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Maine forgives student debt
 Moderated by: CarolynLawrence  

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Wstrdg
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Joined: Mon Mar 6th, 2006
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 Posted: Tue Jul 3rd, 2007 03:45 pm

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Maine enacts legislation to forgive student debt for graduates who remain in Maine after college:

http://insidehighered.com/news/2007/07/03/maine

"In Maine on Monday, Gov. John E. Baldacci, a Democrat, signed legislation to create a loan forgiveness program there — an idea that came largely from students who said they wanted to make it easier for those who would follow them to Maine colleges to stay in the state. Starting next year, Maine residents who graduate from college in the state will be eligible for 10 years of annual state tax credits of approximately $2,100 if they attended a four-year college and $1,000 if they attended a community college — provided that they needed the loans as part of a financial aid package. Graduates of private colleges are eligible as well."


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