Income Driven Repayment Plans for Physicians
If there’s one thing most residents have in common, it’s debt. If you are struggling to know how to manage your loans, don’t hesitate to talk to an advisor for some help.
One solution we suggest for starting the process of paying back your debt is switching to an income-driven repayment plan. It’s often difficult for physicians to reach their monthly payments at the beginning of their careers so switching to a plan based off of your income will help you keep interest rates down while making payments that won’t completely drain your bank account.
You can check out this Complete Guide to Income-Driven Repayment Plans for Federal Student Loans for some more information.