White Paper: Public Service Loan
Forgiveness Boosts Healthcare Retention

Student loan relief as a
Workforce Strategy

Student loan debt is placing increasing pressure on healthcare professionals, affecting both job satisfaction and retention.
This white paper explores how Public Service Loan Forgiveness (PSLF) can help alleviate financial stress and promote long-term workforce stability in public and nonprofit health systems.

Top findings:

Lower Financial Stress: 78% of PSLF articipants report reduced stress - boosting job satisfaction.
Higher Retention: 65% of PSLF enrollees have stayed in their roles for 5+ years, vs 43% of non-participants.
Recruitment Edge: 71% of Job seekers say student loan support, including PSLF, influences career decisions.
Stronger Workforce: PSLF-eligible facilities see 30% lower vacancy rates, improving care continuity.
Access Challenges: Nearly 60% face confusion around eligibility, and 47% report delays in forgiveness.

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White Paper: Public Service Loan Forgiveness Boosts Healthcare Retention

Student loan relief as a Workforce Strategy

Top findings:

White Paper: Public Service Loan
Forgiveness Boosts Healthcare Retention

Student loan relief as a
Workforce Strategy