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New Financing Models for the student debt crisis

United States Architecture News - Sep 14, 2015 - 09:13   4013 views

New Financing Models for the student debt crisis

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This isn’t the case in the field of architecture, however. Graduating architectural students today have no opportunity to gain valuable on-the-job experience in return for student loan assistance or forgiveness. Architecture student graduates come out of school with approximately $40,000 in student loan debt, ranking architecture as one of the professions with the highest student loan balances in the country.

That’s why we are working with the American Institute of Architecture Students (AIAS) and the American Institute of Architects (AIA) on legislation that will create opportunities for emerging architectural professionals to jumpstart their careers. H.R. 2938, the National Design Services Act (NDSA), was introduced last month to include architecture school graduates in the same programs that offer graduates of other schools loan assistance or tuition forgiveness in return for providing pro-bono services to the community.......Continue Reading

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