CLIMBING MT. DEBT - Internship / Residency / Specialty

LEARN HELPFUL LOAN REPAYMENT STRATEGIES FOR YOUR SPECIFIC STUDENT DEBT SITUATION

The pandemic forbearance benefits are ending. Student loan interest started September 1st, and payments resume in October. A number of changes have taken effect already and more are expected next summer, like the updates to REPAYE called SAVE, updates to PSLF and the phase out of PAYE.

ACVIM and VIN Foundation are collaborating on this webinar series for specialists, presented by VIN and VIN Foundation Student Debt Education team members Tony Bartels DVM, MBA, and Rebecca Mears, DVM.

Choosing the right student loan repayment strategy for your situation can save you a ton of time, money, and stress — a concept VIN Foundation calls Repay Wiser.

Climbing Mt. Debt - ACVIM Academicians

1) ACVIM Academicians Webinar Recording

The webinar recording below covers the end of the forbearance benefits, how to do a student loan physical exam, the one-time forgiveness count adjustment, the new SAVE plan, important details about Public Service Loan Forgiveness (PSLF), and how to choose the best repayment plan for your situation. Another benefit of viewing the recording is the questions you asked during the presentation and Tony answered!

2) ACVIM Academicians Prezi

Review the ACVIM Academicians Presentation Materials including clickable links to the resources referenced in the presentation. Think of this as the “slide deck” you can click through and review at your own leisure as a quick summary of the webinar.

CLIMBING MT. DEBT ACADEMICIANS WEBINAR RECORDING

WHAT DOES IT MEAN TO REPAY WISER?

Student loans are often a necessity to pay for your veterinary education, but understanding your debt and how to Repay Wiser will reduce your stress and let you get on with enjoying your career and life.

Using the Repay Wiser strategies veterinarians with student loans can answer the following questions:

What’s the “best” way to repay your student loans?
How much should you pay each month?
How long will you be in repayment?
What should you do if you think you’ll reach loan forgiveness?
How can you reassess your situation annually?

You can see the impact of your student loans, interest, and various repayment scenarios using the VIN Foundation Student Loan Repayment Simulator.

Repay Wiser is part of the VIN Foundation Student Debt Center three part series of helping veterinary colleagues throughout their student loan path. It starts with pre-veterinary students learning how to Apply Smarter to veterinary school, continues for veterinary school students as they learn how to Borrow Better while in school, with the final (and longest) journey along the path helping veterinarians Repay Wiser.

As always the VIN Foundation welcomes questions and feedback on all of the tools and initiatives available.

The helpful three-part student loan series Apply Smarter, Borrow Better and Repay Wiser is part of the VIN Foundation Student Debt Center. The VIN Foundation Student Debt Center is a mobile-friendly comprehensive resource helping veterinary students, veterinarians, and those who support them manage student debt through school and beyond. Explore the VIN Foundation Student Debt Center.