Loan forgiveness isn't that great of a deal, because the IRS treats it as taxable income. So if you are making $200k a year, and you get a $200k loan forgiven,

Loan forgiveness isn't that great of a deal, because the IRS treats it as taxable income. So if you are making $200k a year, and you get a $200k loan forgiven, you will have a massive tax burden. Plus, loan forgiveness is only after ten years of payments. Doctors will probably not have much money remaining on their loans, unless they spent ten years working for Doctors without Borders or something similar. If you pay back your student loans at the standard rate you will have repaid them after 10 years.