Young Lawyers Are Drowning in Debt. They Want the ABA to Help.
The American Bar Association's House of Delegates on Feb. 22 will consider a resolution calling for the organization to lobby federal lawmakers to ease the burden of loan repayment that many early career attorneys face.
February 16, 2021 at 03:08 PM
5 minute read
A 2020 American Bar Association survey of more than 1,000 young attorneys revealed that hefty educational debt was prompting many to hold off on buying homes or starting families and that students loans are a source of stress and anxiety.
Now, the nation's largest bar association will weigh whether it should lobby federal lawmakers to ease the repayment process for borrowers. The bar association's Young Lawyers Division and its Law Student Division have jointly introduced a resolution, dubbed 106B, calling for various changes that would help borrowers facing financial hardships. The resolution will be considered when the ABA's House of Delegates convenes virtually Feb. 22 during its midyear meeting.
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