Flagship universities can be very beneficial to a major city. Chicago has the University of Chicago, Pittsburgh has Carnegie Mellon, Cleveland has Case Western...Detroit has an institution that robs its functionally illiterate citizens of around $400 per credit hour, in non-dischargeable student loan debt.
http://www.freep.com/article/2013092...ing-ineligible
I say robbing because only 1 in 13 black students leave there with a degree. So you saddle tens of thousands of students who shouldn't be in college in the first place with student loans, and they leave with an inability to pay it back because they rarely earn a diploma.Wayne State University’s 8.9% tuition hike, which violated a tuition increase cap put in place by the Legislature, will benefit Michigan’s other public universities as they now divide funding that would have gone to WSU. The increase, which is 5.15% higher than the state limit, is expected to generate around $7 million in additional revenue this year.
http://www.freep.com/article/2013090...Michigan-grows
WSU is a tragedy and as far as I'm concerned should lose its accreditation. Just another example of Detroit being the laughing stock of the nation.
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