Medical School Student Loan Repayment Plans EXPLAINED (P1)

Navigating Student Loans for Medical Residents: Dr. Stephanie Moss Interviews Dr. Jonah Moss In this episode, Dr. Stephanie Moss hosts an in-depth discussion with her husband, Dr. Jonah Moss, an intern transitioning to his second-year residency in neurology. They delve into the intricacies of managing student loans during medical residency. Dr. Jonah Moss shares his personal experiences and provides insights into various student loan repayment options such as the Federal government's SAVE income-driven repayment plan, the benefits of consolidating loans, and the nuances of refinancing. The episode also covers the implications of filing taxes separately, and the importance of timing when consolidating loans. Their advice is especially targeted at medical residents navigating the complex world of student debt while transitioning into their careers. Workbook: https://medpsycmoss.com/store/p_3287196/medical-school-workbook Let’s Connect: @medpsycmoss Instagram: https://www.instagram.com/medpsycmoss/ Twitter/X: ⁠⁠⁠https://twitter.com/medpsymoss⁠⁠⁠  TikTok: https://www.tiktok.com/@medpsycmoss?_t=8kS9kVfKjUc&_r=1 Visit website at https://medpsycmoss.com transcripts, blog posts, and resources  Listen to Podcast “Life as a Patient-Doctor: Youtube: https://youtube.com/playlist?list=PLUfheMZYKjA8xJN3_tzjvvCWGn8HKh_Rt&si=erIIirgQyAsEkBR4  Spotify: https://open.spotify.com/show/685WDhQHXulbCmh2siIOp3 Apple: https://podcasts.apple.com/us/podcast/life-as-a-patient-doctor/id1719637283 Email: [email protected] Editors: Dr. Moss & Tamryn Hall, MS4  ***This episode is for educational purposes only and is not intended nor implied to be a substitute for professional medical/financial advice, diagnosis or treatment. All opinions voiced are the opinions of the speakers and not reflective of any institution. Please follow up with your health provider and therapist for any additional questions or support.***  Chapters: 0:00 Sneak Peak 01:38 Introduction and Guest Welcome 01:41 Meet Dr. Jonah Moss 02:42 Understanding Medical School Debt 04:12 Loan Repayment Basics 08:24 Consolidation vs. Refinancing 11:58 Public vs Private Rates 15:23 How to pay little or nothing 17:43 Income-Driven Repayment Plans 20:52 Options After Residency 22:03 Will this go away? 23:23 Impact of Income 25:05 File Together or Seperate? 28:44 Can you Switch Programs? 31:55 Sneak Peak of Part 2: PSLF 34:54 Filing Status and Loan Repayment 37:36 Final Thoughts and Resources 38:24 IMPORTANT: Consolidation Timing and Forbearance