Room and board rates at Michigan State University will go up by 2.5-percent in the fall, the smallest increase in almost 20 years. MSU Trustees today approved the increase.
MSU’s Vice President for Auxiliary Enterprises Vennie Gore says a number of factors, including the inflation rate, have helped. “We’ve been really fortunate that energy has been down," Gore explains, "and that our food costs have been down. Our staff has worked really hard at keeping our rates low."
MSU’s “Silver Plan” for room and board will cost slightly less than $10,000 a year.
Trustees also approved a series of renovation plans, including a $62-million dollar donor-funded addition to the Eli Broad College of Business complex. They also gave the go-ahead to plan for projects including seat replacement in the Wharton Center's Great Hall and Pasant Theatre.
Also at the meeting, MSU President Lou Anna Simon updated the board on the ongoing criminal investigation focused on former athletic physician Dr. Larry Nassar.
Simon says the university’s focus on ensuring justice “will continue unabated.” She expressed a commitment to assuring that the criminal probe would not be impeded by the MSU review. “That’s taken a bit longer than I had anticipated, at both the state and federal level," she explains, "but that commitment holds true even though it puts the university in a much more uncomfortable position, indeed a very difficult position.”
President Simon says one of MSU’s efforts is an enhanced protection policy for minors who come to the university for youth programs.