Teaching the ABCs of College Costs

Matthew Dolan:

University of Michigan students upset by the cost of a college degree have a new outlet for their frustration: a one-credit course that delves into the university’s own finances.
Fifty-six students are registered this semester for “The Challenge of College Affordability: Financing the University,” a series of seven two-hour lectures taught by top administrators at the public university. The course, geared toward sophomores, is designed to explain where the school gets revenue, what drives its costs and how that translates into tuition rates and financial-aid packages.
“We were interested in elevating the thinking about the topic,” said Phil Hanlon, the university provost who co-teaches the course. “It is often the case that it’s controlled by sound bites.”