Wondering how to turn student loans into a recruitment and retention strategy for your group practice? This episode is for you.
I sat down with Connor Pierce - doctor of physical therapy and certified student loan consultant - to talk all things student loan planning, HRSA loan repayment, and nonprofit student loan forgiveness.
As group practice owners, we're always looking for ways to support our team while growing our business sustainably. And let's be real - student loan planning isn't just about personal finance anymore. It can directly impact your hiring, retention, and overall business strategy.
Connor breaks it all down with practical tips on how to navigate student loan forgiveness for mental health professionals, how HRSA loan repayment programs work, and how nonprofit student loan forgiveness could be the edge you need to attract top talent.
Here's what you'll learn in this episode:
- What most group practice owners don't know about student loan forgiveness for mental health professionals - and how to change that.
- The real difference between HRSA loan repayment and nonprofit student loan forgiveness (and how to know which is right for your practice).
- How opening a nonprofit arm of your practice could unlock student loan forgiveness for mental health professionals - and be a game-changer in hiring.
- The top student loan planning mistakes practice owners make - and how to avoid them.
- How your student loan planning strategy can (and should) be aligned with your business growth goals and tax planning.
Whether you've already paid off your loans or you're still navigating repayment, there's a ton of value in understanding how student loan planning fits into the bigger picture. Especially if you're building a benefits package that stands out in a competitive hiring market.
Tune in to learn how HRSA loan repayment, nonprofit student loan forgiveness, and smart student loan planning can fuel sustainable growth in your group practice.
LINKS:
Need extra support? Join The Exchange, a membership community just for group practice owners.
The Group Practice Exchange Programs + Courses
The Accountability Equation™ Quiz
The Accountability Equation Book
Group Practice Forecasting Support GPT
CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE:
CONNECT WITH CONNOR PIERCE & STUDENT LOAN PLANNER:
SPONSORS:
TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com/r/thegrouppracticeexchange for two free months!
GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!
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