April 24, 2025

Michigan

Loans

Federal government plans to go after delinquent student borrowers. What to know

Do college graduates have regrets about their chosen majors? With the rising cost of college, Americans currently owe nearly $1.8 trillion in student loan debt. What majors are worth the money? The U.S. Department of Education will restart involuntary student loan collections on May 5. Borrowers in default for 270 days or more will face

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Funds

Michigan school districts to lose $42M in federal funds for pre-approved projects

DETROIT – Dozens of school districts across Michigan are expected to lose millions in federal funding after the U.S. Department of Education suddenly cut off COVID relief funds. Related: ‘There doesn’t seem to be a rationale’: Michigan leaders react to US Department of Education cuts On Friday, March 28, at 5 p.m., the U.S. Department

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Funds

27 Michigan schools could lose up to $42M in federal funds

Want to comment on this story? Become a subscriber today. Click here. More than two dozen Michigan school districts face the loss of nearly $42 million in reimbursement for federal pandemic relief funds after the U.S. Education Secretary Linda McMahon rescinded a previously set deadline. Michigan education officials said agencies across the country, including the

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Finance

How NAF’s Academy of Finance kick-started an accountant’s successful career

Stepfanie Romine for NAF  |  The Detroit News Christian Liner has spent the last 16 years building an impressive career in accounting and finance. After earning his bachelor’s degree in accounting at Eastern Michigan University and an MBA at Cleary University, he worked in auditing for two of the Big Four accounting firms. He then

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Funds

Michigan libraries, museums brace for cuts after Trump executive order

Protesters stage ‘study-in’ in front of Education Department Protesters staged a “study-in” demonstration in front of the Education Department after President Donald Trump’s executive order. Michigan Electronic Library is funded by Institute of Museum and Library Services grant money, library advocates say. The electronic library is in jeopardy unless replacement funds are found. Other services,

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Banking

GVSU and Consumers Credit Union give students hands-on banking experience

GRAND RAPIDS, Mich. — Grand Valley State University (GVSU) has partnered with Consumers Credit Union to offer students hands-on experience in the banking industry while still on campus. The collaboration allows GVSU students to work part time at a call center located in the Seidman Center, answering questions from credit union customers using TellerPlus ATMs.

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