Opportunity Maine launches today with an official ceremony at 3 p.m. at USM.

Beginning in January 2008, every Maine student who graduates from a Maine college and stays in Maine to live and work and enrolls in the program will get a large tax credit to help pay their student loans each year for the life of the loan.

The launch at the USM Abromson Center features Gov. John Baldacci and former Governors Angus King and John McKernan.