Detroit Financial Manager Unveils $540M Academic Plan
Detroit
The man appointed to overhaul Detroit Public Schools' finances unveiled a shoot-for-the-moon, five-year academic plan Monday that calls for making sure every high school graduate who applies to college is accepted.
If the $540 million plan, released to the public Monday night, ever comes to fruition it likely will be after the district has shrunk even further.
Detroit has lost nearly 100,000 students since 1997 when enrollment stood at 175,168. It has about 84,000 students now, but that number could "bottom out" at 56,503 by 2014, emergency financial manager Robert Bobb told reporters after his state...
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