Hearing: The Doctor is Out. Rising Student Loan Debt and the Decline of the Small Medical Practice

Committee on Small Business

Wednesday, June 12, 2019 (11:30 AM)

2360 RHOB
Washington, D.C.
Student loan debt is now a $1.49 trillion issue that continues to break records quarter after quarter. Not only has it forced many younger and older Americans to reevaluate careers paths but has also hampered small business formation and expansion. Among medical professionals, it has hindered opportunities for sole or private practice, while limiting or influencing the specialty many medical professionals are able to choose from. Members will hear testimony about the cause of the staggering growth in student loan debt, why medical professionals are more likely to have higher debt levels, and the impact it has on specialization and private practice decisions. Additionally, the hearing will examine what legislative solutions or ideas are available to reduce student loan debt and increase the number of sole practices in the health care field, particularly in rural areas.

Witnesses

Ms. Sandra Norby, PT, DPT
CEO, HomeTown Physical Therapy, LLC, Des Moines, IA, on behalf of American Physical Therapy Association and the Private Practice Section of the American Physical Therapy Association

  • Witness Statement [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Truth in Testimony [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Biography [PDF] Added 06/12/2019 at 03:23 PM

Dr. Lauren Wiese
Orthodontic Resident, University of Maryland School of Dentistry, Baltimore, MD, on behalf of American Association of Orthodontics

  • Witness Statement [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Truth in Testimony [PDF] Added 06/12/2019 at 03:23 PM

Dr. Tracey Henry MD, MPH, MS, FACP
Assistant Professor of Medicine, Emory University School of Medicine Assistant Health Director, Grady Primary Care Center, Atlanta, GA, on behalf of the American College of Physicians

Added 06/12/2019 at 03:23 PM
  • Witness Statement [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Truth in Testimony [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Biography [PDF] Added 06/12/2019 at 03:23 PM

Mr. Jason Delisle
Resident Fellow, American Enterprise Institute, Washington, DC, on behalf of American Enterprise Institute

  • Witness Statement [PDF] Added 06/12/2019 at 03:23 PM
  • Witness Truth in Testimony [PDF] Added 06/12/2019 at 03:23 PM

Hearing Record

  • Hearing Notice [PDF]
  • Hearing: Witness List [PDF]

First Published: June 5, 2019 at 11:26 AM
Last Updated: June 12, 2019 at 03:23 PM