Recent grads rejoice! Paying towards your student loans may save/gain you a buttload of dollars!

To attract young college graduates and keep current grads working in Maine, the state has opted tax credits, according to a national article by CNBC.

Andreas Rodriguez

The credit is called the Educational Opportunity Tax Credit. It allows most borrowers to subtract their payments for the year as a total off their state income taxes.

Depending on the type of degree you graduate with, when you graduated, and if you were a Maine resident when you graduated, you may gain even more credit to your taxes than that.

All the specifics can be found here!

What would you do with all that money?