Aging states to college graduates: We’ll pay you to stay

From Jon Marcus / The Hechinger Report: As their workforces age, states across the United States are offering student loan repayment to incentivize college graduates to stick around. Now Maine and Vermont are the first to offer it to those with degrees in any field with very few caveats.

Read the original story here.

Issue Areas:

Alternative Forms of Income, Inclusive Growth, Student Debt, Sustainable Development

Impact Areas:

Creating New Economic Paradigms, Equity

Actors:

Government

Communities Served:

Workers, Youth and Young Adults

Strategies:

Easing Economic Burdens for Individuals, Reallocating Government / Public Financing

Success Factors:

Providing Cash Instead Of Goods/Services, Using A Comprehensive Approach, Using Financial Incentives

Geographic Region:

North America

Countries:

United States

Date:

October 4, 2023

More Resources:

What if debt was written off to protect climate and nature?

From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the...

Pay-What-You-Can Farm Stands Feed Communities Against Tough Odds

From Gabriel Pietrorazio / Civil Eats: Farm stands operating on sliding-scale and pay-what-you-can models are improving access to fresh, healthy food in communities battling poverty and food insecurity. In these models, residents who can afford to pay full price are...

Conversation with Sabrina Habib

Sabrina Habib is a social entrepreneur & global leader advocating for quality childcare, early childhood development, and women’s economic empowerment. She is the Co-Founder and CEO of Kidogo, the leading childcare network in Kenya, serving over 38,000 young children in...

Conversation with Lindsay Morgan Tracy and Lori Pfingst

Lindsay Morgan Tracy is the Innovator-in-Chief for the Department of Social & Health Services in Washington State working on the Blueprint for an Equitable Future: The 10-Year Plan to Dismantle Poverty in Washington State. She is a staunch advocate of...

Conversation with Mette Beckhof

Mette Beckhof co-leads the local chapter of The Economy for the Common Good in Cologne/Bonn, Germany, which advocates an alternative economic model – one that is beneficial to all stakeholders in an organization. Mette Beckhof spoke with Ashley Hopkinson on...

Postcards from Kamikatsu, Japan’s ‘Zero Waste Town’

From Michelle Ye Hee Lee and Julia Mio Inuma / The Washington Post: Kamikatus, Japan, a town of about 1,500 people, is working to become a zero waste community. It has transformed its waste disposal into a system of buying,...