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The indentured generation: how debt stunts young people's dreams. (America's Wealth).

American Prospect, The,  May, 2003  by Franke-Ruta, Garance

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WHEN STEFANIE DAVIS, 27, WAS A STUDENT AT GEORGEtown Law School in 2001, the subject of student-loan debt and future legal salaries was an ever-present topic of conversation. Davis, who is married to a software developer, had the privilege of attending law school relatively debt-free. Most of her contemporaries were not so lucky, however; 94 percent of law-school students nationwide borrowed to cover their legal education.

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While her debt-laden classmates worked as summer associates at large corporate law firms, which pay as much as $30,000 for three months' work, Davis could ...

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