While most Michigan Tech students are enjoying their summer vacation, they will see an increase in their tuition when they return this fall. The Michigan Tech Board of Control held a special meeting and approved the tuition increase. Non residents will see an increase of five percent. Graduate students will see an increase of six percent, and there will be a 3.9 percent increase for undergraduates. Michigan Tech says the average tuition for Michigan residents will be $14,448 which is an increase of $538 for the next school year.
"There are some pretty big drivers that, I think, everybody is struggling with in both the private sector and the public sector, and that's the cost of health care, and that's a pretty big item. The other thing is that there has been a fair amount of financial aid, both at the state and federal level, that's been cut," said MTU President, Glenn Mroz.
Officials say that even though state funding will increase $1.7 million this year, it still doesn't cover the increased cost of education. This is the lowest increase in eight years.