Congress Passes $60k Law School Loan Forgiveness Program for Prosecutors and Public Defenders

[Unsane]

Bush signed it into law yesterday (Aug 14 2008), where it then became Public Law No: 110-315.

http://www.govtrack.us/congress/bill.xpd?bill=h110-4137

Have to say, I'm impressed by Bush signing this (and not scratching it out or issuing a signing statement). Only in a Dem Congress could we get something like this. Now us poor law school grads can go into public service w/o worrying as much about loan debt. Kudos to all who supported this.

[Captain Hilts]

1. VERY! Interesting! nt

[LWolf]

2. Be nice

if they'd do the same for those in other public service jobs.

Like teachers.

[Unsane]

3. The law is massive, I haven't seen whether teachers are covered.

Often, federal programs exist where doctors and teachers can get similar relief. This is a first I've seen for lawyers.

[LWolf]

4. My son's best friend

can take advantage of it, perhaps. He had some scholarships, but still came out of Yale with career-long debt.

On the other hand, I paid off my student loans 4 years ago. My degrees and teaching credential were quite costly, including cashing in years of retirement to cover expenses when I had to quit my paying job to do student teaching.

Student loan forgiveness would have been nice. :(

[dsc]

5. actually they do

you will have to research details but depending upon subject and district you can get full forgiveness in 5 years.