For larger or printable view, click Here. Benefits of REPAYE Plan The REPAYE Plan enables 5 million more Direct Loan borrowers to cap their monthly student loan payment amount at 10 percent of monthly discretionary income, without regard to
Title: Doc-to-Doc on Personal Finance & Physician Support Initiative Highlights: Student loan management Public Service Loan Forgiveness Maximize Tax Efficiency/ Investment Return Physician Support Initiative P.S.I. Date & Time: Location: July 6th, 2016 12-1 pm
This is an in-depth discussion about whether to go for Revised Paye As You Earn (REPAYE) or refinance your student loans with private banks like DRB or LinkCapital. Reader wrote: “My current thought is if someone wants to stay and
[This is a guest post by Bo Liu aka Future Proof M.D., who runs http://futureproofmd.com/ He is a colleague in the field of radiology and a comrade in the mission of promoting financial literacy and empowerment among physicians.
Dear MS4 around the world: Congratulations for coming this far! This is your match day/ early medical school graduation present from DWM. This chart will serve you throughout your residency & fellowship. I will continue to update this chart
After writing up my first peer-to-peer presentation on personal finance for PGY’s, I decided to divide the presentation up into 2-3 posts as these slides illustrate important points. Since high interest rate student loan is one of the MAJOR way
I recently met a colleague in the surgical field, who’s in his 4th year of training, with 3 more years to go. His numbers may apply to many at the same level of training. I figure I can take this
If you are quite sure that you will not go for PSLF, why not lower your interest rate TODAY and benefit form the savings now until the day you pay it off? Reasons you decided to turn away from PSLF my
Some of my friends are going for loan forgiveness. They owe 300-400k at graduation, and will probably owe about 450-600k when they finish residency. They opt to let their debt grow with the 7% interest with hopes of have this debt
This series of posts is sparked by an ongoing conversation with my fellow radiology resident Bo Liu (no relation to me) of whitecoatmoney.com Re: student debt management and net worth accumulation. Our discussions cover many bases, so I will address individual key points in separate posts.
5 reasons I manage debt actively instead of hoping for forgiveness in 20 years. Getting forgiveness is a hassle (each year you have to reapply for it. Rules and disclaimers are bound to change.) The projected forgiveness amount is the