More new physicians taking advantage of debt forgiveness program
Residency Program Insider, July 22, 2016
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
A survey conducted by the Association of American Medical Colleges found that 25% of physicians who graduated medical school in 2014 intend to enroll in the federal government’s Public Service Loan Forgiveness program. This is up from 10.6% in 2014.
Under the program, enrollees working full-time will have the remaining balance of their student loans forgiven after making 120 monthly payments. A study recently published in the Journal of General Internal Medicine found that recent medical school graduates enrolled in the program will have an average of $131,000 in student debt forgiven.
Source: The Wall Street Journal
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
Related Products
-
Residency Program Alert
Residency program managers in all specialties are challenged to effectively manage their programs as accrediting agencies...
-
Residency Program Insider
Residency Program Connection is devoted to bringing residency directors and coordinators expert advice, best practice...
Most Popular
- Articles
-
- Don't forget the three checks in medication administration
- Five ways to safeguard your patients' valuables
- Note similarities and differences between HCPCS, CPT® codes
- The consequences of an incomplete medical record
- Q&A: Primary, principal, and secondary diagnoses
- Skills of effective case managers
- Reimbursement for Facility and Professional Services in a Provider-Based Department by Gina M. Reese, Esq., RN
- OB services: Coding inside and outside of the package
- Nursing responsibilities for managing pain
- Practice the six rights of medication administration
- E-mailed
-
- Plan of Care Supports Documentation of Homebound Status
- Q/A: Coding infusions to correct low potassium levels
- Neurological checks for head injuries
- Modifiers and medical necessity
- HIPAA Q&A: Cameras in patient rooms
- Follow these tips to properly report bladder catheter codes
- Examine cardboard boxes stored on floor to avoid infection control, life safety citations
- Differentiate between types of wound debridement
- Consider two options for coding Rho(D) immune globulin given in pregnancy
- Complications from immobility by body system
- Searched