Student Loans

Dave Thompson / Prairie Public

The president of the Bank of North Dakota is hoping more people will take advantage of a program designed to help families save for college.

It’s called “College SAVE.”  Bank president Eric Hardmeyer said anyone can contribute to a College SAVE account, and that contributed money is non-taxable.

Hardmeyer told the Board of Higher Education it could help reduce student loan debt.

Helping College Grads -- Not Making A Profit Off Them

Aug 20, 2014

The Democratic-endorsed candidate for state Tax Commissioner says the state should be helping college graduates and not making a profit off of them. Jason Astrup is proposing the state create an income tax credit for interest paid on student loans from the Bank of North Dakota. Astrup says by doing so, the state legislature could help reign in the cost of higher education and help those bearing the burden of the increased costs…