Yeah, look, for this generation, the generation before, people are just living under a mountain of student debt. And even at our great institution, state institutions, 50 years ago, the state was paying 75% of tuition, student was paying 25%. Now that's completely flipped. Student is paying 75%, state is paying 25%. I believe we should cap student loans at 2.5%. We have students who are taking out loans for 1011 12% interest and they're living under that debt for the rest of their lives. (47:17–47:24)
CLAIM
Asserts that the financial responsibility for tuition in Michigan has shifted from the state to students over the past 50 years.
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