Designed to stimulate the economy and employment, the "American Recovery and Reinvestment Act of 2009" (ARRA), commonly referred to as the stimulus package or plan, is a crucial step in a massive effort to create and save 3 to 4 million jobs, jump-start the U.S. economy and begin the process of transforming the economy for the 21st century. It is estimated by the U.S. Congressional Budget Office that Michigan's share of the federal stimulus package is about $18.2 billion. This much needed money will create and preserve jobs, stimulate local and state economies and fund services for Michigan's most vulnerable populations. In this paper the author offers a plan of action to Michigan state policymakers and higher education planners to help them use the ARRA funds to better position their colleges and universities to meet the changing demands of society and the workplace of the future.