Download or read book Summary of Dr. James M. Dahle's The White Coat Investor written by Everest Media and published by Everest Media LLC. This book was released on 2022-03-05T22:59:00Z with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 However, the good life of being a physician is not without its challenges. The Big Squeeze is simply this: it costs more to get the job, the job pays less once you get it, and increasing liability and compliance concerns make the job less pleasant. #2 The student loan may be unsecured like a credit card debt, but it cannot be discharged in bankruptcy except in very limited circumstances. #3 The government will no longer pay the interest on Stafford loans while you are in school. Hardship deferrals are also difficult for residents to qualify for, which means that from the moment you take out a Stafford loan, the interest starts accruing at five, six, or even eight percent per year. #4 The government changed the formula for how student loan rates will be calculated beginning in 2013. The new formula is the 10-year treasury rate plus 3. 6 percent for graduate Stafford loans and the 10-year treasury rate plus 4. 6 percent for PLUS loans.