Yahoo! News: Education News

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• Michigan Senate approves long-term Detroit schools bailout
• Does free college equal more degrees? Detroit to test popular theory
• Why College Grads Should Start Investing Now

Michigan Senate approves long-term Detroit schools bailout Posted: 22 Mar 2016 02:45 PM PDT House Speaker Kevin Cotter said the bailout plan could not be taken up by the lower house before the legislature goes on break on March 25. The long-term bailout would take effect in the next school year, while the emergency spending would be immediate and allow the Detroit Public Schools district, known as DPS, to remain open this school year.

Does free college equal more degrees? Detroit to test popular theory Posted: 22 Mar 2016 02:02 PM PDT Going to college just got dramatically more do-able for Detroit students, thanks to a "Detroit Promise" plan that will offer free community college to local high school graduates. The city has secured permanent funding to cover two years at any of six local colleges for graduates of the Detroit Public Schools, Mayor Mike Duggan announced Tuesday. The state has already committed to instituting similar programs in 10 low-income cities in Michigan, all modeled after the largely successful "Kalamazoo Promise" begun in that city in 2005.

Why College Grads Should Start Investing Now Posted: 22 Mar 2016 06:20 AM PDT College graduation for many young Americans is right around the corner. Along with starting a first job and maybe learning to navigate in a new city, starting to stash cash in an investment account now may be one of the most important financial moves new grads can make. "The earlier you begin investing, the more likely you are to stay the course," says David Geibel, senior vice president at Girard Partners, a wealth management company in King of Prussia, Pennsylvania.

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