The Media and Student Loans
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
Practice Financing
I live in Southern California, and one of the dental practice brokers in the area is Bette Robin. I have not used, nor do I endorse her services; however, she recently released a podcast and this particular episode with Matt Christie of Bank of America is worth listening to. https://overcast.fm/+P8ASlbHvk Dr. Paul Goodman and other
Reader Questions – What to do with a $1,000,000 Student Loan?
The first wave of subscribers are finishing the 20 emails about student loans. For those of you who are new, when you subscribe to the email campaign, you subscribe to this blog (EmbrasureSpace.org) – if you do not want emails like these, simply click the unsubscribe link at the bottom of this email and you
Public Service Loan Forgiveness for Dentists
There has been a lot of talk about Public Service Loan Forgiveness (PSLF) lately because of an article published by NPR which can be found here: https://www.npr.org/2018/10/17/653853227/the-student-loan-whistleblower?fbclid=IwAR1KygbBZCNeNEQE0geVUIk767XzJeIP3BQW0yNtKKt_LXpZTE_XFRUOgYM A few things: We won’t really get a good feel for how this program shakes out for at least 3-4 more years....
The Macro Problem We All Face with Student Loans
This post takes a broader view. We’ve already established that dental school is too expensive. However, the same is likely true for undergraduate degrees. Aside from one’s ability to get more than 100k from the government with zero credit history and no collateral (that’s why tuition can keep rising); the macro problem for us all
Amortization and Negative Amortization
Amortization of loans refers to the spreading of payments over a defined period of time often referred to as the amortization schedule. Upon graduation, dental students enter a standard repayment plan where their graduate student loans are amortized over a 10 year term. Since most graduates have no income on the day they graduate, it is
How to Find Your First Job as a General Dentist
. As we get closer to graduation, many young doctors will begin seeking employment. This post is intended to help those looking for their first job. If you have any tips for the new grad please leave them in the comments. It’s really
Dental School Costs Too Much
A few days ago, another conversation unfolded in the Dental Nachos Facebook group about the cost of dental school. This is a long post, so here’s the summary: the cost of dental school is outrageously high, and some of us (dentists) are beginning to take notice. When it comes to the cost of dental school
Accrue or Compound
I was interacting with a senior dental student on Facebook a few days ago and it became apparent that some students may not understand the difference between the capitalization of outstanding interest and compounding interest upon graduation. This particular student is going to graduate with approximately $400,000 in federal graduate student loans (all of which are