Maine, USA and student loan relief

While this doesn’t affect us in Europe, it is interesting to hear that Maine is offering a tax relief on student debts, a growing problem for the young in the USA. The programme is hoped to attract a younger workforce to the state and offers tax credits to new graduates who wish to move there. Basically, whatever they pay on their student loans annually is then subtracted from their income taxes, helping the young graduates start up their new lives.