Medical students incur huge debt to finance their education.
Under current law, many student loan borrowers do not qualify for the tax deduction of the interest paid on these student loans. Student loan debt is a tremendous hardship, especially during the years a physician is undergoing his or her residency program. Support H.R. 436, which expands the deduction allowed by law. This issue is a high priority for the AMA and its student, resident and young physician members. The AMA will work with Senators Grassley and Baucus to expand S. 152 to mirror H.R. 436, since S. 152 does not go far enough to help most student loan borrowers.