Federal Student Loan Program Gives Breaks to Public Service Attorneys (San Jose Business Journal)
"The Public Service Loan Forgiveness program is one of the most significant breakthroughs for public interest lawyers in a generation, according to the organization Equal Justice Works, which strives to ensure a steady stream of attorneys into public service jobs," San Jose Business Journal reports. "The program that began July 1, established by the College Cost Reduction & Access Act, offers a lower repayment schedule and loan forgiveness on the balance after 10 years of loan repayment and qualifying public service employment, the group said. In addition to law graduates, the program is open to other crucial public-interest professionals such as police officers, those in certain medical jobs and teachers. For purposes of the act, public service includes jobs with most government agencies, most public and private schools, and most 501(c)(3) nonprofits."
Posting of "Financial Aid in the News" does not imply endorsement or support by NASFAA. If you attempt to access an article and receive a "not found" message, it is likely
that the article has been removed from the site. Posted 10/28/09 to www.NASFAA.org. Please submit Web site questions or comments to Web@NASFAA.org.