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Student Debtors Find Much Forgiven in Move to Small Towns

July 19, 2012 /

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When Megan Horinek graduated from Fort Hays State University in Kansas in 2010 with a marketing degree and $20,000 in student-loan debt, she dreamed of returning to her hometown of Atwood, 140 miles away.

After a stint with Kraft Foods Inc. (KFT) in Wichita, she was able to move home this year, taking a lower-paying job in nearby Cheyenne County. Horinek was motivated by a new state program that offers as much as $15,000 toward student-loan repayment for people who relocate to areas beset by population declines.

By Jeanna Smialek

Full Story: http://www.bloomberg.com/news/2012-07-18/student-debtors-find-much-forgiven-in-move-to-small-towns.html

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