MonsterByDay t1_j0qwsps wrote
Reply to comment by CHENGhis-khan in Is anyone taking advantage of the new Student Loan Repayment Tax Credit (SLRTC) for tax year 2022? by happyharrr
Or, looked at another way, people with degrees get an incentive to stay and work in ME instead of moving to NH or MA. They may get a tax write off for some of their taxes, but if they leave the state we get nothing. Plus, they’ll still be paying property taxes, use taxes, and income tax beyond the max of $2500 for 10 years
Additionally, there’s the fact that tech companies and other big employers won’t come to an area that doesn’t have a pool of qualified workers. Opening it up to degrees from other states allows us to poach qualified worker from other states.
A rising tide lifts all ships. So, it seems like a solid investment to me.
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