One student loan decision in the next few weeks could cost — or save — a physician six figures.
On May 1, 2026, the Department of Education finalized the 134-page rule rewriting federal student loan repayment. Dr. Jimmy Turner goes solo to break down what changed and the moves that protect six figures.
What you’ll learn:
- Why the July 1, 2026 cutoff decide whether you keep IBR at all
- The consolidation trap that can permanently lock residents out of IBR
- The RAP interest subsidy that keeps a $300K balance from ballooning during residency
- The RAP-to-IBR playbook for PSLF: which payments count, and when to switch
- Married or in a community property state? How filing separately changes the math
Resources:
- 💵 Looking for a CPA that does more than just file taxes each year? Check out Gelt, the proactive tax strategy partner that Jimmy personally uses, and receive 10% off the first year through the MMM link.
- 🎓 Residents & Fellows: It’s crucial to get disability insurance before you finish training. Get it from an disability insurance agency with the lowest denial rate for physicians in the industry: Money Meets Medicine Disability Insurance.
- Have private loans? You should refinance those to the interest rate you can find. To do that, check out Juno.
- Need help figuring out your student loan plan? Click here to save $100 on a student loan consult.
- 📘 Not sure where to get started on your financial literacy journey? Download a free copy of Dr. Jimmy Turner’s book: The Physician Philosopher’s Guide to Personal Finance.
