Do you wish you didn’t have student loans? While they haven’t yet created a time machine that will allow you to go back and not borrow all that money for your degree, there are ways that you can make your debt more manageable. Two of those ways are to either consolidate or refinance your student loans.
If you are part of the 84% of medical students who graduated with student loan debt, the good news is, you’re not alone. But the reality is, the average amount of debt new physicians have as they leave medical school is a staggering $183,000 – though many physicians have larger debt burdens. Often these loans were taken out over multiple years and have multiple servicers (payment processors – which means many bills), making it a challenge to manage your loans and ensure that you are making payments on time.