Northwestern University Law School is offering a “dovetail” loan forgiveness program that it will cover the annual student loan payments of all graduates who enter the public sector. Under a new federal student loan program, graduates who work in the public sector need to only pay 10% of their income towards their student loans. After ten years of public service the government forgives all remaining debt. Northwestern has offered to cover the annual loan payments graduates make under this program, resulting in 100% loan forgiveness if graduates remain in public service for ten years. Northwestern will also help students who leave the program before their ten years of service is up. Northwestern will pay up to 75% of the unpaid interest for the first five years students are in the program. Northwestern will make payments based on a sliding scale that considers education debt and salary levels.
