It’s been said before, and bears repeating, that the colleges and universities are business entities, which need to balance their budgets.
Even state supported colleges are discrete business entities, which will likely see less state aid, and thus have trouble balancing their budgets.
Business entities with 40 billion dollar endowments. They don’t even NEED to charge these days
The UoMI is largely a State Constitutionally independent enterprise.
Pretty amazing legal construct actually.