• Please review the updated member agreement. Included is a new statement supporting the scientific method and evidence-based medicine. Claims or statements about disease processes should reference widely accepted scientific resources. Theoretical medical speculation is encouraged as part of the overall scientific process. However, unscientific statements that promote unfounded ideological positions or agendas may be removed.
  • Free admissions webinar for pre-vets! “Apply Smarter” Webinar


10+ Year Member
7+ Year Member
Jan 21, 2006
Attending Physician
Just wondering if any new attendings signed up for PSFL? I see how it makes sense to do it as a resident, but under that program they are telling me that I have to pay close to $3000 each month (IBR) for a $200K
loan on a 150, 000 salary. Whereas Sallie mae is saying that if I want to pay my loan off in 10 y, i have to pay 2K a month. I so don't getthis but the people who I was speaking with were just reading a script.


10+ Year Member
Nov 26, 2005
Resident [Any Field]
Yes it's based on IBR payments in the public sector for 10 years. If you missed your chance while a resident, paying 10 years with an attending's income may not be worth it as your payment will shoot way up based on your income. For me, it would be barely worth it with a 4 year residency and around 160k of debt so I'm just paying as much as I can during residency. Basically, the program really helps those with extended residency/fellowship time and those with very high debt.

In the end, you might not be missing much. The first people to forgiven are around Oct 2017 and once the government realizes they are losing out on that potential money I am skeptical that the program would continue. I would not put all or even the majority of my eggs in this basket. Heck, they already dropped subsidized loans starting next year.
About the Ads