The rising cost of living is becoming a significant concern, and it is an expensive time. Many clinicians have trouble managing their finances because of student loan repayments, less competitive salaries, and unstructured financial management.
In this virtual event, which will happen on December 22, 2022, we are addressing the concerns of our clinicians regarding financial management while discussing the options available for student loan forgiveness programs. Register Now!
Inflation is high, and loan repayments begin on January 1st. How can healthcare workers approach their finances, and what resources are available to support them? Going to college comes with substantial financial expenses, so many families worry about how to pay for college, and the most common solution is a loan! In most situations, the loan must be repaid, but this can be avoided through opportunities such as student loan forgiveness. If, like most medical school graduates, you went into debt to attend school, you could benefit from student loan forgiveness. A healthcare worker's salary, especially early in one's career, makes it difficult to keep up with payments.
Public Service Loan Forgiveness
National Health Service Corps (NHSC) Loan Repayment Programs
State-Specific Programs
Perkins Loan Cancellation
Centers for Disease Control and Prevention (CDC) Epidemic Intelligence Service
National Institutes of Health (NIH) Loan Repayment Programs
Indian Health Service Loan Repayment Program
The vast number of programs that offer student loan forgiveness to healthcare professionals means you have a good chance of reducing your debt or erasing it entirely. Be sure to read the fine print for each initiative and make sure you stay up to date with the government's latest plans for student loan forgiveness. Some of these programs forgive loans, others offer borrowers money through a Loan Repayment Plan (LRP). Regardless of the type of care you provide, you can most likely find a program that will reward you for working in places that especially need your talents. DirectShifts is one such marketplace that appreciates your talent. It is a modern way to find a healthcare job and apply to your dream company. So, what are you waiting for? Get started today!