Federal Direct Student Loan Program

We send out about $30 billion in Pell Grants.

This is sort of the foundation of the Federal Student Loan Program.

I received a Pell Grant as a first-generation student.

I'm sure millions of your listeners also have, Dom.

That's the date.

If you're not on auto pay by then for your federal student loans, you're leaving money on the table.

Welcome to the Millionaires in Medicine show, where high-achieving medical professionals learn how to build real wealth, reclaim their time, and design a life of freedom without burning out or leaving medicine behind.

I'm Kristen Burton, the founder of Millionaires in Medicine, and I'm a critical care PA that went from $161,000 in student loan debt to millionaire at 31.

We've helped hundreds, if not thousands, of medical professionals learn how to optimize their finances and win with money.

All right, today I have with me the Millionaires in Medicine resident student loan expert, Caitlin Heil, and we are going to talk about the latest and greatest with federal student loans, but most importantly, this new interest rate reduction and if you should be taking advantage of it.

Absolutely.

Thanks so much for having me.