Doctors Without Quarters Strives to Reduce the Burden of Medical School Debt

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Doctors Without Quarters launching advisory services to help members of the medical community reach financial independence.

Doctors Without Quarters was founded with the purpose of helping young medical professionals tackle their debt.

"The student loan marketplace is constantly evolving, and our staff is vigilant about staying on top of the latest trends and data so that we can provide informed, objective advice."

Today’s recently graduated health professionals are facing unprecedented debt levels along with stagnant incomes in their new positions. Doctors Without Quarters (DWOQ) was founded with the purpose of helping young medical professionals tackle their debt.

Medical school graduates begin their residency with an average of over $200,000 in federal student loan debt with an average interest rate that can exceed 7%. DWOQ strives to be an advocate for early-career health professionals by assisting them in the strategic navigation of available student loan repayment and forgiveness programs.

Founded by Jason DiLorenzo and Brandon Barfield, DWOQ focuses on educating health professionals on the management of student debt and the repayment process by offering a variety of educational seminars, loan repayment workshops and individual consultations.

Doctors Without Quarters’ educational seminars are presented by financial professionals with extensive experience in student debt management. Loan repayment workshops presented to hospitals and strategic partners focus on initial strategies for incoming and continuing residents and training exit strategies for graduating residents and fellows. DWOQ’s loan repayment workshops are able to fulfill an institution’s exit counseling requirement while supplementing current financial literacy programming.    

DWOQ offers individual student loan, financial consultations and will soon provide advisory services for those who are looking for a personal, annual review of their loans and finances. These consultations are designed to equip borrowers with the analysis, planning and insight needed to successfully manage loans and related financial matters.

“The student loan marketplace is constantly evolving, and our staff is vigilant about staying on top of the latest trends and data so that we can provide informed, objective advice,” said Jason DiLorenzo, Founder & Executive Director of Doctors Without Quarters.

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Will Ferlis
@docswoquarters
since: 05/2015
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