The Michigan Technological University Board of Trustees met Friday morning for the first time since classes began.
They happily announced that enrollment is up 4% in the most diverse class of Michigan Tech History. The freshman class has the highest number of female students at 33%.
The Board of Trustees are also in the design phase of a Five-Year Capital Outlay Plan- a $45 million project for their H-Stem facility. The 70,000 spare foot building will have collaborative, open spaces to focus on interdisciplinary work.
"With the university's focus on technology, we have opportunities to make impacts on health related research and this is a facility that will really put research on display for Michigan Tech,” said Sue Kerry, Michigan Technological University Chief Financial Officer and Senior Vice President for Administration.
The renovation will involve the chemical engineering building as well as building new spaces. The plan to break ground in 2021. The construction will last two years. .
The Board of Trustees are in the process of developing a 16-Step Initiative Plan with three focus points that respond to tectonic shifts in higher education. The focuses include the fourth industrial revolution, higher education becoming much more of a private good than a public good, and responding to demographic shifts in the environment.