6 things to consider before refinancing your medical student loans

,

Once you leave the federal student loan system, you can never go back.

Medical students and physicians with student loans will get many offers to refinance their student loans with private financial institutions. But before you decide to refinance, know that once you leave the federal student loan system, you can never go back.

So here are six questions to ask before refinancing your loans.

Michael Foley, CFP, CSLP, is a comprehensive financial advisor at North Star Resource Group. Complementary, no obligation student loan counseling available for medical professionals in training. Contact Michael at Michael.Foley@NorthStarFinancial.com or 480-993-9491.

NORTH STAR CONSULTANTS, INC. - INSURANCE PRODUCTS AND SERVICES. CRI SECURITIES, LLC - SECURITIES AND INVESTMENTS. SECURIAN FINANCIAL SERVICES, INC. – VARIABLE PRODUCTS AND SECURITIES. SECURITIES AND INVESTMENT ADVISORY SERVICES OFFERED THROUGH CRI SECURITIES, LLC AND SECURIAN FINANCIAL SERVICES, INC. MEMBERS FINRA/SIPC. CRI SECURITIES, LLC IS AFFILIATED WITH SECURIAN FINANCIAL SERVICES, INC. AND NORTH STAR RESOURCE GROUP. NORTH STAR CONSULTANTS, INC. IS DOING BUSINESS AS NORTH STAR RESOURCE GROUP AND IS INDEPENDENTLY OWNED AND OPERATED. MICHAEL IS A REGISTERED REPRESENTATIVE AND INVESTMENT ADVISOR REPRESENTATIVE OF CRI SECURITIES, LLC AND SECURIAN FINANCIAL SERVICES, INC. 3598869/DOFU 5-2021