Abstract: This article guides students and advisors in understanding the impact of the HR1/One Big Beautiful Bill (OBBB) on funding for health professions education. It explains how, beginning July 1, 2026, federal borrowing limits for graduate and professional students will become stricter, with the elimination of Grad PLUS loans and ... Read more
Emil Chuck, PhD
Updated December 15, 2025 by Emil Chuck, PhD
Healthcare News and PolicyNews
Medical educators and health professionals warn that new federal student loan caps in President Donald Trump’s tax cut law could make it more expensive for many people to become doctors and could exacerbate physician shortages ... Read more
Bernard J. Wolfson
Updated November 27, 2025 by Bernard J. Wolfson
Now, for a limited period of time, borrowers may receive credit for past payments made on loans that would otherwise not qualify for Public Service Loan Forgiveness. On Oct. 6, 2021, the U.S. Department of ... Read more
Lee Burnett
Updated June 22, 2022 by Lee Burnett
We never fully understood the effort healthcare professionals put into their services before the COVID-19. These challenging times in the pandemic showcased to us how healthcare professionals make sacrifices – by risking their lives and ... Read more
Samira Valiyeva
Updated June 22, 2022 by Samira Valiyeva
If you are struggling to repay your student loans, you may have several options to choose from. However, it is important to first prioritize your finances before incorporating any of these options, as having a ... Read more
Ernest Atta Adjei
Updated June 22, 2022 by Ernest Atta Adjei
Congratulations to all the new doctors! You are all going to save a lot of lives! You may earn fame and money throughout a successful career in medicine but prioritizing financial management from the beginning ... Read more
Patricia Sanders
Updated August 18, 2022 by Patricia Sanders
Updated October 21, 2021. When most people think of the Student Doctor Network, they think of the SDN Forums, where pre-health and health professional students discuss all aspects of the admission and training processes to ... Read more
Student Doctor Network
Updated June 23, 2022 by Student Doctor Network
You’ve done it. You killed undergrad, conquered the MCAT and finally received a fateful acceptance letter. You’re going to be a doctor. Then it hits you: how much you will owe in medical school debt. The ... Read more
Erin Wildermuth
Updated July 21, 2022 by Erin Wildermuth
Save time and money on your student loans Congratulations, new veterinary doctors! It’s time to celebrate graduation! It’s also the best time to get your student loan repayment plan in motion. If you borrowed ... Read more
Tony Bartels
Updated June 23, 2022 by Tony Bartels
It’s a fact of life: you need money to pay expenses that allow you to live comfortably. When you’re attending school, you may use your financial aid as your “income” and, therefore, you will want ... Read more
AAMC Staff
Updated June 24, 2022 by AAMC Staff
Medical training is a significant investment for both you and your spouse. It’s an investment of time and money so that one day you will have a secure and well-paying lifelong profession. Your financial timeline ... Read more
Amy Rakowczyk
Updated June 24, 2022 by Amy Rakowczyk
Unless you’re one of those people who wins every scholarship you apply for, you’ve likely had to take out student loans to pay for your medical degree. In fact, if you’re like most doctors or ... Read more
Dave Rathmanner
Updated June 25, 2022 by Dave Rathmanner
Young physicians have some of the highest mortgage underwriting decline rates of any professional seeking real estate financing. This should not come as a surprise, as most residents have a negative net worth (typically loans ... Read more
Josh Mettle
Updated June 25, 2022 by Josh Mettle
If you are having difficulty making your federal student loan payments, the worst thing you can do is ignore the problem. Help is available. For many borrowers, payments may be reduced under one of the ... Read more
Institute of Student Loan Advisors
Updated June 26, 2022 by Institute of Student Loan Advisors
You got into medical school! Now how do you pay for it? You already sold a kidney and your grandma disinherited you after your last arrest. What options are left? In this guide, I’ll provide ... Read more
Matt Sutton
Updated June 26, 2022 by Matt Sutton
Updated September 2, 2021. The article was updated to correct minor grammatical errors and to update technical details. Student loan debt is increasing for college graduates every year. But for those who study medicine and health ... Read more
Andrew Josuweit
Updated June 26, 2022 by Andrew Josuweit
While student loans are a necessary financial tool for most of today’s future doctors, the process of repaying them can get complex due to the many types of loans and the accrual of interest. If ... Read more
Maricel Tabalba
Updated June 26, 2022 by Maricel Tabalba
Aside from long hours and lots of studying, the other guarantee in medical school is financial stress. Unless you are fortunate enough to have a spouse whose medical education is paid for and you have ... Read more
Amy Rakowczyk
Updated June 26, 2022 by Amy Rakowczyk
Consider these three questions. First, what is a loan? Second, how is it typically is structured? Third, do you know how much you will be paying back if you borrowed x amount? I always wished ... Read more
Tae Kwan
Updated June 26, 2022 by Tae Kwan