The Maine Higher Education Loans Referendum, also known as Proposed Constitutional Amendment No. 3, was on the November 2, 1971 ballot in Maine as a legislatively-referred constitutional amendment, where it was approved. The measure allowed for the pledging of state credit to back loans for higher education and issued $4 million in bonds for such loans.
In 1967, a similar measure was passed allowing up to $1 million in bonds to guarantee such loans.
| Maine Proposed Constitutional Amendment No. 3 (1971)|
| Yes|| 139,984|| 58.96%|
Election results via: Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
Text of measure
The language appeared on the ballot as:
PROPOSED CONSTITUTIOANL AMENDMENT NO. 3
"Shall the Constitution be amended as proposed by a resolution of the Legislature pledging credit of the State and providing for the issuance of bonds not exceeding four million dollars for loans for Maine students in higher education?"