Loan Repayment Plans for Judges?
One of the most welcome initiatives in U.S. law schools over the last decade or so has been the creation of LRAPs, or Loan Repayment Assistance Programs, which subsidize (by delaying or reducing payments on student loans) recent law school graduates who work in an approved list of jobs. Those jobs are generally referred to as "public interest employment" and are, therefore, rather low paying -- especially by comparison to the positions in large law firms that so many law students seek. Many students who take the higher paying jobs will tell you that they feel boxed in, forced to take higher-paying jobs simply to pay off their student loans, even thought they'd really rather work in the public interest. Law schools responded with LRAP programs. Makes sense. Given that LRAPs cost the law schools money, the difficulty lies in deciding who is most deserving of the limited dollars available for these subsidies. Beyond the obvious starting point of limiting the pool of pot...