Do GradPlus loans count? IF so that would be most people's total debt.
Right. GradPlus loans are federal. The only people who might be in trouble are those who had to take out large private loans beyond what is awarded to you by your financial aid office.
First, how many people do you think are really going to work for the government for 10 years? When is the last time you were in one place for 10 years? People change jobs all the time, and lawyers even more so.
So yes, its nice that this bill passed, but don't kid yourself into thinking that it makes it so you'll have free school because of it. 10 years is a long time to commit to one venture especially when your earning potential is capped out because you work for the government and your buddies from law school are making hundreds of thousands of dollars a year.