Ep 213: Could Student Loan Forgiveness Proposal save the NHS?

By Tommy
on May 21, 2024
| Podcasts

This episode explores a proposal for forgiving student loans for medical and healthcare students in the UK, including nurses and physiotherapists, in return for years of service in the NHS. Dr. Syra Asher, a doctor turned accountant, joins the discussion to offer insights into the current state of student loans, including the financial burden they represent, especially for those on longer degree courses like medicine. They discuss the potential impact of the student loan forgiveness proposal by the Nuffield Trust, including its cost implications and possible effects on NHS recruitment and retention. They also analyze the changing landscape of student loans over the years, the specifics of different student loan plans, and the strategies for managing or minimizing student loan debt. Finally, the episode considers the broader implications of the proposal on social equity and the future of the NHS workforce.

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About the author

Tommy

Dr Tommy Perkins is a GP Partner in Bognor on the South coast of England. He is passionate about providing the financial education that GPs need which is why he co-founded Medics’ Money with Ed. In his spare time he enjoys surfing with his young family. Dr Tommy Perkins BSc (Hons) MBChB MRCGP PGDipClinDerm

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Ep 213: Could Student Loan Forgiveness Proposal save the NHS?

About the author

Tommy

What medical school didn’t teach us about money

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