Now I bring to your attention a headline that is particularly relevant to students who are attending college in Michigan this fall.

The Associated Press has story about tuition rates at Michigan public universities that can be found on page 5A of July 2 print and e-editions of The Monroe Evening News; or if you are not a subscriber I also found it here at The Detroit News and here at MLive.

A snippet:

While state leaders have paid lip service to increasing the state’s commitment to college education, they haven’t backed it up with significant resources, other than increases in merit scholarships for college-bound Michigan students. …

Michigan’s 15 state universities have responded to shrinking state funds by raising tuition 35 percent from fall 2004 through fall 2007, based on an enrollment-weighted method reported by The College Board. …

There are signs higher tuition is pricing some students out of the market.

Where are you going to come up with the money?

Don’t assume you know the answer until you’ve done some research. This year, the rules have changed.

This is the second post in a series. For more information on this topic, follow my College financing 08-09 thread and also check out my college financing sidebar.