
02/19/2025
Student debt for veterinarians has been an important topic of conversation for those considering entering the field and those already in it trying to manage their loans. Currently, several of the programs for repayment with forgiveness are in danger.
We need bright and capable veterinarians in our country. For those pursuing this career and requiring loans, please choose your least expensive option for undergrad and vet school. Apply for scholarships, have a small PT weekend job to help with expenses and work during breaks if possible to help decrease the amount you borrow.
These are challenging times to pursue one’s dream in vet med, but it can be done with careful planning. I have seen new graduates aggressively pay off their loans in under 10 years. Others pursue income driven plans. Each person has a unique set of circumstances so it is best to speak with a financial advisor who specializes in student loans and is staying current with the fast changing rules.
A federal appeals court issued a new ruling on Tuesday that would imperil student loan forgiveness under several popular repayment plans.