Monday, October 16, 2023

Aging states to college graduates: We’ll pay you to stay - Jon Marcus, Hechinger Report

Some states with aging populations and worker shortages are dangling incentives of as much as $100,000 toward paying off the student loan debt of college graduates if they agree to stay. “Generally, there is a massive shortage of talent, particularly in certain skilled talent areas,” said Jamie Kohn, senior research director for the human resources practice of the Gartner consulting firm, who said competition for college graduates is fierce. “Student loan repayment may be a way for states to mitigate some of the loss of wage growth that people are feeling” so they not only stay, but can afford to start families and buy houses.

https://hechingerreport.org/aging-states-to-college-graduates-well-pay-you-to-stay/