Medical school loan repayment tips

<p>“My wife is a urogynecologist lucky enough to get through her seven years of residency plus fellowship with “only” $124,000 of student debt. When we discussed how we were going to get rid of this debt, she had always assumed that it was going to take a couple decades to pay off.</p> <p>With our combined income, we certainly could’ve lived like paupers and extinguished her loans rapidly. However, I knew a strategy that involved extreme deprivation after her long years of training could grow old and not be successful.</p> <p>Instead, we targeted a repayment period of fewer than five years instead of 10 years or more. We focused on cutting our spending in three key areas that I typically see trip up physicians more than any others.”</p> <p>Travis Hornsby is a chartered financial analyst.</p> <p>He shares his story and discusses his KevinMD article, “<a href= "https://www.kevinmd.com/2018/06/3-ways-to-cut-years-off-your-medical-school-loan-repayment-period.html">3 ways to cut years off your medical school loan repayment period</a>.”</p> <p><strong>Did you enjoy today’s episode?</strong></p> <p><a href="https://www.kevinmdpodcast.com/rate/" target="_blank" rel="noopener">Rate and review</a> the show so more audiences can find <strong>The Podcast by KevinMD</strong>.</p> <p><a href="https://www.kevinmdpodcast.com/follow/" target="_blank" rel="noopener">Subscribe on your favorite podcast app</a> to get notified when a new episode comes out.</p> <p><strong><a href="https://earnc.me/G5y8Cq" target="_blank" rel= "noopener">Click here to earn 1.0 AMA PRA Category 1 CME</a> for this episode.</strong></p> <p>Also available in <a href= "https://www.kevinmdpodcast.com/p/cme/" target="_blank" rel= "noopener">Category 1 CME bundles</a>.</p> <p><em>Powered by CMEfy - a seamless way for busy clinician learners to discover Internet Point-of-Care Learning opportunities that reward AMA PRA Category 1 Credit(s)<span role="image" aria-label="™">™</span>. <a href="https://about.cmefy.com/cme-info" target="_blank" rel="nofollow noopene