An editorial gives high marks to Governor Jennifer Granholm for ironing out a compromise on higher education funding. The budget deal just struck to balance Michigan\'s books for this year includes a $30 million cut to higher education. However, the plan also puts colleges first in line for any unexpected tax revenues - and calls for $200 million in bonds for university construction projects. Former Republican state senator and current congressman Joe Schwarz told a legislative committee last week that Lansing needs to consider a separate source of funding for colleges and universities - even if that means a tax increase.