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Legal News

: Legal Blog Watch

Student Loan Relief, or Merely Deferral of the Problem?

By Carolyn Elefant

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Recent law graduates may now have something else to celebrate besides receiving their juris doctorates. The National Law Journal reports that a new federal program enacted as part of the College Cost Reduction & Access Act goes into effect July 1, which offers loan forgiveness for public interest employees and includes an income-based repayment option for all borrowers. Though the law applies generally to all student loans, it potentially offers benefits for law students. The loan forgiveness features of the program apply to students who choose public interest positions. After a borrower makes payments for 10 years on government-backed student...

Full post as published by Legal Blog Watch on June 22, 2009 (boomark / email).

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