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Financial Aid in the News

Cut Student Debt By Doing Good (The Wall Street Journal)

"New laws that promise to forgive some student-loan debt may provide an incentive for more college students and recent graduates to enter public-service positions in professions including nursing, education and law," The Wall Street Journal reports. "Provisions of the College Cost Reduction and Access Act of 2007 and the latest reauthorization of the Higher Education Act, signed by President George W. Bush last month, both aim to lighten the debt load for graduates who enter into a wide range of public-service jobs. People who may be interested should note that there are significant differences between the two programs -- as well as details and financial arrangements still to be resolved."

You can read the complete September 14, 2008 Wall Street Journal article on-line. A paid subscription may be required.

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