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Changes in the Public Service Loan Forgiveness waiver and its impact on physicians

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Changes in the Public Service Loan Forgiveness waiver and its impact on physicians

"The U.S. Department of Education recently announced some major changes to the rules and qualifications around the Public Service Loan Forgiveness (PSLF) Program. Now, for a limited period of time,…
December 15, 2021

Changes in the Public Service Loan Forgiveness waiver and its impact on physicians

“The U.S. Department of Education recently announced some major changes to the rules and qualifications around the Public Service Loan Forgiveness (PSLF) Program. Now, for a limited period of time, borrowers may receive credit for past payments made on loans that would otherwise not qualify for PSLF.

The good news is that public service loan forgiveness is now available to more people. The bad news is that there will be more people waiting in line to have their federal student loans waived.

This issue impacts anyone from medical residents to physicians who are making payments on loans for at least ten years.”

Will Koster is a financial planner.

He shares his story and discusses his KevinMD article, “The Public Service Loan Forgiveness waiver and its impact on physicians.” (https://www.kevinmd.com/blog/2021/10/the-public-service-loan-forgiveness-waiver-and-its-impact-on-physicians.html)

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