
You may have heard that some borrowers who have careers in the nonprofit
sector after graduation can retire their student loan debt through the Public
Service Loan Forgiveness (PSLF) program after meeting certain eligibility
requirements. This program is designed to encourage borrowers of any discipline
and degree program (including dentistry) to enter and remain in the nonprofit
sector for at least 10 years, with the promise to forgive any remaining federal
student loan debt at that time completely tax-free—meaning the forgiveness
amount is not considered taxable income. PSLF may be of great interest to
health professions students interested in the nonprofit sector, such as the
government and nonprofit community-based health clinics. It also applies to dental
school graduates who enter academic dentistry after they graduate. ...
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