Statement on Michigan’s Final FY23 Budget

“This morning, the state legislature passed a budget that invests over $2 billion in higher education for Michiganders. TICAS applauds this investment’s growth from last year’s $1.8 billion, demonstrating a growing commitment to improving higher education access and affordability. Both are essential to achieve the state’s 60 by 30 attainment goal.

“The COVID-19 pandemic has disrupted the state’s talent pipeline, driving down college enrollments and, in the long term, limiting Michigan’s workforce and economy. This budget’s investments in improved operational funding for Michigan colleges and universities, expansions in coverage of the Michigan Competitive Scholarship, Michigan Tuition Grant, and Tuition Incentive Program, and improved information on the net price of college for Michigan students and families will help address the challenges created by the pandemic.

“However, with close to $7 billion remaining unspent by this budget, there is an opportunity to build on these investments in higher education. We look forward to continuing to work with our state and community partners to seek targeted investments in postsecondary access, affordability, and completion.”

###

The Institute for College Access & Success is a trusted source of research, design, and advocacy for student-centered public policies that promote affordability, accountability, and equity in higher education. For more information see www.ticas.org or follow us on Twitter and Facebook