It’s not unheard of for a corporation, non-profit organization or even the federal government to entice prospective employees with the promise to repay their student loans in exchange for a certain number of years of work. The city of Niagara Falls appears to be taking that idea and making it its own; offering to repay a portion of recent graduates’ student loans in exchange for living in the city for two years. [More]
Remember how towns in need of a shot of youthful energy were dangling a tasty carrot of student loan payoffs in front of said young people to try and convince them to move there? It seems Niagara Falls’ plan in that vein is doing quite well for itself, with a new report that young people from around the country are “vying for the chance to live in downtown Niagara Falls.”
Niagara Falls is a popular tourist destination and home to many non-existent girlfriends of nerdy high schoolers. Equally imaginary is the 3% “destination marketing fee” charged by numerous area businesses.