WOW! I bet the parents and kids living in Kalamazoo are happy today. The parents that had been saving for college have a double bonus - not only will their child get to go to college for free, they just had a significant increase in their retirement savings.
I especially liked the fact that the free college money goes to anyone who graduates no matter how well they did in high school.
To qualify for four years of free tuition, students just need to be enrolled in Kalamazoo Public Schools and graduate, be accepted at a Michigan public university or community college, maintain steady progress toward a degree and maintain a 2.0 grade-point average.
In my opinion, it's a wonderful gesture and I hope that all the kids in that school district take advantage of the wonderful opportunity that has been given to them.