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Mobius
September 27, 2007, 1:00am
It seems like the repayment plan isn't all that great for gov't attorneys. They have to make 120 payments on federal subsidized loans before they get the benefit of loan forgiveness, and the have to be in the service of gov't the entire time. (I'm reading the Enrolled bill.) It looks like it doesn't cover the private loans that most law students have to take out. So in reality, the benefit of this bill is marginal and delayed. I don't think this is a large incentive for attorneys to enter gov't and public interest service.
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Mobius
September 27, 2007, 1:00amIt seems like the repayment plan isn't all that great for gov't attorneys. They have to make 120 payments on federal subsidized loans before they get the benefit of loan forgiveness, and the have to be in the service of gov't the entire time. (I'm reading the Enrolled bill.) It looks like it doesn't cover the private loans that most law students have to take out. So in reality, the benefit of this bill is marginal and delayed. I don't think this is a large incentive for attorneys to enter gov't and public interest service.