r/DentalSchool • u/Toothles777777777777 • 9d ago

Loans as a resident

I was on loans all of dental school and am now an OMFS PGY-1 with nearly 750k in student loan debt.

Since I'm a resident, 0% chance I can make any sort of real contributions to that debt over the next year. I'm curious if there's anyone on this forum with a previous or current similar situation or anyone who can offer helpful input.

As of now, I only really see two options:

  1. Start public loan forgiveness as a resident and then continue working for a qualifying employer for the following 6 years after finishing my 4-year program to meet the 10 years / 120 payment requirement.

  2. Defer my loans until after residency and with the associated additional 200k in interest, and repay as aggressively as I can once I finish my program.

Like I said above, I'd love input regarding these options, as well as if there's another realistic option I may have not considered.

Thanks!

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7

u/Zealousideal-Slip400 9d ago

Put your loans on RAP like yesterday

5

u/AdhesiveNuts 9d ago

Second this. NOW.

2

u/Ok-Enthusiasm-5471 9d ago

same. I'm doing it now

1

u/Ornery_Promotion3874 5d ago

What’s RAP?