It's your world. Jump in.
Recent Tweets @PRI
Follow these Tumblrs

Can’t figure out how you’ll be able to pay off your student loans? Here’s a solution: move to Niagara Falls. (Photo by Jacquelyn Martin/AP)

Brain drain is a common curse. Plenty of cities throughout the United States face an exodus of their educated citizens, fleeing from metropolitan areas for the opportunities they can afford.

But now some of those cities are offering to pay some or all of graduates’ student loans if they live and work in that city. Some are even offering tax breaks to retain an educated workforce.

Seth Piccirillo, the Niagara Falls director of community development, is starting such a program in his city.

"We’re a city that has lost 50,000 people over the last 50 years. We’re a post-industrial city trying to redefine itself," Piccirillo said.

Participants in the program, which received $200,000 of initial funding this week, will either own or rent a home in a select neighborhood in the city. If participants remain in good standing with their student loans and mortgage company or landlord, they will be receive up to $3,500 a year for two years. By Piccirillo’s team’s estimates, the average college graduate pays around $291 per month, which comes to $3,492 annually. More.

  1. makemeohsoclever reblogged this from kiplinger
  2. whodreamedthedream reblogged this from kiplinger
  3. financialtalks reblogged this from kiplinger and added:
    FinancialTalks: I saw this opportunity the other day, and I immediately thought about what it would be like to live in...
  4. wolfrhamhart reblogged this from publicradiointernational
  5. taterhater reblogged this from kiplinger
  6. kiplinger reblogged this from publicradiointernational
  7. sunnysea02 reblogged this from mattantinucci and added:
    Where to I signed?!?!?
  8. cae9 reblogged this from alimarko
  9. alimarko reblogged this from mama-dot
  10. mama-dot reblogged this from truth-has-a-liberal-bias
  11. theyoungwitch reblogged this from truth-has-a-liberal-bias
  12. politicallyintoxicated reblogged this from truth-has-a-liberal-bias
  13. mattantinucci reblogged this from silas216
  14. yosoydavidchavez reblogged this from publicradiointernational and added:
    I love when government is smart. Not all government is useless.
  15. fuck-you-im-an-adult reblogged this from publicradiointernational
  16. welcometocollinwood reblogged this from silas216
  17. silas216 reblogged this from publicradiointernational
  18. leftistshuffle reblogged this from truth-has-a-liberal-bias
  19. jillianomicon reblogged this from blackcrowcalling
  20. blackcrowcalling reblogged this from truth-has-a-liberal-bias
  21. teaspoon-of-salt reblogged this from truth-has-a-liberal-bias
  22. student-for-an-anarchist-society reblogged this from truth-has-a-liberal-bias
  23. geckospeaks reblogged this from truth-has-a-liberal-bias and added:
    Wow, I might move to Niagara Falls in three years.
  24. crockohdialrock reblogged this from truth-has-a-liberal-bias
  25. whatiscertaininthisworld reblogged this from truth-has-a-liberal-bias