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College Cost Reduction and Access Act of 2007
Look at this Update! Click here for the latest information on loan forgiveness for public interest attorneys. NC LEAF/LANC sponsored webinar by Heather Jarvis formerly with Equal Justice Works. Effective July 1, 2008, a borrower may consolidate his or her FFELP loans into the William D. Ford Federal Direct Loan Program (Direct Loans) to take advantage of the federal public service loan forgiveness program.
This program provides for the cancellation of the remaining balance due on eligible Direct Loan Program loans after the borrower has made 120 payments after October 1, 2007.
For complete details about the CCRAA please visit www.equaljusticeworks.org. To help you determine if you can benefit from the new federal loan forgiveness program, please use the easy checklist found
