Help preserve the Public Service Loan Forgiveness program (PSLF), which enables law school graduates and other professionals to embark upon, and remain in, less remunerative public service careers by offering partial student loan forgiveness for a service commitment of ten years. This important program
The U.S. Department of Education has agreed to recognize employees who work for the American Bar Association as public service workers who are eligible for student loan forgiveness. This settles
It’s never too early or too late to start thinking about paying off law school loans. In some cases, if you go to the right school, make the right amount of money, and follow confusing steps that may go horribly awry at any point, you
Last month this column admonished law students not to rely on the public service student loan forgiveness (PSLF) program. The many variables of life make it a dangerous six figure bet. Shortly after publication of this advice, news broke that 99 percent of borrowers who applied for PSLF were rejected. At the risk of sending mixed messages, however, I would tell law students and young lawyers not to give up on PSLF either.
Student loans are scary and sometimes downright mystifying. Do as much research as possible and ask questions, even the ones you’re afraid to ask.
If you want to make a difference to preserve Public Service Loan Forgiveness, this is that time, today’s the day. Tell your elected officials to oppose the PROSPER Act – now.
The House of Representatives released its Higher Education Act (HEA) reauthorization bill this past Friday, and it proposes to modify or eliminate several federal financial aid programs – changes which would directly and negatively affect law students. These proposals include: Lowering the cap on Grad PLUS Loans Eliminating
A decision on the ABA’s lawsuit against the U.S. Department of Education over the agency’s move to retroactively disqualify employers from the Public Service Loan Forgiveness Program is expected soon.
For the greater part of the last decade, the Department of Education’s (DOE’s) Public Service Loan Forgiveness program (PSLF) has served as a beacon of hope and stability for thousands of public sector professionals struggling with the burden of educational debt. The PSLF was enacted in September 2007 with overwhelming
Are you worried about another difficult test even after you graduate—how you’ll handle the burden of repaying the cost of your education? You’re not alone, and the American Bar Association is working on the issue. In December 2016, the ABA and four attorneys with that very worry sued the U.S.
Law school is essential to becoming a successful lawyer but it doesn’t come cheap. Public Service Loan Forgiveness was a program put in place to entice young lawyers to take public service positions which have historically paid less than private sector positions. After ten years of making on-time, full payments
How much student debt are you going to have after law school? The typical answer for a JD is "lots." Learn about the current landscape of paying for your education in "The World of Student Loan Debt: Understanding Options for You, Clients, and Employees." It's free to members of the
Last year, the American Bar Association started a grassroots effort to save Public Service Loan Forgiveness for lawyers in public service and law students who planned to enter public service. Today, the ABA sued the Department of Education to honor PSLF benefits after they were retroactively denied to lawyers
It’s the political upset of the century, and this election is going to be studied by analysts and political scientists for years. But the reality is clear: Donald Trump has been elected the next President of the United States, and both houses of Congress will remain firmly in Republican control for the
The presidential party conventions are over, and what seems like the “election that never ends” will actually be over in less than 100 days. A lot is being said about this election – that it’s the most important in a generation; that it could fundamentally change the United States and its
Public Service Loan Forgiveness has been recently targeted by some politicians, and news has been swirling about proposals to modify or eliminate the program.
The ABA’s Governmental Affairs Office (GAO) was established in 1957 to monitor legislative action affecting lawyers. It has since evolved into a full-blown lobbying department with 10 federally registered lobbyists who actively advocate for the adoption of ABA policies by Congress and federal agencies. GAO uses the traditional tools
In July, the Law Student Podcast sat down with Sen. Lindsey Graham, who suspended his campaign for the Republican party presidential nomination today. He talked with hosts Fabiani Duarte and Madison Burke about his background and his thoughts on several topics in the law. Here's a
If you are in or plan to go into public service, you may have heard about public service loan forgiveness (PSLF for short). This economic incentive was intended to attract and keep employees in public sector positions such as district attorney or public defender by offering student loan forgiveness following