Loan Repayment Strategies

Loan Repayment Strategies

Are you taking out loans to help pay for veterinary school? Take the guesswork out of repayment. In these short videos, one of the most respected student debt management experts in the health professions, Paul Garrard, covers everything you need to know about repayment strategies.

Repayment Plans

Start here for a comprehensive introduction to repayment plan options for federal loans, including how payments are applied, time-driven (e.g., standard 10-year) vs. income-driven (e.g., SAVE) plans, interest capitalization, and considerations for switching plans.


Considering an income-driven repayment plan? Here are the key features to know about, including how payments are calculated; the possibility of $0 payments for the first year; considerations for married borrowers; and the newest plan, Saving on a Valuable Education (SAVE), with its highly beneficial interest subsidy.

Choosing an IDR

Are you thinking "IDK" for which IDR plan to choose? Take a look at this handy comparison chart for PAYE (Paye As You Earn), new IBR (Income-Based Repayment), and SAVE—plus suggestions for when each plan might be best.

Public Service Loan Forgiveness

Are you considering or currently working for a government agency or a 501(c)(3) nonprofit? This module is a must-see for the when, where, and how of this highly beneficial loan repayment program designed just for you.

Refinancing and Consolidation

Learn about the pros and cons of federal loan consolidation and private loan refinancing, and whether you might (or might not) be a candidate for either option.