12-Year-Old Loan Forgiveness Program for Doctors, Nurses Lacks Awareness: Report 

Published on January 26, 2024

A federal incentive dating back 12 years has brought less than 18,000 doctors and nurses to rural Canada because medical students are largely unaware of the debt forgiveness program, according to a recently released report. The Department of Employment report found that just 17,921 doctors and nurses agreed to practice in under-served rural or remote communities since 2012 in exchange for $172.2 million in loan forgiveness as part of the Canada Student Financial Assistance (CSFA) program. Authors of the report found that a general lack of awareness about the loan forgiveness program impacted application numbers. “Intended beneficiaries learn about the benefits from different sources with word of mouth being the most common source of information,” said the report, first obtained by Blacklock’s Reporter....

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