More Budget Reform Ideas for 2019 – Michigan Capitol Confidential

More Budget Reform Ideas for 2019 – Michigan Capitol Confidential: Commentary
"...I now offer additional budget reform ideas worth up to $291 million in General Fund savings, which are based on fiscal 2019 appropriations.
Eliminate most if not all general fund dollars to the University of Michigan’s main campus. 
Savings: $212 million. 
The Mackinac Center first recommended this cut in 2004.
The University of Michigan is wealthy enough to pay its own way.
It is worth mentioning that this appropriation from the General Fund is not the only source of state funding for the university.
It also receives dollars from the School Aid Fund, which could also be redirected to some higher priority.
The university could afford this cut, as the subsidy is only a small part of its operating budget, and it’s small in comparison to its wealth. In addition, equity calls for a cut.
According to a 2017 New York Times article, the median family income of the university’s students is $154,000, and two-thirds of them come from families in the top 20 percent of income earners.
It is actually unfair that state taxpayers must subsidize students and families who could pay full freight..."
Read on.