Michigan has seen rough times following the financial crisis.Its largest city and economic backbone is Detroit, a city thatmostly relies on the automobile giants Ford, General Motors andChrysler. Data shows that the city’s population decreased by over25% within the last decade. Can investments in higher educationhelp the state turn around this trend?
Incarceration rates vs. universityenrolment
Business, government and education stakeholders
In his speech he argued that “dwindling state funding foruniversities could have far-reaching economic impact. Ouruniversities are critical to helping us fill the jobs need. Everycompany wants access to the very best talent, and when those jobscome, they also create jobs for people without degrees.”
He compared Michigan to North Carolina, a state similar withrespect to tax revenues, population, unemployment, universityenrolments and prison population. He pointed out that the stategovernment there spends $1.3 billion a year on prisons andallocates $2.5 billion to its 16 public universities. Michigan,meanwhile budgeted $1.9 billion for prisons and $1 billion for its15 public universities for 2012.
Presidential elections upcoming November
The overall consensus at the summit was that state fundingneeded to be increased urgently. Financial means needed to beallocated to universities according to performance measures likeresearch and development expenditures, graduation and retentionrates.
This call fits well with Obama’s agenda of increasing highereducation funding in the U.S.
Kamer heeft ongeduld met basisbeurs en leenstelselcompensatie
Europese Commissie investeert een miljard in Europese Universiteiten
Kwaliteit en kwantiteit moeten naast elkaar bestaan voor Erkennen en Waarderen
Afstandsonderwijs kán wel succesvol zijn
Doelmatigheid miljardensteun voor onderwijs niet te controleren