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Financial Tips for Class of 2021

Looking ahead to your final year of medical school, I wanted to give you some financial challenges to take into account now as it relates to your planning for fourth year. First, with Visiting Student Learning Opportunities (VSLO, previously known as VSAS), many of you are contemplating the cost of doing away or International electives. […]

Jose Espada  | Jan 27, 2020
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Are Physicians today Doctors of Debt?

Adapted from an entry in Kevin MD In August, our incoming medical students will receive a clean, crisp, new white coat.  On the front, the

Jose Espada
people listening

Private Student Loan Co-signers Beware: Understand the Risks

In today’s marketplace, many private loans require a co-signer as a safeguard.  Often, the co-signer is a parent or relative.  Rarely is a co-signer a

Jose Espada
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Medical Students, Don’t be a Victim of Consumer Fraud!

With more financial transactions taking place online and technologies designed to capture these transactions from a short distance away, there is more significant risk for

Jose Espada
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A Physician’s Fork in the Road: Student Loan Repayment, Forgiveness, and Refinancing

Recently published in the New England Journal of Medicine Resident 360 under “Managing Medical School Debt”. I work at Indiana University School of Medicine –

Jose Espada
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The Cost of Preparing for the USMLE Step 1

Second year medical students are gearing up for what has been coined the most important test in their medical career.  The USMLE Step 1 is typically

Jose Espada
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Buying a Car as a Medical Student

I am nervous when Dr. Haywood speaks to the medical students at our campus visits about the need to have reliable transportation.  He looks to

Jose Espada
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A financial perspective to Interviewing and relocating to a residency program.

Summer and early fall, reminds me of what is at stake for fourth year medical students.  After three years of hard work, it comes down

Jose Espada
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Should I join the military to pay for medical school?

I read an entry in the “The White Coat Investor” regarding the decision to join the military to pay for medical school.  It was an

Jose Espada
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On 529-Plan Knowledge

I recently sat down with a medical student parent who did not know what a 529 Plan was.  I was struck by this and began

Jose Espada

Questions to Ask a Potential Financial Advisor

What’s your net worth? Financial professionals think nothing of asking clients this specific question. If the tables were turned, though, and prospective clients asked the

Jose Espada