Biden administration forgives $39 billion in student debt for more than 800,000 borrowers - eviltoast
  • medgremlin@lemmy.sdf.org
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    1 year ago

    The “no interest accrued” bit is huge for the medical community. Newly graduated doctors with hundreds of thousands in loans were getting absolutely ruined by runaway interest while they were in residency on income driven repayment plans. Now, combine the SAVE plan with PSLF, and medical school is suddenly a lot more viable as an endeavor.