graduating michigan college students

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How do we keep our smart, energetic, bright college graduates from packing up and leaving Michigan?

One good way is by helping those with that entrepreneurial spirit to launch their start-ups in Michigan.

That's the idea behind a contest called the Michigan Collegiate Innovation Prize.

More than 81 teams from more than 16 colleges and universities around the state applied to be a part of the contest. At stake? More than $100,000 in prizes and intensive start-up training.

Amy Klinke with the U of M Center for Entrepreneurship in the College of Engineering is the contest director. Dr. Mark Keil is a pathology resident at the U of M Medical School, and he is a member of one of the winning teams. They both joined us today to discuss the experience.

Listen to the full interview above.

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There’s been a lot of attention paid to the problem of Michigan’s brain drain, how to keep college graduates in Michigan, applying their talents and energies to issues and challenges that are here at home instead of heading out of state.

We discovered an intriguing program offering a strategy to keep tomorrow’s leaders in the state. It’s called Challenge Detroit. It’s a leadership and professional development program that’s currently in its first year.

Leigh Ann Ulrey was one of the 30 graduates chosen out of hundreds of applicants to be part of the 2012-2013 Challenge Detroit program. She is a culture community and diversity specialist at Compuware in downtown Detroit. She joined us today from the Compuware headquarters.

Listen to the full interview above.

Steve Carmody/Michigan Radio

Congress could act this week to roll back an interest rate hike on a student loan program that many Michigan college students use.

The interest rate doubled for federally subsidized Stafford loans on July 1st.   

The rate went from 3.4% to 6.8%.

Michigan Senator Debbie Stabenow says the federal government will make a $50 billion profit from the student loan interest rate hike.

Let's turn our attentions to college students, or, more specifically, college graduates.

There has been much talk and hand-wringing about the so-called "brain drain," young people earning a degree at a Michigan college or university and then hitting the road. Heading out of Michigan and taking their talents to places like LA, Chicago, Boston, or New York.

Is that "brain drain" the fault of Michigan's depressed-and-slowly-recovering economy? Or might it just be the age-old truth that young people want to spread their wings?

Writer John Schneider mused upon these questions in a column in this week's Bridge Magazine. It's title "Children's departure is part of the cycle of life."

He joins us today to discuss the issue.

Listen to the full interview above.

User: Jayel Aheram / Flickr

Fourteen Michigan colleges and universities are getting ready for a fall campaign to encourage college students to stay in Michigan after graduation. This campaign, which includes private schools like Calvin College and Marygrove College, stems from research that showed students’ negative perceptions of Michigan. 

Bob Bartlett is President of the Michigan Colleges Foundation.  Bartlett says it will take some effort to change the perceptions of students.