How to Live With St. George’s Med And Vet School Loan Debt

– So you went to St. George’s University and now you have a lot of student debt for vet school or med school. Typically I find that because the costs of going to St. George’s are fairly high, the consequences of making a
mistake are equally as high. Common mistakes include
refinancing when you shouldn’t, not knowing about how
to save for retirement when you have a bunch of student debt. And not planning at all
for the tax consequences of loan forgiveness. If you went to the med school, there’s a good chance
that you could quality for Public Service Loan Forgiveness if you optimize your loans correctly and also maximize your benefits at your hospital for retirement. If you were a veterinarian
and you went there, then you need to make sure
you’re saving the right amount for the tax bomb that could
hit you in 20 to 25 years. And you need to make sure
that you’re not throwing your entire life savings
and your entire earnings in paying back your loans, when the cheaper option might be to go for a 20 to 25
year loan forgiveness. You also want to make sure that you’re on the right repayment plan so you don’t waste thousands
and thousands of dollars doing something that’s just inefficient. St. George’s is expensive. It’s not New York City in Grenada, in terms of living costs. But the school is a for profit which means that the
tuition is very very high and they probably didn’t equip you with the best financial help
when you left and graduated. If you want independent help that can help you come up with a plan for your St. George’s University debt, reach out to me. [email protected] This is my company. I’m passionate about
helping St. George’s grads get out of debt and get a plan to do so while taking into account
their future financial goals. I’d love to make a customized,
one on one solution for you and your family so that you don’t have to
watch student debt just grow and grow and grow without a plan in place. I look forward to hearing from you. Enjoy the article. (peaceful music)

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