Helping Young Physicians Attack Their Debt with Dustin Eldridge of Carter Financial Management

 

A survey of 500 millennial physicians found that 74% had significant debt upon graduation, with 44% owing more than $200,000. Those numbers are huge, but not that surprising, as the national outstanding student debt surpassed $1.5 trillion this year. On today’s Healthcare podcast, we’re going to look at how young physicians can move from debt reduction to asset accumulation and protection.

To help soothe all our financial nightmares, we spoke with Dustin Eldridge, a Certified Financial Planner Practitioner at Carter Financial Management. Eldridge believes the main reason young physicians are struggling with debt is due to lack of information. “I think one thing that’s lacking in almost all institutions, from a college stand point, is an education upon graduation [of] the options that you have to pay this debt back,” Eldridge said. He discussed some thing you probably didn’t know about your debt, how to efficiently and responsibly plan for it, and about some of the systemic issues that fail in provide students with the necessary tools for facing that debt.

For the latest news, videos, and podcasts in the Healthcare Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @HealthMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

Listen Carefully, Respond Creatively
April 12, 2024

In this captivating episode of the Fans First series, Jesse Cole, the mastermind behind the Savannah Bananas, delves into the transformative business philosophy of “listen carefully, respond creatively.” This approach has not only skyrocketed the Savannah Bananas to fame but also serves as a universal blueprint for revolutionizing customer service and engagement across all sectors. […]

Read More
Stacey Childress, Senior Advisor at McKinsey and Company, discusses higher ed
Bold Measures are Needed to Improve Investment in Higher Education
April 12, 2024

The stakes for higher education have never been higher as the educational landscape sees rapid evolution. As universities and colleges grapple with the dual challenges of technological disruption and increasing demands for accessible, quality education, the question of how best to implement investment in higher education becomes a priority. This debate has been ignited […]

Read More
wake up healthy
Hey, it’s 9 am… Wake up Healthy with 9amHealth!
April 12, 2024

Healthcare Rethink host Brian Urban explores ways to wake up healthy and stay healthy with his guest, Dr. Avantika Waring, MD, the Chief Medical Officer, at 9amHealth. This episode delves into the transformative approach to healthcare delivery championed by 9amHealth. Dr. Waring’s journey from a humanities student with a love for French to a […]

Read More
public safety and security
Strengthen Public Safety and Security: Modernize Radio Communication for Better Field Response
April 11, 2024

The importance of radio communication within public safety and security operations remains unbeaten in an era dominated by digital transformation. This medium, essential for over a century, continues to be the lifeline for responders on the front lines. From ensuring the safety of field agents to facilitating real-time critical information flow and enhancing situational […]

Read More