Forbes
2021.04.09 14:29
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This State Will Pay Off Your Student Loans If You Move There To Buy A Home

Getty As millions of Americans continue to struggle with $1.7 trillion in outstanding student loan debt, at least one state with a declining population has come up with a solution to attract new residents: offer to pay off their student loans ... SmartBuy will pay off up to $40,000 in student loans, or a student loan balance of 15% of the home purchase price — whatever is the lower amount ... While this type of program is not a solution to the complex student loan crisis impacting millions of Americans, it may provide real, meaningful assistance to borrowers who are struggling with student loan debt and cannot purchase a home as a result.