Posts Tagged ‘forgiveness’
The CARES Act: What Veterinarians Need to Know from a Personal Finance Perspective
On March 27, 2020, the record-breaking $2+ trillion stimulus package (CARES Act- Coronavirus Aid, Relief, and Economic Security Act) was signed into law. This is in addition to the Families First Coronavirus Response Act (FFRCA) that was passed earlier in the month. Here are some of the highlights that will help you, the veterinarian, as…
Read MoreWhat Dave Ramsey Got Wrong (and Right) About Vet Med
“Most DVM’s are making between one and a half to two hundred.” As in $150,000 to $200,000. This was in response to a DVM who called into the Dave Ramsey show, looking for advice regarding her student loans that are currently sitting at over $400,000. If you’re at all familiar with Dave Ramsey, you can…
Read MorePlaying with FIRE Documentary Review: A New DVM’s Take on Financial Independence and Her Future
The documentary Playing with FIRE has been playing around the country all summer long. Unfortunately, I haven’t had a chance to see it yet, which has given me a major case of FOMO. Luckily, fellow DVM Rachel Luoma decided to go, and she was kind enough to share her story. Here is her bio: Rachel…
Read MoreRefinancing and Consolidation: Which is Right for Me?
How do mistakes happen? When people get confused. This is especially true when it comes to dealing with student loans. Not only do you have to learn a new language specific to student loans, but you also have a new repayment plan/option that seems to materialize once every few years, complete with confusing acronyms. There…
Read MoreTop 5 Mistakes Made by Veterinarians Using Income-driven Repayment
Is Dave Ramsey Right For You?
Student Loan Forgiveness: Some Thoughts To Consider
PSLF (Public Service Loan Forgiveness) in Veterinary Medicine- Is This An Option For You?
Updated October 2021 I feel like PSLF (Public Service Loan Forgiveness) has been the forgotten loan repayment program on my blog thus far. However, now that we’re getting some news that a small number of borrowers have actually gotten their loans forgiven via PSLF, I thought I would go ahead and highlight this program. What…
Read MoreMy Inevitable Rant About Student Loans
I feel like I’m beating a dead horse when I talk about this subject (am I allowed to use this analogy as a vet???), but I need to talk about student loans. To be quite frank, this student loan issue was a huge catalyst for me starting this blog. I graduated 15 years ago with…
Read MorePaying Off Over $550k in Student Debt: Changing Your Mindset
As someone who promotes the idea of financial independence, the idea can be tougher for those that are coming out of school with an inordinate amount of debt. How can one think about financial independence when repaying your student loans is such an onerous task? This is why I was so intrigued by a recent…
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