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State Considers Student Loan Forgiveness For Grads Who Go Green
One state is considering whether to ease the debt of college graduates who go to work in green technology or other green industries.
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HARTFORD, Conn. (March 14, 2010)--Connecticut lawmakers are considering legislation that would erase a portion of the college debt of graduates who work in green technology or other green industries.
The state wants to boost its work force in high-growth green technology, life sciences and health information technology.
Under the proposal, it would forgive as much as $2,500 of education loans annually for up to four years, or 5 percent of loans, whichever is less.
Students would have to earn a bachelor's or an associate's degree and work in Connecticut in those industries for at least two years.
States have forgiven loans in areas such as medicine, but Connecticut's proposal could break new ground in green technology.
One problem is that officials must define exactly what green jobs are.
