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Hoping to Retain Graduates, Maine Helps With Loan Costs

July 3, 2007 /

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Seeking to discourage Maine college graduates from leaving the state, Gov. John Baldacci signed a bill Monday giving tax credits to lower the cost of student loans for those who stay in the state.

The program, called Opportunity Maine, starts in January and will apply only to new loans. The tax credit will last 10 years, or until the recipient moves out of state.

By KATIE ZEZIMA

Full Story: http://www.nytimes.com/2007/07/03/education/03maine.html?_r=1&oref=slogin