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Medical School Debt: Part Three

April 1, 2016 By Dr. Melamed MD MPH Leave a Comment

loan repayment

In parts one and two we discussed your loans, deferment versus forbearance as well as how to find all your student loans and what is consolidation. In part three below we discuss the most common current loan repayment programs available to you and some information on each program. Current Loan Repayment Programs The Federal Government offers a number of repayment programs. Below are the most … [Read more...]

Filed Under: Debt, Medical School, The Business Tagged With: consolidation, ibr, icr, income driven repayment, loan repayment, medical school debt, paye, PSLF, repaye, student loan debt

What is Public Service Loan Forgiveness and Should I Use It?

March 31, 2016 By Dr. Melamed MD MPH Leave a Comment

Public Service Loan Forgiveness

What is Public Service Loan Forgiveness? Public Service Loan Forgiveness (PSLF) is a new loan forgiveness program designed by the Federal Government which forgives loan balances after 120 qualifying payments. The program does have some requirements, of which the most important is the requirement to work at a private or public non profit employer. The other important requirements include: Work … [Read more...]

Filed Under: Debt, Loan Repayment, The Business Tagged With: 501c3, for profit, loan foregiveness, non profit, PSLF, public service loan forgiveness

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