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Psychiatry residents need relief from student loan interest
With President Biden considering the use of his executive authority to forgive a portion of student loan debt, Congress needs to enact long-term solutions to ensure borrowers do not continue to be burdened with insurmountable student debt levels. The “Resident Education Deferred Interest (REDI) Act” (S 3658/HR 4122) is bipartisan legislation that, if passed, will allow borrowers to qualify for interest-free deferment on their student loans while serving in a medical or dental internship or residency program. Urge your federal representatives to support this important legislation today!
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