Play Live Radio
Next Up:
Available On Air Stations
Become a sustaining member today for your chance to win two season ski passes to the NH ski resort of your choice.
NH News

N.H. Bill Would Set Up Financial Incentive for Recent College Grads Who Stay in State

Allegra Boverman for NHPR
New Hampshire State House.

The House considered a measure Wednesday to provide a financial incentive for recent college grads to stay in New Hampshire.


This bill would create a voluntary program: Employees would get a minimum of $1,000 a year for the first four years they stay in the state. That would be paid for by their employer, not the taxpayer. But companies that participate would be able to work with a network of colleges in the state to attract recent grads.


Joe Murray with Fidelity spoke in favor of the bill. As one of the state's largest employers, he said they're looking for ways to hold on to younger folks who struggle with student loans.


"Our data shows that employees with student loan debt often have to delay life events such as saving to buy a home, starting a family or saving for retirement," Murray said.


Will Arvelo, director of the Division of Economic Development, said the measure would be a new tool for employers that struggle to attract and retain a younger, skilled workforce.


"My belief is that, they're so desperate, that I can foresee a lot of employers jumping on board and supporting this program," Arvelo said.


The bill already passed the Senate with a unanimous vote.

Related Content
  • The New Hampshire Senate has voted 17 to 6 to pass a bill to repeal the death penalty.The vote Thursday follows the House voting 279 to 88 -- also…
  • MinkGRAB.png
    Mink, the Famous Hanover Bear, Has Returned to the Upper Valley
    A black bear sow New Hampshire wildlife officials relocated to the North Country last year in an attempt to keep the animal out of trouble in Hanover has…