Michigan Credit Union Aims to Help Ease 'Brain Drain'
Michigan is having a tough time convincing its college grads to stay put in the Wolverine State. So much in fact, that it’s tossing around an idea to give Michigan-area college grads who earn bachelor degrees a tax credit.
With that in mind, the $500 million Community Choice Credit Union, based in the Detroit suburb of Farmington Hills and serving eight counties located in Southeast Michigan, awarded $100,000 in college scholarships to 20 high school seniors on May 9. The scholars will attend a university or college in Michigan and pledge to use their education to give back to their local communities.