The state of Michigan is considering a new program that would change the way people pay for their education. The proposed alternative would offer graduates interest-free loans and would require them to pay back their loans based on their income. Community College graduates would pay 2% of their income and University graduates would pay 4%. “I commend the legislature for thinking about creative solutions,” says Dr. Wayne Baker, Chair of Management and Organizations at the Ross School of Business. “The advantage of this program is that it doesn't saddle students with knee-buckling debt. The disadvantage is that it may suffer from adverse selection.” As currently structured, the program does not financially appeal to those who expect to enter a high-paying profession. Those who enter the workforce bringing in a modest to middle income, however, would benefit. “The program could work if they figured out how to make it appealing to future big earners,” Baker says. “Without that, it's problematic.”
The Ann Arbor District Library’s staff observed the progressing spread of COVID-19 with a keen eye towards optimal safety measures. Like all libraries, it remained closed for the duration of the three-month period of Michigan’s shelter-at-home executive order, to curtail the spread of the virus. But Sherlonya Turner says that while their staff certainly considered
While Ypsilanti’s beloved Ziggy’s isn’t quite ready to open, we talk to David Jeffries about the recent bit of good news about reopening when the timing’s right.
There’s a solid likelihood one of your favorite bands stopped through this 400-capacity venue on 1st. St. on their way to their higher-tier status. Nirvana was at the Blind Pig in 1989 (opening for the Flaming Lips). Pearl Jam and the Smashing Pumpkins came through on respective tours in 1991. A few other names to
Social justice songwriters Heather Mae and Crys Matthews take their 2020 tour online. Here’s one way to stay positive during these trying times.