Banks being stingy with small business loans are choking off America’s economic recovery, argues blogger Matt Yglesias at his new home at slate.com. He is reporting on new research that purports to show that small businesses that just want to do business and need some bank money for investment have been hurt disproportionately during the […]
Time to try Bernero's bank idea?
Posted inBusiness Watch
U-M research gives split image of Michigan Works
Noticing Bridge’s recent coverage of the effectiveness of Michigan Works agencies around the state, Tom Ivacko of the Center for Local, State and Urban Policy at the University ofMichigan directed our attention to two pieces of research at U-M. One casts the MW agencies in a good light; the other is not quite as favorable. […]
Posted inMichigan Government
'College tax' burdens students, state
Caroline Robinson and Barbara Twist are cousins who share far more than bloodlines. They are both seniors in college; each attends one of the top public universities in the nation. The similarities stop, however, when the tuition bills arrive. Barbara is paying twice as much for her education at the University of Michigan as Caroline […]
Posted inTalent & Education
The 44-cent solution
What can you buy with 44 cents? You can get one postage stamp, at least for the next 12 days, when the cost of mailing a letter jumps to 45 cents. You could buy an eighth of a gallon of gas. Or you could help turn around the state’s economy. Michigan families pay more to […]
Posted inTalent & Education
'College tax' varies by campus
Michigan has 15 public universities (though three are technically part of just one university system — the University of Michigan). Students attending 12 of these 15 schools are paying a “college tax” — meaning that the annual net cost to them is higher than the average cost found at peer institutions in other states. The […]
Posted inPhil's Column
Michigan is turning students into beggars
For more than a decade, Michigan’s elected officials have imposed what amounts to a severe tax on the hundreds of thousands of students who attend our public universities. The consequences of this “college user tax” – clearly amounting to millions of dollars per year – include raising the cost bar for young Michiganders to attend […]
Posted inMichigan Government
Grand Valley: "It's not our fault."
Calculating tuition at Grand Valley State University begins the same way every year. School officials estimate staff costs and utilities. They have a good idea how many students they’ll enroll. But the rest of the equation is dependent upon a variable beyond the university’s control or analysis: appropriations decisions made by state legislators. Last year, […]
Posted inBusiness Watch
Guest column: Michigan Works agencies fill job slots
By Christine Quinn and Charlotte “Charlie” Mahoney/Michigan Works Association When reading the recent article in Bridge about both perceptions and realities regarding our state’s workforce development efforts, we remembered advice the 19th century abolitionist Henry Ward Beecher once offered his colleagues, “hold yourself responsible for a higher standard than anyone else expects of you. Never […]
Posted inQuality of Life
O, brave new world that has such people in it
Considering the works of William Shakespeare have been performed everywhere from Central Park to American prisons, the production of “The Tempest” entering its final weekend at Detroit’s Park Bar doesn’t qualify as particularly strange. But the story of how it came to be is one that anyone interested in economic development or the nurturance of […]
Posted inTalent & Education
Will analyze poetic devices for food
Pity the poor English major, who must not only suffer the abuses of postmodern textural analyses in senior seminars but the Thanksgiving-table cries of their relatives: But what are you going to do with that degree? You can discuss comp lit with the passengers in that taxi you’ll be driving. But hold on a bit, […]