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Managing Student Debt

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The Business Basics of Building and Managing a Healthcare Practice

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Abstract

Over 75% of medical students in the USA graduate with debt with an average indebtedness of nearly $200,000. Although debt can appear overwhelming, this chapter will discuss ways to manage student debt including extended and graduated repayment plans in addition to loan forgiveness.

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References

  1. Medical Student Education: debt, costs, and loan repayment fact card. Association of American Medical Colleges, October 2018.

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  2. Kahn MJ, Nelling EF. Estimating the value of medical education: a net present value approach. Teach Learn Med Int J. 2010;22:205–8.

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  3. Youngclaus JA, Koehler PA, Kotlikoff LJ, Wiecha JM. Can medical students afford to choose primary care? An economic analysis of physician debt repayment. Acad Med. 2013;88:16–25.

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  4. Baum NH, Bonds R. The complete business guide for a successful medical practice, Chapter 15. New York: Springer; 2015.

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Author information

Authors and Affiliations

  1. Department of Medicine, Office of Admissions and Student Affairs, Tulane University School of Medicine, New Orleans, LA, USA

    Marc J. Kahn

  2. Office of Financial Aid, Tulane University, New Orleans, LA, USA

    Marissa Lespinasse

Authors
  1. Marc J. Kahn
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  2. Marissa Lespinasse
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Corresponding author

Correspondence to Marc J. Kahn .

Editor information

Editors and Affiliations

  1. Tulane University School of Medicine, New Orleans, LA, USA

    Neil Baum

  2. Tulane University School of Medicine, New Orleans, LA, USA

    Marc J. Kahn

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Kahn, M.J., Lespinasse, M. (2020). Managing Student Debt. In: Baum, N., Kahn, M. (eds) The Business Basics of Building and Managing a Healthcare Practice. Springer, Cham. https://doi.org/10.1007/978-3-030-27776-5_11

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  • DOI: https://doi.org/10.1007/978-3-030-27776-5_11

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-27775-8

  • Online ISBN: 978-3-030-27776-5

  • eBook Packages: MedicineMedicine (R0)

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