when do doctors pay off student loans

Best answer


Under 5 years

People also ask


  • Do doctors have to pay off student loans early?

  • There’s never any penalty for paying off student loans early, and many doctors choose to aggressively repay their medical school debt. According to a 2019 survey from staffing agency Weatherby Healthcare, 35% of doctors paid off their loans in fewer than five years.

  • How long do doctors carry student loan debt?

  • But how long do doctors carry that debt once they鈥檙e done with training? Average medical school loans can be paid off in under 5 years. However, physicians have a number of alternatives for loan repayment. A majority of physicians are pursuing public service loan forgiveness, which takes 10 years but may cost less overall.

  • How long does it take to pay off medical school loans?

  • Average medical school loans can be paid off in under 5 years. However, physicians have a number of alternatives for loan repayment. A majority of physicians are pursuing public service loan forgiveness, which takes 10 years but may cost less overall.

  • How can doctors pay off medical school debt aggressively?

  • Student loan refinancing is likely the best option for doctors paying off medical school debt aggressively. If you can get a lower rate, you could save thousands of dollars in interest over the life of your loan.

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