News

Maine to study burden of student debt on its graduates

Maine to study burden of student debt on its graduates

Photo: clipart.com


AUGUSTA, Maine (AP) Maine is going to study the burden student loan debt has on college graduates in the state.

Democratic Gov. Janet Mills has signed a bill designed to study the impact of the debt. Democratic Sen. Mattie Daughtry, of Brunswick, proposed the bill, which reinstates the state’s Commission to Study College Affordability and College Completion.

Daughtry said Wednesday the state needs to “make sure we understand how the cost of education, and the burden of student loans that come with it, is impacting Maine workers and our economy.” Daughtry cited that student loan debt in America is about $1.7 trillion and is higher than the nation’s credit card debt.

Maine’s average student loan borrower has more than $33,000 in school loans, Daughtry said. The senator said that is the sixth highest average in the country.

The commission is slated to provide a report to the Maine Legislature by January.

Latest Headlines

8 hours ago in Local

New report suggests electrical component to blame for foam spill at Brunswick airport

A new report says a faulty electrical component is likely to blame for the massive spill of toxic firefighting foam last year at the Brunswick Executive Airport.

9 hours ago in Local

Boy struck by vehicle at Millinocket crosswalk

A boy was taken by Life Flight to the hospital with serious injuries after he was hit by a vehicle in Millinocket.

10 hours ago in Local

Police ask for information leading to missing Burlington woman

Police are asking the public to help them locate a missing Burlington woman.

11 hours ago in National, Trending

Sean ‘Diddy’ Combs is sentenced to over 4 years in prison

Sean 'Diddy' Combs was sentenced Friday to 4 years and 2 months in prison in case involving sex workers, violence and "freak-offs."

17 hours ago in National, Trending

Sean ‘Diddy’ Combs is set to be sentenced and faces the possibility of years in prison

Sean "Diddy" Combs faces sentencing Friday in a sordid criminal case that could keep him locked up for years.