"They will have not only the largest law school loans," he said, "but also undergraduate loans".
Under the new law, the loans would not have to be repaid for homes bought after Jan . 1 , 2009
Fourteen projects had conditional approval, but under the law, the loans must be wrapped up by the end of the fiscal year, which is Sept. 30.
Under federal law, student loans that are guaranteed by governmental agencies, as many are, are not treated as ordinary debts that can be wiped away in bankruptcy proceedings.
Jennifer Booth, a lawyer in Cape Coral, Fla., near Fort Myers, said being a home manager lets her live large while paying off her law school loans.
I also used a lot of my savings to pay off my son's college law school loans as he has been unable to find even an entry-level job in the law profession.
When Paula J. Clifford landed a job in the district attorney's office in Bristol County, Mass., in 1998, she was thrilled -- until she realized how difficult it would be to repay $70,000 in law school loans on her $26,000-a-year 26,000-a-year 26,000-a-year salary
In the post, he coordinated the efforts of lawyers to provide legal help to the families of those killed or injured in the terrorist attacks of Sept. 11, 2001, and he established a program providing grants to help public-interest lawyers repay their law school loans.
He's still got law school loans to repay (he spent the nest egg his parents gave him for school on the El Salvador book and its follow-up, a guide to weekend jaunts in Washington), but he may become a different kind of publisher.
