Health & Medical News

House passes partial forgiveness for medical student loans

March 3rd, 2008    Posted by: Dr. Dobson

Washington — Becoming a doctor isn’t cheap. The average debt for medical school graduates is approximately $140,000, according to the American Medical Association. But the burden could get a little lighter for some medical students under a bill passed last month by the House.

A provision inserted into legislation reauthorizing the federal government’s student loan programs would allow medical specialists with five or more years of graduate medical education to qualify for up to $2,000 in loan forgiveness annually for serving in areas of need. The maximum amount would be $10,000 for five years of service.

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Oklahoma stops repaying medical school loans

December 3rd, 2007    Posted by: Dr. Dobson

Oklahoma will no longer offer a loan repayment program intended to encourage physicians to practice in the state’s rural communities. But health care advocates say it was a small sacrifice because state lawmakers agreed to continue funding three other — much larger — programs that help rural communities attract primary care physicians.

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