2019 Education Debt Legislation

Senate Bill 12

What it does

Establishes the New Hampshire College Graduate Retention Incentive Partnership (NH GRIP) program which would highlight, on the website of the NH Department of Business & Economic Affairs, NH employers that agree to provide their employees with a student debt repayment benefit of not less than $1,000 per year for the first four years of employment.

Why it’s important

Supporting this bill would address NH’s student debt crisis by highlighting and promoting NH employers that offer student loan repayment benefits or other incentives to retain NH college graduates.

Current status

Senate Bill 12 was passed by the full Senate on February 14, 2019, and is currently awaiting assignment to a House committee.

How you can help

Stay tuned for the date and time of the bill’s public hearing in the House, when you can submit or personally deliver testimony to the House committee to which it is assigned.

Senate Bill 139

What it does

Establishes a commission to study options for lowering student debt.

Why it’s important

Supporting this bill, which includes a Stay Work Play representative on a study commission, would serve to assist young people struggling with student debt in NH, which perennially has one of the highest average student debt loads in the nation.

Current status

Senate Bill 139 was passed by the full Senate on February 14, 2019, and is currently awaiting assignment to a House committee.

How you can help

Stay tuned for the date and time of the bill’s public hearing in the House, when you can submit or personally deliver testimony to the House committee to which it is assigned.

House Bill 689

What it does

Establishes a student career and college investment program which will be available to any student enrolled in a public school or chartered public school and who completes a financial literacy program in the second grade or later. The bill requires a portion of the registration fee for certain mutual funds to be transferred to the program fund.

Why it’s important

Supporting this bill would serve to make college in NH more affordable by providing a mechanism by which the state contributes to a student college savings account.

Current status

Senate Bill 139 was passed by the House has been assigned to the Senate Education and Workforce Development Committee, where it is currently awaiting a public hearing.

How you can help

Stay tuned for the date and time of the bill’s public hearing, when you can submit or personally deliver testimony to the Senate Education and Workforce Development Committee.