THE NEXTDDS Blog

[Webinar] Three Simple Steps for Managing Student Loan Debt

Posted by THE NEXTDDS on Wed, Nov 08, 2017 @ 10:45 AM

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One of the biggest concerns from dental students is getting out from under their student loan debt burden when they finish school. Many people already have previous schooling debt from their undergraduate programs and are looking for recommendations. The good news is that there are various resources and best practices available that can make a big difference for virtually every student.

Financial wellness is essential for students transitioning from dental school into the profession. While education loan debt is a fact of life for most new dentists, careful planning enables one to limit risks and to repay or refinance existing school loans. There are important steps students must take now and post-graduation to protect their livelihood and to maximize their future earning potential.

The following subjects will be addressed within this virtual training event:

  • Understanding repayment options (e.g., loan consolidation, refinancing, federal or state-based repayment programs, income-driven repayment plans)
  • Managing debt and compounding interest
  • Pros and cons of loan consolidation
  • The importance of timeliness and documentation
  • Understanding the implications of deferments and forbearances
  • Modeling one’s self on the characteristics of financially independent dentists
  • Pending legislation that may impact borrowers
  • Understanding the ADMI compensation package and its impact on educational debt

Save your seat now for our November 15th webinar happening at 9pm Eastern!

Register Now

Tags: debt, student loan, dental school, webinar, student loan debt

Maximize Your Earning Potential: Paying Off Your Student Loan Debt [Webinar]

Posted by THE NEXTDDS on Sat, Feb 25, 2017 @ 02:00 PM

Are you starting to worry about how you're going to pay for your dental school education? One of the biggest concerns that we hear consistently from dental students is getting out from under their debt burden when they finish school.

Many people already have previous schooling debt from their undergraduate programs and are looking for recommendations for reducing the burden of dental student loan debt. The good news is that there are plenty of small adjustments that dental students can make to reassess how they manage their student loan debt.

Financial wellness is an important goal as you transition from dental school into the dental profession. Loan debt can be a strong hindrance, but there are many ways to manage it. You can take certain steps both now and post-graduation to understand your overall credit health and to maximize your earning potential.

In this recent NEXTDDS webinar, students learned many of these key points including:

  • Recommendations for protecting your credit / credit health as a dental student
  • Understanding debt and compounding interest
  • Reviewing available repayment options
  • Differentiating between the “big 3”: educational debt, practice acquisition debt, and home ownership debt

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Click the picture above or click here to watch the webinar on Youtube.

Tags: debt, student loan, earning, webinar, student loan debt

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