"some ~5% of physicians are still paying off their med school debt at 60 years old" I bet that for a lot of these physicians it's because the debt has favorabl

"some ~5% of physicians are still paying off their med school debt at 60 years old" I bet that for a lot of these physicians it's because the debt has favorable terms, not because it's onerous. I expect to be paying off educational debt well into my fifties. I could pay it off right now, but the rate is below 2 percent, so it's advantageous to carry the debt. In particular, if I die the debt is wiped clean...but if I have already paid it back, my heirs won't get that money back. No reason at all to pay off this debt until I have to.