Carcera’s ‘Debt-Free Dentist’ (DFD) Program
The Problem
As a dentist-owned firm, we have a unique and real-time understanding of the challenges that dentists encounter. Nowadays, dentists are entering the profession with more debt than ever before. The cost of dental education continues to rise each year, leading to significant financial burdens. Student loans, housing mortgages, and practice loans all contribute to making economic mobility difficult for new graduates.
Dental students are inundated with rigorous didactic coursework, pre-clinical lab work, and clinical experiences that keep them occupied. Upon preparing for graduation, young dentists begin to conceptualize the amount of debt they have taken on to actualize their dream career. With over 75% of dentists taking out loans to pay for a dental education and completion of preliminary master’s programs becoming more common, this has become the standard path to becoming a dentist. Studies show that the top four careers with the highest levels of debt are within the dental profession.
Our Solution
The typical way student loan debt is paid off is by chipping away at it over 20 to 30 years, while also paying a mortgage, raising a family, and eventually paying off a practice loan.
Carcera has found a quicker and more sustainable solution that allows dentists to be debt-free within the first four to six years of their career. Our ‘Debt-Free Dentist’ program enables dentists and dental hygienists to repay their student loan debt while earning a sustainable income.
We are revolutionizing the dental profession by alleviating the financial burdens placed on our dental professionals much earlier in their careers. We want to create a mutually beneficial partnership where dental personnel feel valued, heard, and understood.
Contact us to learn more about the Debt-Free Dentist Program.