[Skip to Content]
Access to paid content on this site is currently suspended due to excessive activity being detected from your IP address 54.204.247.205. Please contact the publisher to request reinstatement.
[Skip to Content Landing]
Article
July 5, 1985

Medical Education Indebtedness

Author Affiliations

University of Minnesota Minneapolis

JAMA. 1985;254(1):58. doi:10.1001/jama.1985.03360010064024
Abstract

To the Editor.—  As a senior medical student, I am extremely concerned over the decline of low-interest medical student financial aid programming. "Financial instability can threaten the quality of medical education in several ways," as stated by Dr Egan.1 I have found that recent medical school graduates and teaching staff have little comprehension of the cost of a current medical education, much less the current educational loan costs. For their benefit, these programs for medical student loans include the following: (1) PLUS, at a 12% fixed rate: "The repayment of your loan will begin within 30 to 60 days following disbursement of the loan."2 Interest on this loan immediately accrues and is nondeferred; only principal is eligible to be deferred. (2) HEAL, at a variable rate: "Interest shall accrue and be payable at an annual percentage rate which is equal to a variable rate... computed by determining the

×