New Jersey looking at forgiving medical school loans
New doctors in New Jersey could have their medical school loans forgiven if they practice in low-income communities for a decade.
The state Assembly's higher education committee unanimously advanced the measure on Monday.
Under the proposal, a physician would have to commit to working in a clinic in an area under-served by doctors, including working full-time in clinical care for four years.
The doctor would also have to live in New Jersey to qualify.
Some advocates say the program could help reduce a shortage of physicians in the state.
The bill would also provide $2 million to get the program started.
The bill now heads to the Assembly budget committee. It has not been taken up by the state Senate.
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