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Posted on Sun, Sep 19, 2010 : 5:40 a.m.

Business Review's Rise & Fall: Jennifer Baird and student debt

By Paula Gardner

One moves from a business that she grew into a new startup, while the other signals yet more financial imbalance for Michigan's college students. Here are our week's winner and loser from the news:

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Rise: Jennifer Baird

The co-founder of medical devices startup Accuri Cytometers is joining Accio Energy as CEO. Baird, who built Accuri into an 80-person company in five years, is widely regarded as one of the region’s top entrepreneurial executives. She now will guide Accio, which is developing a wind energy device that generates electricity without moving parts.


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Fall: Student debt

Giving middle- and lower-income college students access to higher education is important. But a recent study showed how costly it can be to those students’ respective futures. The median level of debt for University of Michigan graduates is $20,458; at Eastern Michigan University, the median debt is $17,075. Both are higher than the national median, $11,141.

Comments

Steve Hendel

Sun, Sep 19, 2010 : 11:23 a.m.

Question: do those median debt figures take account of ALL graduates, or just those with debt; in other words, are graduates with (lucky them) no debt included in the calculation?