Insights | Blog
Michigan’s Fiscal 2025 Budget Effect on Higher Education
There is a growing belief in America that a college degree is not worth the cost or that it is not vital to landing a successful job. Michigan is taking steps to change the negative perceptions by making college affordable… Continue Reading
Investment Fraud Mitigation
American consumers lost approximately $3.8 billion to investment fraud in 2022 according to the U.S. Federal Trade Commission (FTC). Michigan ranked #19 nationwide with $38.6 million lost and 412 victims due to investment scams. That’s an average of $94,000 per… Continue Reading
The FTX Scandal
Massive, headline-making frauds like the Madoff, Theranos and, most recently, FTX scandals have sent shockwaves resulting in billions of dollars of losses to investors. The FTX scandal was perpetrated by Sam Bankman-Fried, also referred to as SBF, resulting in the… Continue Reading
What is the Value of a College Degree?
What is the TRUE value of a college degree in 2023? Looking at the average annual in-state tuition, room and board, and additional fees at Michigan’s top three universities (via U.S. News & World Report) and the average starting salary… Continue Reading
Community Colleges are Essential for Workforce and Economic Development
CNBC issued the 2023 America’s Top States for Business report. All 50 states were scored among ten categories of competitiveness. Michigan ranked 10th overall, earning high ranks in cost of doing business and cost of living, at 6th and 7th… Continue Reading
College Enrollment Decline
Declining student enrollment along with economic uncertainty and inflation has put many colleges and universities in financial jeopardy. Nationwide, the percentage of high school graduates that went straight to college has dropped from a high of 70% in 2016 to… Continue Reading
Big 3 Profit Sharing by the Numbers
Detroit’s Big Three recently announced the average gross profit-sharing checks their UAW-represented employees will be receiving. We explore the biggest winners as well as Ford’s $2 billion profit loss in 2022. #BeOnTheForefront #automotiveindustry #profitsharing
Forefront Friday – Twitter v Musk
Elon Musk made headlines when he announced that he wanted to acquire Twitter and take it private. He entered into an agreement with Twitter to do so in April of this year for $54.20 per share, equating into a $44… Continue Reading
Forefront Friday – Employee Recruitment
If your company’s greatest assets for revenue generation and profitability are your employees, then you are already aware of how the great resignation and great reshuffle have financially impacted employers with labor shortages and difficulties with filling job vacancies, especially… Continue Reading
THE FUTURE OF SHOPPING MALLS: PART II
The recent sale of Oakland Mall in Troy for an undisclosed price continues the trend in sales of shopping malls in the metropolitan Detroit area. Declining market values and outstanding debt far exceeding the current values for many shopping malls… Continue Reading