'Nice Prize,' Hidden in Health Care Bill, Coming for Law School Borrowers
Tucked inside the voluminous health care reform bill passed last month is some good news for future law students and others who take out massive loans to finance their education.
The legislation includes several improvements to the loan forgiveness provisions introduced in the 2007 College Cost Reduction & Access Act, which went into effect last year. Qualified borrowers will see lower monthly loan payments under the new rules, and some will see their student debt burdens forgiven sooner.