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Docs Outside The Box

Quick-Fire Questions with The White Coat Investor | Real Estate, Careers, Student Loans & More! #458 Part 4

Docs Outside The Box

Dr. Nii Darko

Career, Education, Doctor, Medicine, Careers, Job, Business, Health & Fitness, Finance, Investing, Premed, Black, Money, Lifestyle, Mindset

4.9516 Ratings

🗓️ 22 April 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show! Join us for a Q&A session with Dr. Jim Dahle, the founder of The White Coat Investor. We asked him questions on various topics like, whether doctors are white collar or blue collar workers, PSLF, Locums and real estate investment timing. FREE DOWNLOAD - 7 Considerations Before Starting Locum Tenens - https://darkos.lpages.co/7-considerations-before-locums LINKS MENTIONED Article on “Mos...

Transcript

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0:00.0

There's proposals to possibly end PSLF, possibly proposals to put caps on loan forgiveness.

0:05.3

Man, what a time.

0:06.3

You have no idea.

0:07.7

This changes like literally weekly.

0:10.0

When your, you know, podcast goes live, it might be out of date by then.

0:14.3

But anyway, here's the deal with PSLF, right?

0:17.4

I would act as though it's going to happen as if it's going to work because it does work.

0:22.4

You know, lots and lots and lots and lots of doctors have had $200, $300,000, $400,000 for given via PSLF.

0:28.1

It's in your promissory note. You have a contract with the government for PSLF.

0:32.4

I think anybody already in the program is going to be grandfathered in to any changes that take place. So I would not

0:39.3

panic and bail out of PSLF because people talk about it going away. It has not gone away.

0:44.8

Assuming that is your student loan plan, I would stick with it until 100% for sure it's gone.

0:51.4

I got a question for you. It might be rhetorical, but being a doctor, blue collar or white collar?

1:00.2

Like, as a job, what is it?

1:03.2

I think it's clearly white collar.

1:04.9

I mean, you don't spend a decade learning to do something and training to do something

1:09.0

and, you know, eight years in school and then call it a

1:11.6

blue-collar job. I think that's a bit of a stretch. I think it's a white-collar job. It's a

1:16.4

professional job. Now let me ask you this. While we may think it's a white-collar job,

1:21.5

what do you think administrators have? Oh, yeah. We are labor for the administrators. There's no doubt about that. And here's

1:31.3

what they are maybe hopefully slowly learning. If you treat docs like labor, they start acting like

1:36.8

labor. This is, I say that all the time. I was waiting for you to finish your part. And then

...

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