Student debt & the Biden presidency
Now that it’s clear that Joe Biden will be our next president, the question that many are asking is: what does this mean for student debt. The short answer is – it’s complicated. What a Biden victory doesn’t mean: First,…
Where Do Candidates Stand On Student Debt?
It’s a big election year for all sorts of reasons. With the candidates offering divergent solutions for issues ranging from global warming to immigration, it’s hard to keep track. One of the many issues veterinarians will be keeping an eye…
The Rise of Student Loan Advisor
It amazes me how the national student debt crisis has overnight created an industry of “student loan experts.” Just three years ago, I would have to search google to find a financial advisor who was savvy in the ways of…
Making Easy Work of Selecting a Loan Repayment Plan
With no fewer than eight loan repayment plans available for federal student loans, it’s no wonder selecting a loan repayment plan are so confusing. While it all might seem overwhelming at first, sorting it out really starts one simple question:…
Don’t Fear The Debt!
Lately a new breed of veterinary financial guru has popped up. These folks are screaming from the rooftops that the only way to happiness is to pay off all student debt and do it as quickly as possible. Cancel your…
Student Loans and Marriage – A Dangerous Mix!
Engagements are such a joyous time! The romance, the ring, the excitement of telling friends and family and Facebook! Far be it from me to cast a shadow on the whole joyous event, but someone here needs to be the…
loan Forgiveness More Difficult Than Admission to Yale?
Public Service Loan Forgiveness Program There has been a lot of chatter in the press lately about the Public Service Loan Forgiveness (PSLF) Program and how difficult it is to actually qualify. So many people were rejected after 10 years…
Veterinary Medicine Loan Repayment Program (VMLRP)
Today we are talking about the Veterinary Medicine Loan Repayment Program (VMLRP). If you are a recently graduated (or about to graduate) food animal veterinarian who has at least $15,00 of student loans and is willing to practice in an…
Student Debt – A Primer Pt. 2
IRB Plan In my previous treatment of loan repayment plans, I passed over the IRB with out so much as acknowledging it. So here we go – the IRB plan is somewhat confusing because there is the old IBR and…
Student Debt – A Primer Pt. 1
It’s the elephant in the room. According to the AVMA, the average veterinary student graduated in 2016 with $143,757 in student loans and if you exclude those with no debt the number goes up to $167,534. More than 20% of…
