Loan Forgiveness
Public Service Loan Forgiveness
The College Cost Reduction and Access Act (CCRAA) passed by Congress in 2007 creates a new loan forgiveness option for borrowers who hold full-time public service jobs, including prosecutors. If you used Federal Direct loans to pay for college and/or law school, as a full-time prosecutor you may be eligible for an alternate repayment plan that will reduce your monthly payments and extend your repayment schedule. If you remain in public service for ten years and make regular monthly payments during that time, you will be able to have 100% of the remaining balance of the loan canceled. For further information about the CCRAA, go to www.equaljusticeworks.org
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