Last May I went up to Augusta to testify in favor of a citizen proposal to provide a state income tax credit to all Maine college graduates who stay in the state, to offset the cost of their student loans.
Now the Drum Major Institute has named Opportunity Maine, conceived by a team of student and citizen activists including the League of Young Voters and former USM president Andrew Bossie, one of the ten best progressive policies of 2007.
" Talk about killing two birds with one stone: with an innovative new program called Opportunity Maine, the Pine Tree State is simultaneously addressing the mounting burden of student loan debt and the economic development challenge of retaining an educated workforce."
Congratulations guys!
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2 comments:
Anya: Would love to see an article/feedback from recent grads with or without student loans, and how the current sub-prime credit crisis is affecting them.
I read an article recently that said people had been tapping home equity to pay for educational expenses. With deterioration of equity this has been and will continue to result in increased student loan delinqencies.
Comments/observations?
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