Recently, there was a post on the Dental Nachos Facebook Group about what schools a young pre-dental student should apply to. You might have seen it. In my opinion, any answer besides the cheapest school with a cap (I put the cap around 300k), is absurd advice to give to a student you know little about, and it perpetuates the problem.
The Rule of 72 is a simple way to estimate how long a particular investment or debt will take to double given a fixed annual rate of return. Some students try to apply this rule to their student loans, but it is not applicable because direct loan interest does not compound. For example, if an
There is a video embedded into this post that may not display correctly if you are reading this via email. If you would like to see the post as it was intended, please visit the blog using a browser. The Patriot Act, a popular show on Netflix, recently highlighted the student loan industry. Unfortunately, there