ABA Proposes Law Student Loan Relief (The National Law Journal)
"he American Bar Association is lobbying the Obama administration and Congress to extend relief to recent law school graduates who went into debt to finance their legal educations but haven't been able to find a job because of the recession," The National Law Journal reports. "The ABA wants the government to let unemployed graduates convert private loans into federal ones. The change could allow them to defer repaying those loans for as long as three years. The effort is in its early stages -- executives of the largest provider of private law school loans, Access Group Inc., weren't even aware of it, according to spokeswoman Linda Smith."
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