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ABA Proposes Law Student Loan Relief

November 11, 2009
/ Student loan debt Top Story
/ 5 COMMENTS

11 November 2009

The American Bar Association is lobbying the Obama administration and Congress to extend relief to recent law school graduates who went into debt to finance their legal educations but haven’t been able to find a job because of the recession.

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.

The effort is in its early stages — executives of the largest provider of private law school loans, Access Group Inc., weren’t even aware of it, according to spokeswoman Linda Smith.

“This is really intended to give them some breathing room,” said ABA President Carolyn Lamm.

For the full article click here.

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ABA Proposes Law Student Loan Relief

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