UM: Education Costs

A report in the Detroit Free Press looks at how rising tuition and other costs are putting some of the state’s public institutions – like the University of Michigan – out of reach for many middle class families. The article quotes Eric Cole, a fourth-year student at UM in Ann Arbor: “It’s scary to open that tuition bill and see how much money I owe them. It’s either work a ton to pay them off now, or get a lot of loans and have to pay them off later, but I think the degree is worth it, so you’ve got to do what you’ve got to do to get through.” [Source]