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Student Loan Planning
A recent AAMC (Association of American Medical Colleges) report found that 25% of medical school graduates have student loans exceeding $200,000. While daunting, there are ways to manage this debt wisely so that it will not be a burden on future earnings, especially for those physicians who are not entering higher-paid specialties.
Scholarships, debt forgiveness, and consolidation are a few of the ways to manage student loans. In addition, decisions must be made as to where to invest extra funds — paying down debt, paying down a mortgage, or saving for retirement?
Enlight Financial can educate you on the various options available and help you make the right decisions in managing your debt.