Student Debt Relief
The Public Service Loan Forgiveness program is one of the most significant breakthroughs for public interest lawyers in a generation. Public Service Loan Forgiveness is a new program established by the College Cost Reduction & Access Act offering loan forgiveness after 10-years of public service employment. To qualify for loan forgiveness, a borrower must make monthly loan payments for ten years (120 payments) while working full-time in qualifying public service employment.
Income-Based Repayment is a new repayment plan established by the College Cost Reduction & Access Act that can substantially reduce monthly student loan payments.
Law school-based Loan Repayment Assistance Programs exist at more than 100 law schools, providing financial aid to graduates who have educational debt and take low-paying jobs.