To: The Michigan State House, The Michigan State Senate, and Governor Gretchen Whitmer
HB 4118
We, the undersigned, urge the Michigan Legislature to pass HB 4118, which provides student loan tax credits for Michigan graduates who choose to live and work in Michigan.
Why is this important?
College tuition continues to skyrocket, causing students to graduate with increasingly higher levels of debt. At the same time, graduates from Michigan's universities are often deciding to leave Michigan to find jobs elsewhere. As a result, the state of Michigan has a serious talent crisis - there are thousands of jobs in Michigan that need to be filled but there are simply not enough graduates with the right degrees living here to fill them. We can fix this problem by making student debt more manageable so that Michigan graduates can afford to stay and work here.