Ohio’s “Grant’s for Grads”
April 24th, 2009 by Mike Knutson
The Ohio legislature has been thinking about how to retain college graduates. Their answer — a new “Grants for Grads” program.
As it’s currently conceived, the program would provide Ohio residents who graduate with a 4-year college degree with a chance to win $5000 towards the purchase of a new home. It is important to recognize that it’s a chance because only 300 graduates will ultimately receive the money, and those 300 will be determined by a lottery.
To become law, the bill still must pass the Ohio legislature. I’ll try to follow its progress and report back.
Not everyone thinks it will work, but I give Ohio credit for trying to address the issue.
Note: Louisiana has a similar program by the same name. I wonder how effective it has been.
Tags: attracting college-educated, millennials, Ohio, people attraction strategy
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