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Rishi Thaker is a medicine resident.

How to save tens of thousands of dollars on your medical school loans

Rishi Thaker, DO
Finance
June 5, 2019

If you’re planning on applying for Public Service Loan Forgiveness (PSLF) and spending the first ten years of your career in academic medicine or working for 501c(3) employers, this scheme could mean paying off your loans six months sooner, saving you an average of $30,000.

Consolidate your loans with your loan servicer and begin one of the income-driven repayment plans (IBR, RE-PAYE, ICR, or PAYE) immediately, foregoing any deferment or grace …

Read more…

How to save tens of thousands of dollars on your medical school loans

You shouldn’t worry about public service loan forgiveness

Rishi Thaker, DO
Finance
October 31, 2018

Anger. Jealousy. Envy. Frustration. I was feeling all the emotions when NYU announced in August that their incoming and subsequent classes would be tuition-free into perpetuity. One consolation: at least I wasn’t one of the chronologically unfortunate that graduated from the school just months, or a year, before that announcement. For them, the time difference was small, but the difference in loans was vast — one year of tuition costs …

Read more…

You shouldn’t worry about public service loan forgiveness

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