The Optometrist’s Guide To Student Loan Refinancing

Optometrists often accumulate multiple loans from federal and private lenders to fund their doctor education, which results in an average debt load of $220,000. The majority of these loans are federal loans which have an average interest rate of 5.5-6.8%.Then the majority of doctors will end up refinancing their student loans to save thousands of dollars in interest. Here is your comprehensive guide to the student loan refinancing process and understanding how underwriting works.

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16 End-of-Year Financial Checklist For Optometrists in 2023

As 2023 draws to a close, it’s vital for optometrists to focus on financial planning for a stable and prosperous future. This checklist, designed for eye care professionals, will guide you through key year-end financial tasks. While not every item may apply to your practice or personal finances, reviewing each one ensures you don’t miss important opportunities or obligations.

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How To Achieve Over 90% Capture Rate With Optos/Eidon Widefield Script

As practitioners, we understand the importance of retinal imaging, and we need to be able to clearly explain that value to our patients. I’ve found that communication is key with patients — before, during, and after their appointments. This helps to eliminate any questions, and it ensures that they’re not only on board with the…

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2023-2024 IRS limitations for Optometrists

With inflation rising at all time highs, it definitely seem that the IRS is adjusting quite drastically for most of these accounts for 2023! While all of these limits might seem higher, remember that it is mainly keeping up with inflation, which the consumer index is estimated at 8%. in 2022. Please use these important limit to adjust your financial planning for 2023 especially for any retirement plans!

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Overcoming $153,242 Student Loan Debt in Four Years Working in Corporate Optometry

Hello, I’m Dr. Ayana Pierre O.D, and I graduated from NSU in May 2019. I chose the path of corporate optometry and currently practice in Central Florida. Working about 4.5 days a week, I’ve been fortunate to earn a gross income of approximately $250,000 last year. This achievement has been a blessing, providing me with not just financial stability but also the flexibility to manage my schedule effectively.

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October 2023 Market Update for Optometrists: Latest Economic & Financial Trends

The economic landscape is characterized by a steady 3.7% inflation and cautious actions from the Federal Reserve, particularly in managing interest rates to avoid potential economic downturns. While some economic indicators like GDP growth appear robust, there’s a visible undercurrent of economic stress and mixed expert predictions regarding a potential recession in 2024.

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UPDATE: Must-Read Strategies to Tackle Optometry Student Debt

After an enduring three-year period, the final COVID-19 student loan forbearance is drawing to a close on August 30, 2023. Recognizing the natural apprehension that some optometrists might be feeling as this date nears, our team has been working tirelessly to develop strategies to support all our borrowers, especially new graduates stepping into the workforce!

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