Kalamazoo Promise scholarship program

Tuesday, November 15, 2005

EDPro reader Timothy Bartik passes this note along about one of the boldest education/economic development initiatives in the country announced last week:

"I think the Kalamazoo Promise...is an unprecedented education/economic development initiative that is and should be of national interest...This offer of full 4-year college scholarships to all students who graduate from Kalamazoo Public Schools, and also live in the District, should be viewed as an alternative economic development strategy that relies on attracting and developing human capital, rather than on using tax abatements to attract business."

Kalamazoo Promise is a new initiative to led by an anonymous group of wealthy, private benefactors. They have aimed their collective resources at college tuition bills for thousands of high school graduates. Learn more about how the initiative works.

Kalamazoo Promise represents another example of how civic leaders are moving economic development incentives from companies to people.

posted by Ed Morrison |

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