New Doctor Loan Program

Bank of America is committing $5 million to help relieve a shortage of primary care doctors in Massachusetts.

The money will be used to forgive up to $75,000 in loans for 54 doctors who agree to work at community health centers for 2 years. Whittier Street Health Center Director Kamau Karanja says the grants will help him recruit minority and low income physicians who typically graduate more than a $100,000 in debt.

Community health centers anticipate needing 100 new physicians over the next few years as more of the state's uninsured sign up for health coverage.

This program aired on March 9, 2007. The audio for this program is not available.


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