There have been some new developments in the resident student loan refinancing market. It used to be all DRB all the time, but now it's Laurel Road vs LinkCapital.
Student loan management is a critical aspect of financial planning for doctors. Most doctors are going to want to refinance their loans at some point, but perhaps not in residency as rates are a little higher and the new REPAYE program is in some ways more attractive.
The new REPAYE program complicated the decision about whether or not to refinance as a resident. The 50% interest subsidy basically lowers your interest rate during residency, and the effective rate might even be lower than you can get from a private company.
Student loans really suck. But starting in 2013 refinancing them became possible again. This competitive marketplace is constantly evolving for your benefit and there are now six companies offering a special deal to WCI readers to refinance their student loans to as low as 1.9% variable, including two that will refinance your loans even while you're still in residency!