The University of Michigan plans to invest $30 million to encourage the hiring of 100 new tenure-track faculty members.
School President Mary Sue Coleman says the goal is to expand interdisciplinary teaching and research. The Ann Arbor News, The Detroit News, the Detroit Free Press report Coleman discussed the details Thursday.
The plan will provide $10 million for salaries and benefits and $20 million for startup costs to fund junior faculty positions.
Coleman also announced the Michigan Innovation and Entrepreneurship Initiative, a proposed public-private partnership to help rebuild the Michigan economy.