Posts Tagged ‘pslf’
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 More
What 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 More
Refinancing 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 More
Private Practice versus Academia- Looking At the Numbers
This guest post was submitted by The Vetducator, a veterinary professor with more than 20 years’ experience in academia. He has served as a section chief, department chair, director of the internship selection committee, and on numerous faculty search committees. He reads extensively on financial topics, notably the blogs Mr. Money Mustache, White Coat Investor,…Read More
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 More
10 Tips For Veterinarians Paying Back Over $100,000 In Student Debt
(Editor’s note: I am excited to introduce my first guest post, Travis Hornsby of Student Loan Planner! He was inspired to start his business after seeing the difficulties of student loan repayment first-hand with his physician wife. He has been featured on multiple podcasts and blogs, and it is evident that he has a passion…Read More
Should You Treat Your Student Loans Like A Mortgage?
Many moons ago, around this time of year, I graduated from veterinary school. One of my last memories prior to graduation was my exit interview for my student loans. The memories are a little fuzzy now, but what I remember very clearly was the counselor handing me a packet of paper with a bunch of…Read More
Student Loan Repayment Overview
I am honestly shocked and dismayed at how complicated it has become to pay back student loans. Back when I was in school, there were fewer options, which actually made the process easier because you didn’t have to research so many choices. Now, due to the ballooning costs of postsecondary education throughout the country, there…Read More