36 tril of debt and you are worried about forgiveness and inflation…. Trust me the amount of spending on the budget- I think 4 tril- extra this year alone is more than students debt will amount to inflation
Any spending is bad. Country is going downhill. At least balance the budget and start reducing debt to gdp ratio. We can’t keep giving away free stuff or there will be no country left.
Will never happen. We will spend and the govt will monetize the debt. Just keeping it real.
Inflation is a regressive tax that affects the poor the most…
The senate added revisions to the bill. One of which was the limit for loans for professional students was increased from 150k to 200k with an annual limit of 50k. It just passed the senate procedural vote so it has a good chance at passing the senate and being signed into law.
There are so many unknowns when this likely passes. Would private lenders really cover $500k for dental school and another $200k for specialty training? It seems unlikely. But if they somehow did, and borrowers couldn’t just make minimum payments like they can under IDR, the system would likely collapse much faster. With the government loan forgiveness plans, most borrowers live relatively normal lives. Without this, so many people would be struggling. Word would get out quickly. This could not just affect dental schools but non-gme funded dental residency programs as well.
its most likely getting signed into law. This is probably the most unpopular bill I have seen in congress. Genuinely, there is just so many things wrong with this bill and yet people are still oblivious to the matter. Federal student loans aren't perfect but at least you could have done PSLF. No one is gonna sign private student loans and put their family's house as collateral. Private student loans are just gonna bar lower and middle class people in becoming doctors. Everyone knows this is an upper class profession but dang I guess some people don't.
Buddy most of the debt done in the country has been mainly republicans in the past 20 years. If you wanted to reduce the deficit maybe do research on whos actually spending the most and WHY they are spending it. Biden aint my cup of tea but the man spent money on the American rescue act and inflation reduction act to actually help Americans. This bill will be the largest transfer of wealth from normal people to the top one percent. Only capitalism protects is the rich
“lower and middle class people” can sign up for HPSP or NHSC or other programs like it
If your only options are either don't be a doctor or join the military, you are indeed a failed country. We have a healthcare provider shortage as a whole and yet people wanna make it harder financially to do these programs. Nobody wants to join the military and shouldn't be forced to do attend their goals. Not everyone qualifies too for various reasons. Nobody wants to work for a draft dodger like trump or under republicans who keep cutting VA Healthcare. The patients I worked for in the VA hospital rely on it and yet you want me to believe this current administration cares about them?
clinicians.org
It’s called the Uniparty, comrade. If you’re going to just rage about a single “party,” you have no credibility. None.
www.zerohedge.com
@Big Time Hoosier, is that close to the number of zeros in the cost of attendance for dental school at NYU or USC?
Sounds like you want stuff without too much workIf your only options are either don't be a doctor or join the military, you are indeed a failed country. We have a healthcare provider shortage as a whole and yet people wanna make it harder financially to do these programs. Nobody wants to join the military and shouldn't be forced to do attend their goals. Not everyone qualifies too for various reasons. Nobody wants to work for a draft dodger like trump or under republicans who keep cutting VA Healthcare. The patients I worked for in the VA hospital rely on it and yet you want me to believe this current administration cares about them?
As for NHSC, don't act like they aren't trying to defund that too. Y'all don't do any semblance of research and just spout the most ignorant advice ever. Yall need to be called out more. I came here looking for advice on these potential cuts that'll harm me and my friends' future in the world of science and yet you're defending these politicians.
2025 Continuing Resolution Preserves NHSC Funding
The March 2025 Continuing Resolution extends necessary funding for the National Health Service Corps, but falls short of meeting true needs.
Incredibly arrogant statement. You lack humility.
100%. Regardless, it's a step in the right direction. It will accelerate the collapse of these institutions if it doesn't outright shut some down. Now that students can't kick the can with IBR, the collapse will come much much sooner (I hope). If this shuts people out, then it's for the best, because if they can't convince a private lender to fund their education then clearly that education was not financially worth it.
There's no healthcare provider shortage. That's just something that greedy schools tell people to justify their opening and their increasing of class sizes.
And the issue with the "shortage of dentists" is that really there is no shortage. There is just a shortage of dentists who want to live in undesirable rural areas. Adding more dental graduates won't fix that. They made the dental school ECU specifically to add more dentists to rural NC and most of their graduates go to- surprise surprise- the already saturated desirable cities.
The other side of the shortage to care is lack of funds, whether it be outright lack of money in the bank or money being allocated elsewhere (paying insurance premiums instead of going toward care)
To make that generalization that rural areas are undesirable, is just simply not true (as someone who has lived and practiced in a rural area for 25 years now.)
The word "undesirable" is from the POV of dentists. This generalization is actually true from their perspective. I'm not saying this is true in reality for everyone. However, I lived in rural America as a dentist. I see why people don't want to live there. I left and my office had numerous associates before me, most of whom didn't last more than two years because they ALL moved back to the city. My boss still hasn't found my replacement and it's been a while.
Yes, and for a lot of people this inconvenience is true. My town I lived in had two grocery stores and like 4 restaurants. A lot of people are not happy with that. Not saying that isn't superficial, but it is true this is why people don't want to live in these places.
My main dentist started his practice in a rural-suburban area of town, there were still dirt roads when he opened over 25 years ago. He established himself in a growing community that, admittedly, is still lacking in many amenities, yet he built a thriving and well-established practice. He now employs around a dozen and half staff members, not including the numerous specialists who work with him daily. Even someone affiliated with my local dental school regularly comes in to help out.
I feel like people are doing this and these areas get saturated quickly. The example you listed was from 25 years ago. That's a very different time than today.
With HPSP you give your newly acquired dental/medical skills to the military.
I just want to add that PSLF had like a 2% acceptance rate. Completely broken system.
GSO hasn't taken federal loans, all the residents there are paying out of pocket or private.
Woah... that is WILD
Those residents at GSO are locked in at a 12-14% interest rate.
I wonder if these people have an idea of how crappy the job market is for orthodontists.
They will when they work for a chain that wants them to slap brackets on teeth that haven’t been cleaned in a decade
Not going to get better either...
All 3 corp offices (Western Dental, SmileCare and BrightNow) that I had worked for require that the cavity clearance form to be signed the general dentist before I can start putting braces on the patients. If I don’t see this signed form (and it has to be within 6 months), I can’t start ortho tx. And while the patients are in active tx, they are required to bring this signed cavity clearance form in every 6 moths. Without it, I will not see them to tighten their braces. Big corp offices accept all kinds of insurance plans. The charts and the facilities get audited by the insurance companies every year. Therefore, they have to make sure that everything is done correctly….such as proper infection control protocols, weekly pore tests, HIPPA compliance, health hx has to be updated by the patients annually, signed cavity clearance forms every 6 months etc.
This isn't a good thing. The corps just pay a flat daily rate and then cram as many patients as they can and don't hire orthos for many days. It would be better for the ortho to see less patients in a day and get more days of work if they are paid by the day and not a % of production
Yup, this is one of the cons of working for corp, especially for the inexperienced new grad orthos who can’t handle high patient volume due to lack of clinical skills and poor chair time management. According to my assistants who work with these young docs, they take way too much time to work on each patient because they lack the confidence to make sound clinical decisions. For most veteran orthos, seeing 50-60 patients a day is considered a very light work day for them. It’s boring to sit around doing nothing. When I work for the corp, I have to bring my laptop with me to watch the news, youtube clips and read Sdn/orthotown/dental town threads to entertain myself because I have too much free time. I usually have close to 2 hours for lunch and go home 30-45 minutes early because I get things done early. During the golden years of ortho (15-20 years ago), I had to see close to 100 patients a day and the pay wasn’t as high as what I get today.
What? lol.
There are Corps who pay their orthos a flat daily rate PLUS BONUSES. I'm not sure I would have it any other way. I typically see 50-60 patients per day. Anything less is BORING.
