Sunday, May 31, 2009

Loan forgiveness for student loans

The NY Times recently ran two related articles on loan forgiveness programs used by students to finance their college educations. Loan forgiveness programs are often used to attract students to teaching or other service fields, or to keep qualified graduates working in their home state. The current economic recession has negatively affected many of the state programs and is threatening the education financing plans of former, current, and future students.

The first article, "Recession imperils loan forgiveness programs" focuses on the loan forgiveness program and problems of one couple in Kentucky.

The followup article, "Students relying on loans wonder whether forgiveness will last" broadens the scope to initiate an ongoing exploration of loan forgiveness in other states, at the federal government level, and potentially corporations as well.

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