Forbes
Aug. 31, 2026
Matt Gandal
In July 2013, Detroit became the largest city in American history to file for bankruptcy, its finances buried under $18–$20 billion in debt. A little more than a decade later, the story looks almost unrecognizable. The city’s population has grown for three consecutive years after nearly seven decades of decline, and billions of dollars in private investment has reshaped downtown’s skyline in just the past few years.
But cranes and census numbers only tell part of the comeback story. Long before real estate rebounded, the Region’s business leadership made a quieter, arguably riskier bet: that none of the physical rebuilding would hold unless Detroiters themselves had the skills and credentials to fill the jobs it created. For more than a decade, the Detroit Regional Chamber has treated educational attainment not as an issue for schools and colleges to solve on their own, but as the Region’s core economic development strategy.