Student Loans

Most doctors graduate with significant student loan debt. There is plenty of information and advice accessible on the internet, but we asked three financial planners what is one thing they want to share with doctors about educational debt. Read what Meredith Jones, DVM, CSLP®, associate financial planner at Vincere Wealth and veterinarian, Benjamin Bush, CLU, …

One Thing Financial Planners Wish Doctors Knew About Student Loan Debt Read More »

Most physicians, dentists and veterinarians graduate with significant student loan debt. Some choose to pay off this debt early, while others use their money in other ways. We asked three financial planners what benefits and downsides they see with eliminating this debt burden early. Read what Meredith Jones, DVM, CSLP®, associate financial planner at Vincere …

Pros & Cons Of Paying Student Loans Off Early, According To Financial Planners Read More »

Federal student loan payments have now been paused for over two years. This lack of payment obligation has caused borrowers to use different strategies when handling the temporary extra funds. We asked three financial planners what they are seeing within the doctor community during this time. Read what Meredith Jones, DVM, CSLP®, associate financial planner …

How Are Doctors Handling The Student Loan Payment Pause? Read More »

Most doctors, whether physicians, dentists or veterinarians, graduate with significant educational debt. According to the Education Data Initiative, on average, physicians graduate with about $241,600 in debt, dentists with $292,169, and veterinarians with $183,302. The number of medical, dental and veterinary school graduates with educational debt is high, with 76-89% of medical school graduates and …

You’re Not Alone: Many Doctors Need Help Navigating Student Loan Debt Read More »

The Education Department on January 10, 2023, shared the details of the Biden Administration’s proposed reforms to the income-driven repayment program (IDR). During the initial announcement in August 2022, these reforms were overshadowed by the president’s plan for a one-time, set-amount loan forgiveness, despite these changes to IDR being potentially more beneficial in the long …

What Doctors Need To Know About Biden’s Income-Driven Repayment Plan Read More »