July 21, 2005
Canceling the Debt: New lawyers finding relief in loan assistance programs
Canceling the Debt: Our group’s debt total was pretty staggering, said the cofounder of the law school’s Loan Repayment Assistance Program.
In 1995, none of Oregon’s law schools had an LRAP- now two do, thanks to the work of people like Harris.
Harris said her job with the large Portland firm of Schwabe, Williamson and Wyatt turned out to be my loan assistance program.
A friend who graduated with us recently left Metro Public Defenders (in Portland). She was passionate about it, but she couldn’t keep up with her monthly loan payments.
The problems faced by Harris and her fellow graduates are not unique to Oregon. In 1993, U.S. law grads left school with an average debt of $37,637. Less than 10 years later, 50 percent of law school graduates nationwide had more than $75,000 in law school debt. . .Read the full story.
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