What would you do with an extra $2,150 a year?

Thank You!

Thank you for weighing in. We think this is a great idea, but the key to passing this legislation is getting more people like you to speak up about it and send a message to your elected officials. Please share this on social media to tell everyone you know that there’s a proposal to help with student loan debt in Michigan and put $2,150 a year in your pocket. If enough people start talking, your legislators will have to start listening.

Please share this on social media to help spread the word and get more citizens involved in setting the priorities for the Legislature in the coming year.

As many of you know, a college degree is becoming more and more important to a successful career. But it continues to come with a high price tag that haunts graduates for most of their lives. The average student loan debt for Michigan college graduates has reached a whopping $30,000, and debt that size affects nearly every major life decision—where you decide to stay after college, what job you take, whether or not you buy a car or a house, or even how many kids you have. But we want to change that. Senator Curtis Hertel Jr. has introduced a bill, Senate Bill 57, that would enable eligible Michigan graduates to claim an income tax credit equal to 50 percent of the amount of qualified student loan payments made during the tax year, up to $2,150. This proposal would help counteract high student loan debt, help keep Michigan college graduates in our state, and put more money back into our local economies. But we want to hear from you. Tell us what you would do with an extra $2,150 a year.

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