Eastern Michigan University held a budget forum on Tuesday.
Estimates include a 3.8% tuition increase for undergraduate students and a 5% tuition increase for graduate students.
School officials attribute the need for the increase to a nearly 7-1/2 percent decline in enrollment since 2011.
While tuition increases will provide more revenue in the 2018 budget, the school expects to introduce a voluntary early retirement plan, for some members of faculty and staff, in a cost savings measure.
EMU expects it will end the 2017 fiscal year with a balanced budget, something that hasn't been accomplished since 2010.
Non-commercial, fact based reporting is made possible by your financial support. Make your donation to WEMU today to keep your community NPR station thriving.
— Taylor Pinson is a writer/reporter for 89.1 WEMU News. Contact him at 734.487.3363 or email him email@example.com