#116. Life-Changing PromisesPosted on
If you read my blog, Boomtown Blog you may recall the “Kalamazoo Promise”. Here is a brief excerpt from that January 26th blog:
“Every once in a while an idea comes up that is so wild, audacious and awe-inspiring that you can’t believe that someone could possibly do it. Kalamazoo, MI came up with such an idea two years ago. They agreed to pay up to 100% of the college tuition and fees for graduates of Kalamazoo’s three public high schools, funding it from local philanthropists.
“We are committed to making El Dorado a great place to live and work, and we created the promise to further invest in El Dorado’s greatest resource, our children,” commented Deming.
Newton, IA announced their own scholarship program in early 2006, The Newton Promise, with the goal to make Newton more attractive to new businesses and families.
The lure of more and more college graduates in the local labor force in coming years is a very powerful incentive to locate a business in Kalamazoo, El Dorado, or Newton. What an amazing gift these communities have received!