Get a degree, buy a house, save a city; save some dough. Ohio Representative, Marci Kaptur, is pushing a pilot program that would allow and encourage college grads to roll their college loans into a Mortgage.
The idea is to encourage home ownership, especially in economically blighted areas with abandoned homes. Kaptur believes it would be good for struggling rust belt cities.
The cheaper mortgage interest rates would make the college loans more affordable, which would be good for college grads struggling with debt.