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Coalition thanks legislators for supporting deferred interest for dental, medical residents

Washington — A coalition of 32 stakeholders, including the ADA, are thanking Congress for introducing bipartisan legislation that would allow medical and dental students to defer interest accrual on their federal loans while they are in their residency programs.

The Resident Education Deferred Interest Act, or REDI Act, was introduced March 6 by Dentist/Rep. Brian Babin, R-Texas. Cosponsors included Reps. Paul Gosar, R-Ariz., and Jeff Van Drew, D-N.J., who like Rep. Babin, are also dentists and ADA members.