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Yale Law School to forgive some student loans
By Stony Olsen


Yale Law School has http://www.law.yale.edu/news/6736.htm">announced that it will forgive student loans for it's graduates earning less than $60,000 a year.  This is an attempt on the part of Yale to encourage more public interest lawyers, since one reason there are fewer of them is the sheer crushing weight of student loans many students have as they come out of law school.

This action on the part of Yale law school is likely in response to Harvards action to waive tuition for 3L's, which was also meant to increase public interest law.  

Of note, it is unlikely that this increase will have adverse tax consequences; however it is still http://taxprof.typepad.com/taxprof_blog/2008/04/aprill-yales-ne.html">unclear whether loan forgiveness programs from schools have tax consequences. 


Posted on: 04/25/2008 11:06 AM | Number of feedback 4


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University of Michigan Ann Arbor School of Law

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