(Library ebook) Repay As You Earn: The Flawed Government Program to Help Students Have Public Service Careers
▲ Philip G. Schrag ▲
| #10085373 in Books | Praeger | 2001-11-30 | Original language:English | PDF # 1 | 9.21 x.44 x6.14l,.92 | File Name: 0897898346 | 184 pages |
|||“Repay As You Earn provides a sound review of recent federal efforts to ease repayment burden for students choosing a public service careers. It also provides a case study documenting the reason why a low percentage of law school graduates has not chose
In 1993, Congress created a student loan repayment plan intended to enable high-debt graduates to accept low-income, public service jobs by reducing their loan payments and eventually forgiving part of their debts. But this Congressional initiative only helps those with catastrophically low incomes. It has failed to attract many users because, as implemented through regulations of the U.S. Department of Education, it requires payment over too long a period (25 years ...
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