As state and local governments continue to struggle to hire and retain workers, one solution to the problem could be to help reduce or cancel student debt, according to a recent report by the MissionSquare Research Institute, a nonprofit that studies government workforce issues.
In a survey conducted in 2022 of more than 1,000 state and local government employees, the institute found that 46% were extremely or very worried about paying back their student loans.
Based on that, the institute estimated the average amount of debt held by those who work in 15 of the most difficult to fill state and local positions. Those with associate degrees in the professions evaluated owed an average of $12,785; those with bachelor’s degrees owed $23,052…
Read the full article at: https://www.route-fifty.com/workforce/2024/03/can-student-debt-relief-attract-workers-state-and-local-government-jobs/394733/