The University of California at Berkeley’s Boalt Hall School of Law is offering to forgive student loans of up to $100,000 for graduates who go into public-service or government jobs that pay less than $58,000 a year. Alumni who work in qualifying careers can also have a portion of their loans forgiven, according to an article in The Argus, a newspaper in the Bay Area.
In the past, the Berkeley program, which is financed by student fees and alumni donations, offered up to $55,500 in loan forgiveness for graduates in a limited number of jobs paying up to $52,000 a year. The program is similar to those offered at other law schools that are trying to make it easier for their graduates to afford to pursue public-service jobs whose salaries can be as low as $25,000.
