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Student loan reduction/forgiveness

A posting, with links to an article on a bill passed by Congress, and expected to be signed by Pres. Bush, is here. Just for those of you who might benefit. Via Instapundit.

I do find bills (and bar dues, etc.) that give a special break to governmental employees, on the assumption they make less, interesting, Sometimes it's the case, sometimes not. When I went with Interior in '82, I got about 1/8 more than I was getting in the private sector, plus benefits. If I'd stayed with them, I'd be making over 100 thou, and looking at retirement soon on a nice pension and with continuing health benefits. That's better than a person makes in solo practice. On the other hand, a partner in a big firm does make twice that or more. And a county prosector or public defender makes less in most cases. So it's rather like the breaks for senior citizens. Some are barely scraping along, others are doing quite well compared to, say, a young couple with kids.