The Resident Education Deferred Interest Act would allow medical students to defer loans interest-free while in residency.
The Resident Education Deferred Interest (REDI) Act, which allows medical and dental residents to defer their student loans interest-free while in residency, was introduced in the Senate on February 16.
The bipartisan bill is supported by the American Association of Orthodontists and American Dental Association and was introduced by Sen. Jacky Rosen, D-Nev., and John Boozman, R-Ark.
The AAO and ADA see the legislation as an essential part of student loan repayment reform. They believe passing it would prevent dental and orthodontic students from accruing additional debt while completing their training.
The ADA and American Student Dental Association will be advocating for this bill during the ADA Dentist and Student Lobby Day on March 20-22 in Washington.
The AAO has also asked its members to send a message to Congress to support the REDI Act’s passage.
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