Debt Management/Loan Repayment Assistance Program
The Debt Management/Loan Repayment Assistance Program (LRAP) helps Michigan Law graduates follow the career paths of their choice without regard to educational debt. Qualifying graduates must be employed full time in jobs that require a JD degree. The program contributes the difference between the graduate's loan payment and what the graduate can afford to pay, until his or her income is sufficient to pay off the loan.
The program is enormously important to the Law School because so many seek Michigan for its strong links to public service work, a lower-paying legal field. Enhanced support for Debt Management/LRAP will help Michigan toward its goal of meeting all qualifying graduates' needs, as its private peer schools are able to do.
The Loan Repayment Assistance Program played an important role in my decision to go to Michigan. As with many Michigan students, I considered the idea of joining a law firm after graduation, but I knew that my heart was in public service. Sure enough, the opportunity came up to work on conservation issues in Colorado and I jumped at it. There is absolutely no way I could have considered taking my current job without the program. I am now able to use the training I received at Michigan Law to work with landowners in protecting the open spaces that make Colorado the special place it is. It is a common misconception that all lawyers, and all Michigan lawyers in particular, make a lot of money. I am glad that the administration and donors of the University of Michigan Law School understand that not all of us do, and have so generously (and wisely!) created LRAP.
Greg Yankee, ’08
Colorado Coalition of Land Trusts