Good news on medical student loans and deferment
The student loan deferment program is intact for now. News can be found on the AMA website here. Basically what this means is that at least for now and until the fall (an unspecified month) of 2008, we will be able to take advantage of the economic hardship deferment. The subsidized student loans will not accrue interest. This is great because over the 4 years…we borrowed in subsidized interest 8.5K x 4 = 34,000 dollars. At an average of 4% (for me) that is 1,360 dollars. For those that borrowed at 6.8%, this is a savings of 2,312 dollars per year.
The other good news is that this may be something that may be remedied again in the future. The US department of education will revisit the issue again next year but for now folks we are safe!
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[…] Check This Out! While looking through the blogosphere we stumbled on an interesting post today. Here’s a quick excerpt: The student loan deferment program is intact for now. News can be found on the AMA website here. Basically what this means is that at least for now and until the fall (an unspecified month) of… [[ This is a content summary only. … […]
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[…] Democracy for Vancouver | Politics of the People had a pretty good blog post. Definitely worth your time. Here is a small excerpt:…fall (an unspecified month) of 2008, we will be able to take advantage of the economic hardship deferment. The subsidized student loans will… […]
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Comment by loan modification Expert
I hope so this will be some relief yet in a case.
Comment by loan modification guy
A medical student has a hard life, if they get help we could have better doctors.
Comment by Mortgage loan modification consultants
By having hard life medical students can get better so that they will cure more people.
Comment by Mortgage loan modification Attorney
What a relief for medical students! Once they graduate they will be able to afford repying this loan.
Comment by Good karosszéria javítás
It is true that on average a starting salary for a med student after graduation is 60 k, but these loans can goa up to 200 thousands dollars which will make repayment difficult.
Comment by yaseen
Good postings
Comment by medical schools sacramento
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its really helpful source
Comment by taheer
There are some chrsitmas offers in medical billing training online
Comment by Steven
Good Postings
Comment by Medical coding training
Very good posting.
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Comment by Mortgage loan modifications
It is great that nowadays students can receive great help in the form of student loans. I wish that there were such abundant opportunities in the 60s.
Comment by Commercial loan modification
Enough serious sums are these!
Comment by tuningbox
Enough serious sums are these!
Comment by Legal Steroids
well worth the read.I found it very informative as I have been researching a lot lately on practical matters such as you talk about…
Comment by Földmunka
Finally good news!