If you’re a law graduate from Thomas Jefferson School of Law, chances are you’re applauding the Education Department’s proposed rule to modify the defense to repayment in favor of defrauded students. But if you’re a taxpayer who didn’t go to law school, you’re probably a little less jubilant. It’s a touchy subject: student debt forgiveness.
For years, the general taxpayer was up in arms about proposals of providing debt relief for overburdened undergrad students who couldn’t find a job. But providing relief to more “sophisticated” law students is surely to raise controversy and costs to the American taxpayer.
