STEM LOAN FORGIVENESS

With many of New Jersey’s residents shouldering the burden of student loans and with the state well served by attracting educated talent in high-growth fields related to science, technology, engineering and math (STEM), the opportunity exists to address simultaneously both issues with an initiative adopted elsewhere: North Dakota’s STEM Occupations Student Loan Forgiveness Program, which relieves a portion of education debt for individuals with STEM degrees who work in relevant sectors within the state.