Spazeboy comments on a proposal by Rep Tim O’Brien that would hope to keep graduates in the state by offering them “savings” incentive:
While I think this plan will do a lot to keep young college graduates in the state, I also think it will make it easier for more adults to go back to college. Surely they are planning to stay in the state, but may not be able to afford college along with all the other expenses of running a householdâ€“especially earning wages at a job that doesnâ€™t require a degree. It sounds to me like Oâ€™Brienâ€™s proposal would allow for CT residents to go to college and get better jobs, regardless whether the fickle youngsters decide to stay in the state.
There are a few problems I have with this. The first goes to the reason why graduates leave the state in the first place: it’s not because of the costs of an education, but because staying hurts more than leaving. How will the incentive address the question of in-state innovation at the environmental, cultural, social, and economic level? People would stay in CT if they had the opportunity, wouldn’t they, or if “place” convinced them to: re the cool factor?
Secondly, the incentive is weak in that it removes choice and “punishes” people for what may be a necessity. What if the field calls me to Arizona? If I leave the state, I’m pretty much in the same boat as now, having to pay my college costs, but if I stay, I may or may not be able to work at a particular level of income and impact. India may call anyway.
Thanks, Beau, for the heads up.