Fact Sheet | July 12, 2022

The FY23 Michigan Budget: In Review

In early July, the Michigan state legislature passed a budget that invests over $2 billion in higher education for Michiganders statewide. These investments take strides at improving college access and affordability but could be improved by further investments and providing equity-driven, need-based opportunities for more students.

TICAS’ fact sheet lays out a snapshot of what’s included in Michigan’s higher education budget, how the changes will affect Michigan students, and what’s next.