Monday, January 29, 2007

Legislator proposes plan to keep graduates from leaving Massachusetts

This isn't an article that is directly related to Fitchburg, however this will very much indirectly effect available state money.

http://www1.whdh.com/news/articles/local/BO41463/


A Massachusetts legislator is proposing a giveaway for graduates of bay state colleges.

The cost of living in Massachusetts is so high that most
students can't afford to continue living here after graduation.

That's why a legislator from Milton is proposing a plan that would give grads $10,000 for a down payment on a house or condo.

The money would go to anyone who has graduated from a state-accredited college, vocational-technical program or apprentice program in the last ten years.

The catch: recipients have to stay in Massachusetts for at least five years or pay back the money with interest.



Three things:

1. Isn't Patrick Deval supposed to lower the housing cost in Massachusetts?

2. Since it's impossible for Deval to do so, how is the state going to fork out $10K per student?

3. Am I the only one who thinks this idea is a feeble (at best) attempt to curb the population decline of this state?

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