Paying Off Medical School Debt: 5 Strategies for Doctors
Paying off medical school debt can be a bitter pill. As a resident, you’re probably not earning enough to make full monthly student loan payments. As an attending physician, you’re…
Teddy Nykiel
Teddy writes about student loans, the FAFSA and managing money after college. Her work has been featured by the Associated Press, USA Today, Chicago Tribune and Reuters. Although she is fortunate to be debt-free herself, she’s about to take on a whole new money challenge: Helping her fiancé repay his medical school debt. Teddy's favorite part of her job is hearing from readers — drop her a line with your story: teddy@nerdwallet.com.
Posts by Teddy Nykiel:
Average Medical School Debt in 2018
Seventy-five percent of medical school students in the class of 2018 graduated with student debt, according to the Association of American Medical Colleges. Among those graduates, the average student loan…
Debt Diary: Paying Down $19K in Student Debt on a Nonprofit Salary
Peter Starkey’s debt repayment approach is like his weight loss method: Buckle down and do it. For the 26-year-old, that means making monthly student loan payments on the standard repayment…
How to Pay Off $100,000+ in Student Loans
Six-figure student debt isn’t the norm. So when you’re facing a student loan balance of $100,000 or more, the standard, 10-year federal repayment plan may not be right for you. Roughly…
PAYE vs. REPAYE for Student Loans: How to Choose
Pay As You Earn (PAYE) and Revised Pay As You Earn (REPAYE) are both federal income-driven repayment plans that extend your student loan term, set payments at 10% of your…
Best Refinance Lenders for Paying Off Student Loans Fast
Some refinance lenders make it easier than others to pay off student loans fast. You can pay off your refinanced student loan early regardless of which lender you choose, because…
Can’t Pay Parent PLUS Loans? 4 Ways to Get Back on Track
You did what you thought was best and took on debt to help fund your child’s college education. But now you can’t pay the parent PLUS loans. It’s a frustrating…
Navient Student Loan Refinancing Review
Navient is a student loan servicer for federal and private student loans. It offers student loan refinancing through its NaviRefi product, which is available to Navient customers by invitation only.…
Debt Diary: Feeling ‘Stretched Thin’ on Over $85,000
Debt Diaries is a series about how student loan borrowers save, spend and pay off debt on a daily basis. Want to share your story? Email debtdiaries@nerdwallet.com for details. Aly…
3 Ways to Lower Your Student Loan Interest Rate
A lower student loan interest rate could reduce your monthly payments or help you become debt-free faster. Here’s how to get a lower interest rate on federal or private student…
