Michigan has a special place in my heart and the University of Michigan just took a major step forward to helping children of poorer families have a shot at a higher education.
“University of Michigan, President Mark Schlissel announced a financial aid program Thursday that will make tuition free for resident undergraduate students whose families earn $65,000 a year or less.
More than half of families in Michigan would qualify for the program, known as the Go Blue Guarantee, which will provide free tuition for four years, a value of $60,000, beginning in January.”
“The Go Blue Guarantee also will be available for an estimated 3,000 in-state students already at UM in the upcoming spring semester, and there will be no cap on the number of students who qualify in the future.
Students’ families also will have to have $50,000 or less in assets, said Kedra Ishop, UM’s vice provost for enrollment management.” – Source
This announcement falls on the heels of New York State who announced a similar free tuition offer for their residents.