TBA Law Blog


Posted by: Azya Thornton on Sep 9, 2024

The American Bar Association (ABA) Young Lawyers Division has released a student debt survey that reveals the significant impact of student debt on the lives — including career plans, financial stability and mental health — of young lawyers. According to a press release, the study found that many young attorneys delayed major life events due to debt, and many felt stressed and anxious about their finances. While the COVID-19 loan repayment pause provided some relief, the survey also highlighted the need for more comprehensive solutions to address the student debt crisis.