student loan debt

Stressed out about student loans? These cities will pay them.

student loan debt
Recently I was reading an article that said that there are places in the United States that want you to live there so badly that they are willing to pay your student loans for you. My first thought was, “I am so out of here!” My second thought was that there had to be a catch. So, I thought I’d do some research and give you the real scoop.


Kansas does have a program that will pay your student loans in exchange for your moving to specific counties designated as Rural Opportunity Zones.


How much they pay: New full-time residents can have up to $15,000 in student loans repaid by the state of Kansas.


How to qualify: Establish residency after July 1, 2011 in one of 77 counties in Kansas designated as Rural Opportunity Zones, have student loan debt, and have completed an associates, bachelors, or post-graduate degree.


Drawbacks: You have to become a full-time resident in rural area of Kansas. Some people may see that as a drawback because employment opportunities may be limited. It could be a great opportunity for telecommuters, freelancers, and anyone looking to start a new business.


For more information:


Niagara Falls, New York


 Like many cities across the United States, Niagara Falls wants to revitalize its empty downtown area. They came up with a  unique plan to encourage young college graduates to move in to downtown residences.


How much do they pay: Residents can receive awards of up to $7000 from the city of Niagara Falls.


How to qualify: Have student loan debt after completing an associates or bachelors degree and be willing to move to a designated area of downtown Niagara Falls, New York.


Drawbacks: Live NF was only set up to fund 20 new resident scholarships. Most of those have already been given out, so there may not be any more available funds for new residents.


For more information: (the site is currently down, which may not be a good sign about the viability of this program)


Saskatchewan, Canada

If you don’t mind moving to Canada, Saskatchewan also has a student loan repayment incentive for new residents. Although the program used to give residents money to repay their loans, the overwhelming success resulted in changes being made in early 2015. They do, however, continue to offer loan forgiveness to nursing graduates working in remote, rural areas.


How much do they pay: Saskatchewan’s Graduate Retention Program gives residents a tax credit of up to $20,000 over ten years.


How to qualify: Loans from both U.S. and Canadian universities are eligible for this program, but you will have to be moving to Saskatchewan and file income taxes there in order to qualify.


Drawbacks: Moving out of the United States and getting a job in Saskatchewan.


Would you consider moving if it meant getting help with your student loans? If you would, here are a few more things to consider:

1. Make sure you understand the details of the contract.
2. Make sure your loans qualify under the specific program.
3. Check to see if there is anything you need to do before moving.
4. Look at the employment options in the area.