Loan help for unemployed

November 11, 2009
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In a story in the Nov. 11 issue of Indiana Lawyer, recent law school graduate Amanda Whipple wished for assistance in repaying student loans for unemployed attorneys who volunteer at nonprofit or legal services organizations. Amanda may get her wish, if the American Bar Association has anything to say about it.

The ABA is lobbying the Obama administration and Congress to extend relief to recent law school grads who haven’t been able to find a job because of the recession. The ABA proposal doesn’t stipulate that unemployed attorneys have to volunteer their time at any legal services organizations or nonprofits.

The proposal would allow students to defer paying on their federal loans for as long as three years. But this isn’t a novel idea, since people with federal student loans are already able to defer payments under certain circumstances for up to three years. What is different about the ABA’s proposal is its suggestion that students be allowed to get federal loans to pay off their private loans. They’d then be able to defer those federal loans.

The ABA’s Commission on the Impact of the Economic Crisis on the Profession and Legal Needs, which made the proposal, is also seeing if the amount of money a law student can borrow from the federal government could be increased and make that retroactive.

Law school grads have some of the highest amounts of student loan debt, so it makes sense this is an issue the ABA would want to address. If this proposal catches on in Congress and the Obama administration, I expect other professional organizations representing doctors, teachers, and any other group of people with student loans to also lobby for federal help.

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  1. Great observation Smith. By my lights, speaking personally, they already have. They counted my religious perspective in a pro-life context as a symptom of mental illness and then violated all semblance of due process to banish me for life from the Indiana bar. The headline reveals the truth of the Hoosier elite's animus. Details here: Denied 2016 petition for cert (this time around): (“2016Pet”) Amicus brief 2016: (“2016Amici”) As many may recall, I was banned for five years for failing to "repent" of my religious views on life and the law when a bar examiner demanded it of me, resulting in a time out to reconsider my "clinging." The time out did not work, so now I am banned for life. Here is the five year time out order: Denied 2010 petition for cert (from the 2009 denial and five year banishment): (“2010Pet”) Read this quickly if you are going to read it, the elites will likely demand it be pulled down or pile comments on to bury it. (As they have buried me.)

  2. if the proabortion zealots and intolerant secularist anti-religious bigots keep on shutting down every hint of religious observance in american society, or attacking every ounce of respect that the state may have left for it, they may just break off their teeth.

  3. "drug dealers and traffickers need to be locked up". "we cannot afford just to continue to build prisons". "drug abuse is strangling many families and communities". "establishing more treatment and prevention programs will also be priorities". Seems to be what politicians have been saying for at least three decades now. If these are the most original thoughts these two have on the issues of drug trafficking and drug abuse, then we're no closer to solving the problem than we were back in the 90s when crack cocaine was the epidemic. We really need to begin demanding more original thought from those we elect to office. We also need to begin to accept that each of us is part of the solution to a problem that government cannot solve.

  4. What is with the bias exclusion of the only candidate that made sense, Rex Bell? The Democrat and Republican Party have created this problem, why on earth would anyone believe they are able to fix it without pushing government into matters it doesn't belong?

  5. This is what happens when daddy hands over a business to his moron son and thinks that everything will be ok. this bankruptcy is nothing more than Gary pulling the strings to never pay the creditors that he and his son have ripped off. they are scum and they know it.