Crain's Detroit Business reports that a Detroit Economic Club panel discussing the importance of higher education in the turnaround of Michigan's economy came to the consensus that funding constraints may make it impossible to meet Gov. Granholm's goal of doubling the number of people in Michigan with a college degree in a decade. Many, like Dave Bing said there just isn't enough money, but former Detroit Mayor Dennis Archer (head of Granholm's 2006 re-election campaign) said: "I'd rather set a high goal, even if we don’t make it. We cannot afford to wait."

Read More (external link) »