PeopleJoy’s Post

Curious if you’re eligible for the Public Student Loan Forgiveness (PSLF) program? Here’s a quick checklist to get you started: ✔️ Start planning early, apply during residency or training. ✔️Work at a not-for-profit organization for 10 years. ✔️Make monthly payments throughout that time. Most physicians are eligible for PSLF in some capacity. Tune in to hear more valuable insights and tips on navigating the world of student loans and debt forgiveness. 🌟💼💰 https://lnkd.in/gewQ5niv #FinancialLiteracy #DebtForgivenessForPhysicians

While the average loan repayment time is 10 years, for many physicians, it can take even longer due to the amount of interest—a $200K medical student loan can double in a decade. Locum tenens can help you decrease the amount of interest you pay by paying off debt faster. #hayeslocums #locumtenens #faqfriday

Ever wondered what debt relief benefits look like? They look like a kaleidoscope of good... Dozens of student loans paid off EARLY. Years and years and years of monthly loan payments erased. Tens of thousands of dollars saved by employees. Student loans out of 'collections' Employees out of Repayment Assistance Debt relief benefits look like employees having better financial and mental health. Ask your #benefitsconsultant / #advisor how to add #debtrelief to your #financialwellness offerings.

"Financial advice or coaching and student loan repayment assistance can be particularly meaningful to BIPOC communities and people with disabilities." Building and Designing for DEI: Creating Employee Benefits That Work for All https://hubs.ly/Q02sW2By0 #financialadvise #studentloanrepayment #DEI #employeebenefits

Private student loan borrowers may be eligible for compensation because of alleged servicing failures. According to a Forbes article, "Borrowers may be entitled to compensation... which would come in the form of $200 payments for individuals 'who did not receive timely responses to exception requests.' Borrowers may also receive additional relief, including refunds for payments made or reimbursements for fees." To get advice on your student loans, contact FCAA. Our non-profit member agencies can help. #StudentLoans #StudentLoanCounseling #FCAACanHelp

🤔 Want to learn about a low-cost employee benefits program option that can boost retention? On Monday, April 15 at 12 PM, join TruePlan and the National Student Debt Forgiveness Center for the webinar: How Student Loan Debt Forgiveness Counseling Can Help Attract and Retain Employees. We’ll cover 4 essential topics, including: 1. How student loan debt impacts employees. 2. What solutions are available for employers to improve financial well-being. 3. How a student loan forgiveness counseling program works. 4. How TruePlan and NSDFC can support implementation. 🏃 Save your seat now. https://loom.ly/z6-20yA #TruePlan #EmployeeBenefits #EmployerTips #HumanResources #StudentLoanRepayment

💡 Did you know most physicians qualify for loan forgiveness? The PSLF program helps physicians working at not-for-profit organizations for at least 10 years. With these requirements, timing and planning ahead is key to your success. The clock is ticking ⏰ 🔗 Listen now and take the first step towards understanding student loan forgiveness as a physician. Don't let debt hold you back from achieving your career goals! https://lnkd.in/gewQ5niv #PSLF #StudentLoanForgiveness #PhysicianFinance

Often times I reflect back to things I could have done differently in my late teens and early 20s to make my 30s even better. Here a few items I often reflect on: 💳️ Do not rack up credit card debt. Live well within your means. Just because your within the "limit" doesn't make it okay to spend it 💲💰️ Save more money! I am now more frugal when it comes to purchases and buying items on sale when we can. 🚗Drive your car until you absolutely cannot drive it or repairs are becoming more than the value. Save money for a large down payment makes it feel so much better! 👩🏻🎓Pay down those student loans...pay more than the minimum....that interest is a killer!!!! These are values that I am trying to teach my children so they don't end up following in the same steps I did early on. We are in a different place in our lives now but the values still stay true. Save for those emergency's now so when they come up they are just a small inconvenience.

Recent legal challenges are impacting student loans and repayment - tune in to tomorrow's webinar to get up-to-date and what's happening, what you need to know if you're deal with student debt, and what nonprofit employers can do to support their staff burdened with debt. Register: https://bit.ly/46FFtrE

Exciting trends emerging in financial planning for dentists! From student loan repayment strategies to retirement savings options, it's crucial for dental professionals to stay informed. What are your thoughts on the latest developments? Share your insights with #DentalFinance #FinancialPlanning #DentistLife