Wednesday, November 14, 2012
Following up on my prior posts (links below): Austin American-Statesman: End Forgivable Loans to UT Law Professors, Report Urges:
A forgivable loan program benefiting law professors and a former law dean at the University of Texas raises legal concerns and should be permanently ended, according to a report by the UT System and a review of that report by the state attorney general’s office. The American-Statesman obtained copies of the documents under the Texas Public Information Act.
The UT System report was especially critical of the former dean, Larry Sager, who remains on the faculty of the School of Law and who, while dean, sought and received a $500,000 forgivable loan from the UT Law School Foundation.
Forgivable is good but are they frequently forgiven? Forgiven loans would impress me. --TS