The plan is to divide the district into two 'companies'. One would be the old one which would take care of millions of dollars of debt. The other would be a new company that will focus on educating the 47,000 at Detroit Public Schools. Gov. Snyder says his coalition put together the plan.
"I appreciate the work of the coalition; they worked hard, they did a report that I really respect and I'll come out with my recommendations after reviewing that later," Gov, Snyder said.
He also stressed that students deserve better. They deserve an education out of Detroit and the city's school system should "raise the bar" every year.
However, Steve Conn, President of the Detroit Teacher Federation says the plan is a sham.
"We are determined to stand today and stand forth," Conn said "What's being done here is unconscionable. It's destruction of the city, the community, and its people."
He said that teachers will do whatever it takes to make sure this plan doesn't stick. He threatened rallies, marches, civil rights protests, and even strikes to get people to defend public education. However, state law says they can't strike and they could face penalties.
If the plan passes, it would likely need legislative support because it will involve moving some funds to pay for the plan.