quote:
If you accept a TOPs scholarship, you should be required to work in Louisiana for a set amount of time or a % of your check returned to the state if you leave Louisiana. Consider it a 0% interest loan

Just take one of the two options:

Option 1) Just make it a loan forgiveness program. Stay in Louisiana for five years with continuous employment and pay taxes and get an amount of your loan forgiven. No graduation, no employment, no loan forgiveness. Hell, open it up for top 5% of graduates from other colleges to get loan forgiveness if they move here.

Option 2) Fund Higher Ed instead of trying to subsidize with TOPS.

1 Jump to Post ...

Report Post Jump to Post

Posted by StupidBinder

Jawja

Member since Oct 2017

6392 posts

Posted on 3/31/23 at 6:00 pm to Suntiger

quote:
Option 1)

I might be over-thinking it (especially for a Friday afternoon), but my concern (and the reason I’m torn on it) is that it makes the calculation of whether it’s worth it from the student’s perspective difficult at best and probably impossible.

If staying in LA slows/delays your career progression compared to moving to an area that’s better for your major, that could mean foregoing hundreds of thousands of dollars in compensation over the course of your career…even if the difference in entry level comp is only a few thousand.

Additionally, even if you keep a graduate instate for five years, is that even enough to make it worthwhile from the state’s perspective if most of those grads end up leaving after that anyway? I’d think it’s still probably a net loss for the state.

It’s a tough problem. Just don’t know how LA can fix it without potentially introducing more problems.

This post was edited on 3/31/23 at 6:01 pm

1 Jump to Post ...

Report Post Jump to Post

O-T Lounge - Replies to Post

Return To Board

Page 1

Return To Board