Welcome to our recurring Money Matters segment! Every month, we're sitting down with Joe Reinke, co-founder of FitBUX, to discuss a finance issue relevant to physical therapists. 

This month we're talking the PROSPER Act, or how the government could get rid of loan forgiveness.

The PROSPER Act was introduced in December, and will have to make its way through Congress before June. “PROSPER” stands for Promoting Real Opportunity, Success, and Prosperity through Education Reform, and it’s the new version of the Higher Education Act.

Lost yet?

So were we. So we sat down with Joe Reinke, co-founder of FitBUX, who specializes in student loans to discuss the PROSPER Act. Joe has worked with over 2,000 physical therapists and student physical therapists to help determine the best way to repay the mountain of debt we accrued during school. He’s actually read the PROSPER Act, all 500 pages (but he tells us this is nothing compared to reading the tax code cover to cover).

Our question for Joe was, “What do we need to know about the PROSPER Act? How will this affect me as a physical therapist?”

Talus Media Talks is a subsidiary of Talus Media: PT Views & PT News. You can find physical therapy news on our sister channel, Talus Media News. Check us out on Twitter & Facebook @TalusMedia, and head to our website at talusmedia.org for more information.