Title: Crushing Student Loan Debt as a Doctor Tagline: Crushing Student Loan Debt as a Doctor: How Tenure Impacts Loan Forgiveness and Retirement Savings Problem: Dr. Anya Sharma, a 35-year-old physician with $280,000 in student loan debt and an aggressive retirement savings plan, is considering a job offer from a prestigious private practice. The offer includes a higher starting salary than her current hospital position, but the hospital offers Public Service Loan Forgiveness (PSLF) after 10 years of qualifying employment. Anya needs to understand how the different tenure policies at each employer will impact her eligibility for PSLF and the long-term implications for her retirement nest egg, especially considering the tax implications of loan forgiveness vs. continued payments and investment growth. Solution: Using the Employee Tenure Calculator, Anya can accurately project her tenure at each institution. By factoring in the eligibility requirements for PSLF (10 years of qualified employment), she can determine if leaving her current hospital significantly delays or eliminates her access to loan forgiveness. This delay will directly impact how long she continues making loan payments, impacting her ability to maximize her retirement contributions. Understanding her potential tenure also informs her about potential vesting schedules for employer-sponsored retirement plans. ROI: Staying at the hospital and achieving PSLF after 10 years would result in $280,000 of tax-free loan forgiveness. Leaving for the private practice, even with a higher salary, could mean paying off the entire $280,000 plus interest. Using the Tax Equivalent Yield calculator on the forgiven amount shows a tax savings equivalent to earning an additional $14,000-$28,000 per year (depending on her tax bracket) on an investment, assuming a 5-10% rate of return. By using the Employee Tenure Calculator, Anya is equipped to make the best decision, understanding she could gain an additional $28,000 to invest toward her retirement. Description: Calculate the surprising impact of your employer's employee tenure policies on loan forgiveness eligibility and long-term financial planning. Category: Lead Gen