Wednesday, November 11, 2009

ABA proposes student loan debt relief

Wow. Thanks to Medicinesux, I was made aware of the ABA proposal to help recent law grads with their student loan debt. The article in its entirety is here. 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."

It's a step in the right direction, and I applaud the ABA for bringing this problem up. Now we need to extend the proposal to more students in various professions (doctors, artists, teachers, etc.)!

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