Medics Money podcast cover image

Medics Money podcast

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

May 21, 2024
26:10

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. Cyra 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.

Want to stay up to date with the latest financial information for doctors?

Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney

Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here

https://www.medicsmoney.co.uk/ebook/

Follow us on Twitter

https://twitter.com/medicsmoney

Follow us on Instagram

https://www.instagram.com/medicsmoney

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode