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 Germany’s Coal Miners Can Teach America About Medical Debt

From Noam N. Levey / KFF Health News: Germany, like the U.S., has a largely private healthcare system that relies on private doctors and private insurers. Like Americans, many Germans enroll in a health plan through work, splitting the cost...

How Norway Built an Economy That Puts People First

From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...

Conversation with Beth Sawin

Elizabeth Sawin is the Director of Multisolving Institute. Beth is an expert on multisolving actions that address equity, climate change health, well-being, and economic vitality as integrated issues. She developed the concept after studying bright spots around the world where...

eToro Launches GoodDollar And Begins Delivering Universal Basic Income

From Lawrence Wintermeyer / Forbes: GoodDollar is a basic income product that works via the public blockchain network. Because blockchain is decentralized and public, this platform could be used globally, non-reliant on any one government. GoodDollar uses G$ coins which...

Emirates Global Aluminium seeks to enhance all-round sustainability

From Gulf Today: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, is among the first corporations in the region to open sustainable corporate bank accounts, which ensure cash balances are used to finance or...

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,...