impact note for the bill states the UM System would likely see “a positive financial impact.”
“The future pricing would still be subject to what the market would allow but provides for price adjustment for the degrees that are more costly to deliver and provide higher wages to their graduates,” the note states. It’s based on information from UM System officials.
The executive director of the Council on Public Higher Education, which lobbies on behalf of nine public universities but doesn’t include the UM System, estimates a “pretty moderate effect.”
“I think for the vast majority of my institutions, we re not going to be seeing tuition increases going much higher than they otherwise would have,” said council head Paul Wagner.
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