ED to MED is leading an effort to unify and mobilize a core group of national partners around federal higher education policy issues that affect the future health care workforce. In addition to the 17 organizations that have endorsed our campaign principles, ED to MED welcomes additional allied groups to stand with us in defense of policies that protect patients’ access to health care across the country.
Uniting to Save PSLF and Grad PLUS
The Public Service Loan Forgiveness (PSLF) Program plays a crucial role in incentivizing careers in public service by assisting qualified health professionals and other graduate students as they work to give back to their communities. Grad PLUS loans are federal, Direct PLUS Loans that help graduate and professionals students finance the full cost of their education. In December, the House Education and the Workforce Committee passed the PROSPER Act, Republican legislation that would eliminate PSLF and replace and reduce Grad PLUS loans to limit borrowing for medical and other health professions students.
Sixty-five percent of osteopathic medical students graduating in the 2016-2017 academic year reported their intent to enter the PSLF Program, while 69 percent relied on Grad PLUS.
With our nation’s medical and other health professions students struggling with high debt burdens and our nation grappling with a health care workforce shortage, Congress should not add to the barriers of obtaining a health professions degree, and must support federal student loan programs that encourage and enable students to pursue careers in public service and health care.
Help ED to MED #SavePSLF and #SaveGradPLUS. Visit our initiative webpages and get started today.