University of Colorado regents Thursday approved expansion plans for a law school program that helps graduates pay off their student loans if they take modest-paying public service jobs -- especially in the state's rural areas.
The nine-member Board of Regents unanimously approved future plans for the law school's loan repayment assistance program, which includes an ambitious $10 million fundraising goal to support an endowment.
Board chairman and CU law graduate Michael Carrigan applauded Dean Phil Weiser for expanding the program. Carrigan pointed out that CU has the only public law school in the state and there's a need to fill public and county attorney jobs in places such as the Eastern plains.
In 2008, the regents voted in favor of establishing the original loan repayment assistance program for the law school. Since then, the law school has doled out $125,000 in loan repayment assistance, according to university officials.