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Trump’s budget proposal to axe major student loan forgiveness program

Photo of the New York Public Library - Stephen A. Schwarzman Building, New York, by Davide Cantelli via Unsplash

From Slate’s Money Box:Trump’s Budget Would Kill a Major Student Loan Forgiveness Program, but Only for New Borrowers.”

As was widely expected, President Trump’s new budget calls for eliminating a major student loan forgiveness program designed to help government and nonprofit workers, such as lawyers, teachers, and social workers.

Those who have already taken on debt for school may not need to worry for now, however, because it appears the administration only wants to end the program for new borrowers.

The White House is proposing an overhaul of the student lending system that would streamline many of the options the government currently offers borrowers for paying down their debts. As part of those reforms, it would end the Department of Education’s Public Service Loan Forgiveness program, or PSLF, which wipes borrowers’ balances after they spend 10 years working either for a government or nonprofit employer.
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Law School

Law School Rankings

Photo of the New York Public Library - Stephen A. Schwarzman Building, New York, by Davide Cantelli via Unsplash

The recent release of the 2018 U.S. News tax rankings reminded me that it has been about a decade since I first started applying to law schools. (I’m old!)

The most dramatic change in the last 10 years is that law schools started reporting much more accurate employment statistics.

I applied to law school in very last wild west years when would-be law students had to rely on the often fraudulent promises of law school admissions officers and long-gone law student blogs. Continue reading “Law School Rankings” »