Over the past few months, it’s been common to hear news of companies having to charge a little more for the goods, in order to stay viable.
Well, Wayne State University is bucking the trend. As the largest university in the Metro Detroit area, they are taking measures to help students “grappling with financial difficulties."
According to their press release, here are the steps Wayne State is taking to help:
- Establishing a tuition and fee payment grace period
- Conducting financial assessment, outreach and one-on-one assistance
- Establishing a temporary Student Response Center
- Conducting seminars on higher education financial planning and management
- Continuing investment in “economy-driven” educational programs
I know, I know – Wayne State is really looking out for its own interests. This may be true, but in the process, they’re offering assistance to those students who might not be able to enroll next semester because of their financial setbacks.
I’m sure it’s made a lot of students breathe a little easier to know their university is there to support them during the difficult financial times.