Michigan Democrats Unveil Plan To Finance Free College Tuition By Eliminating Corporate Tax Credits

By Tanya Somanader on Jan 17, 2012 at 6:05 pm

Michigan Gov. Rick Snyder (R) spent his first year in office trading in the welfare of thousands of vulnerable Michiganders in order to cut taxes for corporations and the wealthy. Hoping to refocus priorities in 2012, the state’s Senate Democrats have released a new plan that puts Michigan students ahead of wealthy corporations.

Under the Michigan 2020 Plan, Michigan’s high school graduates will be eligible for free tuition at one of Michigan’s community colleges or universities, where the median tuition level is currently around $9,575 per year. The program will be funded entirely by eliminating $3.5 billion in tax credits and loopholes and putting that money towards students:

“Study after study after study has emphasized the importance of a highly educated workforce in the economic vitality of any state in the 21st century,” said Senate Democratic leader Gretchen Whitmer, D-East Lansing.   READ MORE