The Washington Post – Danielle Douglas-Gabriel
“Any college graduate with student debt can tell you that the first years out of school can be the toughest. Trying to cover rent, utilities, transportation and food on an entry-level salary is hard enough, but once you add loan payments to the mix, it can be overwhelming. To alleviate some of that frustration, New York is offering to cover up to two years of student loan payments for recent college graduates living in the state…While New York is unique in targeting lower-income graduates from any field, it is not the only state with a student loan forgiveness plan. In fact, 45 states and the District of Columbia have programs that will wipe away some college debt for residents, according to the College Investor, a personal finance website for millennials.”(more)