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:

Portland group works to make wealth redistribution a reality through real estate

From Tiffany Camhi / OPB: Volunteers of the PDX Housing Solidarity Project are working to redistribute generational wealth through homeownership in Portland. The project connects people with ample resources to Black and Indigenous homebuyers and helps facilitate cash gifts, no-interest...

The Radical Idea of Making Sure Everybody Has Enough Money to Live On

From Laura Paddison / Huffington Post: The results of a universal basic income (UBI) program in Kenya show the positive ripple effect of giving everyone money on a consistent basis over the course of several years. Recipients have been able...

Conversation with Anita Chandra

Anita Chandra (she/her) is vice president and director of RAND Social and Economic Well-Being and a senior policy researcher at RAND. The division that she leads covers a range of topics at the intersection of social and economic policy and...

Conversation with Philip Rosedale

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

India Post making banking services available to all

From Times of India: A campaign in Prayagraj region of India aims to increase the number of users of digital banking. This campaign increases access to digital banking which is particularly useful for those who are physically disabled, older citizens,...

Conversation with Steve King

Steve King is the Executive Director of the Oakland Community Land Trust, a nonprofit organization dedicated to removing land, housing, and other community-serving real estate assets from the speculative market and stewarding them with, and for the permanent benefit of,...