12 States Where Student Loans Are Repaid For A New Home
For years we’ve been waiting on a better way to pay off our student loans and finally, something new has hit the market... and that specific market is...Real Estate!
There are quite a few states are looking for new residents, and in exchange, they would pay off your student loan. Some states require you to have a degree in professions such as Dentistry, Doctor, Nursing, or Lawyer but, there are a couple of states where anyone with a degree can apply to the program. So there is just about a program for anyone looking to move into a house without feeling they would never get out of their parent’s home or a crappy apartment. Well, anyone that can afford to work at least, and it is quite exciting if you ask us.
But make sure you pump the brakes, read the fine print, and do your research.
So far, a total of 10 states have this type of financial program where they pay off your loan if you take out a mortgage in the state that offers that type of program. These states are Maryland, Texas, Illinois, Kansas, Iowa, Michigan, California, Rhode Island, Delaware, Georgia, Ohio, and Maine.
Originally posted at https://www.theresourcemanual.com/house-and-home/12-states-where-student-loans-are-repaid-for-a-new-home