The American Dental Education Association estimates that the average graduating dental student’s debt was over $247,000 in 2014.
H.R. 649 will allow borrowers, under the federal student loan program, to refinance their existing loans multiple times. If the current interest rates are below the rate they are paying, they can refinance their loans. This would assist new dentists in reducing their overall debt, thereby opening opportunities to practice in areas of need.
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