More cash in hand might sound good in the short term, but consider the sacrifice you'll be making over the long-term. Remember, residency and fellowships are only a brief part of your medical career. If you decide now to play the long game when it comes to paying back student loans, you'd be wise to start making those payments now.
It's important to use credit as a tool for wealth management rather than a quick fix to buy now and pay later.
I believe the real reason debt creates stress is because it’s an unfinished project looming in the distance. Sadly, I see so many physicians and dentists, driven by this irrational pressure, unwisely throwing every dollar they have at debt as a way of self-medicating the anxiety. They panic and, because the thoughts about debt have consumed their minds for so long, they believe the only way to mental freedom is to get rid of it as quickly as possible. I propose a different solution.