Ditch school debt
Q. Are there programs that offer recent grads loan forgiveness?
The Veterinary Medical Service Act was signed into law in 2003 as a loan repayment program for veterinarians working in underserved urban and rural areas, but there's still no federal funding to support this act. However, some states, such as Pennsylvania, offer a loan forgiveness program for eligible agriculture and veterinary medicine graduates. So check with your state to see whether such a program exists.
As a new grad, you may qualify for total or partial loan forgiveness, says Veterinary Economics Personal Finance Editor Fritz Wood, CPA, CFP, if: