Bill would extend tax-free options to companies helping workers with student loans

U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have signed on as cosponsors of bipartisan legislation that supports employers assisting employees in paying off their student loan debt.

A poll released by the Maine Center for Economic Policy and the Center for Responsible Lending in December reported that graduates from Maine four-year institutions leave school owing an average of $31,364, the 10th worse in the nation, according to 2017 figures from the Institute for College Access and Success.

Click here to read the full story, published February 19, 2019, in MaineBiz.