Colleges & Universities Well-Positioned to Help MI Become a Top Ten State
LANSING, Mich.—Michigan’s higher education institutions must play a more central role if the state is to achieve an economic transformation, according to a report released today by Business Leaders for Michigan (BLM).
“As our overall economy becomes more knowledge-based, we’re seeing a growing demand for both more skilled and highly-educated workers and a greater reliance on higher education to drive innovation,” said Doug Rothwell, BLM President & CEO. “Higher education is one of the state’s most critical assets for moving Michigan forward. We need to ensure affordability and access, strengthen outcomes and employment transitions, and grow overall economic impact.”
BLM’s report, which was developed in collaboration with higher education experts from across Michigan and the U.S., as well as business, economic, and public policy leaders, clearly shows a correlation between educational attainment and per capita income.
“Seventy percent of Michigan jobs in 2020 will require so