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El Paso Healthcare Workers Struggle with High Student Loan Debt

KVIA•Saturday, July 18, 2026 at 8:19 AM•Stacker

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AI Summary

A recent survey by SoFi highlights the significant burden of student loan debt among healthcare professionals in El Paso, with over 61% of respondents owing more than $100,000. The survey, which included 229 medical professionals, revealed that nearly half are considering refinancing their loans to lower interest rates, as most are currently facing rates between 5.00% and 7.99%. The financial strain from these debts can impact borrowers for years, affecting their overall financial health. With a majority of respondents lacking previous refinancing experience, there is a potential opportunity for savings if they can secure better rates. This situation underscores the need for awareness and resources for local healthcare professionals managing student loans.

Key Details: • 61% of healthcare professionals surveyed owe over $100,000 in student loans. • Most respondents have interest rates between 5.00% and 7.99%. • 95% of respondents have not refinanced their student loans before. • Consider refinancing options to potentially lower interest rates.

healthcare el-paso financial-health student-loans refinancing

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