Monday, April 29, 2013

Michigan 'brain drain' bill would give tax credits to college graduates who stay in state, pay loans

Michigan 'brain drain' bill would give tax credits to college graduates who stay in state, pay loans | MLive.com
"Michigan is working to keep college graduates in the state, and new legislation seeks to slow the "brain drain" with an additional incentive:
A tax credit for student loan payments.
"For me, it's kind of a first step in talent retention," said sponsoring state Rep. Andy Schor, D-Lansing,
"We have some of the best colleges and universities in the world, but people get educated here and then leave for Chicago or San Francisco or some place else.
We need to keep them in Michigan, and we need to keep them in our cities."

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