News in brief Doctors Without Quarters to host student loan best practices webinar for residents Understand the current state of the refinance marketplace and make informed decisions about managing your student loan debt. Nov. 7, 2017Tuesday AOA Staff Contact AOA Staff Facebook Twitter LinkedIn Email Topics money mattersPublic Service Loan Forgiveness Residents interested in navigating the ins and outs of student loan debt can learn more during an upcoming webinar presented by Doctors Without Quarters (DWOQ). The webinar has been designed to help residents understand how to make informed decisions about how best to manage their student loan debt. It will be presented by Jason DiLorenzo, executive director of DWOQ, at 8 p.m. ET / 5 p.m. PT on Nov. 28, and is free to AOA members. “Since the Trump administration has suggested doing away with the Public Service Loan Forgiveness program, there has been unnecessary alarm regarding the availability of the program,” says DiLorenzo, “and private lenders are aggressively marketing the availability of refinancing to lower rates to medical students and physicians at all levels of training and into practice.” The webinar will give you resources to identify and update your action plan as critical components to maximizing savings, says DiLorenzo. Additionally, the webinar will cover newly introduced repayment options that have the potential to reduce the overall cost of your debt. Some of the questions that will be addressed at the webinar include: What repayment plan makes the most sense for me after training? Can I refinance my loans to lower rates? What are the advantages and disadvantages? I applied to refinance my loans in the past, and was declined. What’s the best way to revisit the marketplace? What are the differences between IBR, PAYE, and REPAYE? Do these programs still have value to me as an attending? How can I use my student loan debt as a negotiating tool with potential employers? What are the specific requirements of PSLF, and is this program still a viable option to reduce my debt? What future legislative and program changes should I be aware of? What strategies can I employ to both reduce debt and begin saving at the same time? You can register for the webinar here. If you can’t make the session but would like to learn more about DWOQ’s free and discounted services for AOA members, you can find info here. More personal finance reading: Is a physician mortgage right for you? A short breakdown of loan repayment options for residents More in Newsbriefs TouroCOM opens new school in Great Falls, Montana The new campus is Touro University’s third college of osteopathic medicine and the first nonprofit medical school in Montana. “Operation Nightingale” fraud scheme alert: Bogus nursing credentials sold to thousands of aspiring nurses It was recently discovered that a scheme, nicknamed “Operation Nightingale,” offered aspiring nurses the opportunity to purchase fake nursing degree diplomas and transcripts. Previous articleRoad to residency: Starting the journey to Match day as a second- or third-year Next articleAttention researchers: Apply now to get funding for your osteopathic projects
TouroCOM opens new school in Great Falls, Montana The new campus is Touro University’s third college of osteopathic medicine and the first nonprofit medical school in Montana.
“Operation Nightingale” fraud scheme alert: Bogus nursing credentials sold to thousands of aspiring nurses It was recently discovered that a scheme, nicknamed “Operation Nightingale,” offered aspiring nurses the opportunity to purchase fake nursing degree diplomas and transcripts.