Chiropractor Student Loan Repayment
The repayment plan you choose for your student loans can either cost you hundreds of thousands of dollars or save you hundreds of thousands of dollars. Choose wisely.
Chiropractor Student Loan Repayment
The repayment plan you choose for your student loans can either cost you hundreds of thousands of dollars or save you hundreds of thousands of dollars. Choose wisely.
Chiropractor business owners have the opportunity to save MASSIVE amounts on their student loans
If you live in one of the following states, you DO NOT need a Chiropractor license to own a practice: AL, AK, AZ, CT, DE, GA, ID, IN, IA, LA, ME, MA, , MS, MO, MT, NE, NV, NH, NM, ND, OH, OK, SC, TX, UT, VA, WI. This information could save you tens – if not hundreds – of thousands of dollars on your student loan repayment plan.
Watch the video to learn more!
What’s the best way to handle $200k+ in student loan debt as a Chiropractor?
It’s important to focus on building a cost-efficient repayment plan. Cost-efficiency is the relationship between monthly payments and long-term cost. If there’s a plan/strategy that minimizes both of these costs, that’ll be your most cost-efficient repayment option.
The question is, what is most cost-efficient repayment option for you?
Is it Income-Driven Repayment? Is it refinancing into a private loan? Is it one of the standard federal repayment options? This is what Varela Financial helps you figure out.
Watch the video to learn more!
Case Studies
State-sponsored repayment programs
Pennsylvania
District of Columbia
Florida
Louisiana
Maine
Maryland
Massachusetts
Minnesota
Montana
Nebraska (two programs)
New Hampshire
New Mexico
New York
North Carolina
Ohio
Oregon
Texas
Vermont
Mississippi
Virginia
Illinois
Indiana
Kansas
Let Varela Financial take the stress, anxiety, and confusion off your plate!
Frequently Asked questions
Nope. There are four Income-Driven Repayment plans that involve loan forgiveness: IBR09, PAYE, REPAYE, IBR2014. PSLF is basically an “add on” to any of these options.
All Federal Direct Loans qualify for loan forgiveness on Income-Driven Repayment. The Federal Direct Loans are Grad Plus Loans and Stafford Loans
Nope! There is no income qualification for IDR. You could make over amillion dollars a year and be on an IDR plan – but you probably wouldn’t want to.
It depends. Every case is different. Generally, you’d want to investigate this option if/when your monthly payments on a private loan would be lower than your payments on any of the federal repayment plans.
We use a 3-Step Process with our clients. The first step is our Approach Phone Call. The second step is our Student Loan Repayment Consultation. The third step is the Solution Meeting.
We offer a variety of financial services: student loan repayment services, wealth accumulation, insurance planning, and tax planning. Our goal is to have all the necessary financial services you need in one place. That way you have one TEAM of advisors that are all on the same page, rather than 4 different advisors telling you 4 different things.