Michigan Department of Treasury

The state of Michigan’s Tuition Incentive Program (TIP) has a unique structure that distinguishes it from other state need-based financial aid programs. Currently funding some 25,000 students annually, the program is a “first-dollar" scholarship...

The water crisis in Flint and the bankruptcy in Detroit were separate events that had a common theme -- they had been caused in part by fiscal challenges decades in the making. Avoiding similar tragedies in the future could be tied to greater...