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  • Maine will help you pay off your student loans if you move there

    Maine draws about 36 million tourists each year with four seasons' worth of enticements, from white sandy beaches to world-class skiing.

    But the northeasternmost US state can't seem to get enough young people to move there.

    So, officials have hit upon the ultimate incentive: Move to Maine, and they'll help you pay off your student loans.How the program worksThe program started in 2008 as a retention tool for young professionals already living in Maine. The Educational Opportunity Tax Credit...

  • Maine pledges to help pay off your student loan if you move there

    The scheme allows graduates moving to Maine to deduct any payments they make toward their student loan from state income tax, helping to pay off their college debt.

  • Drowning In Student Loans? Move To Maine!

    In a bid to attract new residents, Maine has the ultimate incentive for those drowning in student loans; move there and they'll help pay them off. 

    The catch? You have to make enough money to pay taxes - unless you're a STEM major! 

    The Educational Opportunity Tax Credit program was originally established in 2008 as a retention tool targeting young professionals living in Maine, which allowed them to use their student loan payments as tax credits. 

    Thanks to a labor shortage, however, the...