Medical school debt is no small hurdle, and for many physicians, it can feel like it looms over every career decision. In Medscape’s recent article, “Debt Burden for Med Students, But There Are Options,” by journalist Erin Cates, the focus turned to how new doctors can navigate the federal and state programs that can ease this burden.
Our CEO and Chief Investment Officer, Steven Rogé, weighed in on one of the most impactful programs available: Public Service Loan Forgiveness (PSLF).
“The program is a major lifeline for doctors who work in nonprofit or government-affiliated roles,” Steven said.
PSLF can offer tax-free forgiveness of federal direct loans after 120 qualifying payments for those employed full-time by eligible hospitals, residency programs, and healthcare systems, providing critical financial relief that allows physicians to focus on their careers and patients, not just their debt.
We’re always proud to see Steven’s expertise — particularly in the medical landscape as both an advisor and an Adjunct Clinical Instructor at the New York Institute of Technology College of Osteopathic Medicine — help guide dedicated professionals toward stronger financial futures.
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R.W. Rogé & Company, Inc. is an independent, fee-only financial planning and investment management firm serving clients locally and virtually across the country, with Long Island, New York, and Beverly, Massachusetts office locations. R.W. Rogé & Company, Inc. was founded on a “client first” culture and proudly commits to acting in your best interest as a fiduciary. We have helped clients Plan, Achieve, and Live® the life they want since 1986. To learn more about how we do this, as well as our process, explore our detailed overview of services and approach.