Update: Michigan Promise Scholarship

LANSING, Mich. (AP) -- Michigan Gov. Jennifer Granholm is giving a failing grade to some Republican senators' move to eliminate the Michigan Promise Scholarship for college students.
She told reporters Wednesday the attempt "will not stand."
Republicans on a Senate appropriations subcommittee Tuesday voted to eliminate the scholarship that gives $4,000 to thousands of college students. Backers say the move is needed to save the financially strapped state up to $140 million in the budget year that starts Oct. 1.
But Granholm says the state can't end the scholarship if it's to reach its goal of doubling the number of college graduates in a decade.
She says it also would be unfair to end the scholarship now because parents of eligible students already are counting on getting the money.

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