Ep 45. A Practical Guide to Navigating Student Loan Changes in 2026 with Noah O’Dell
Show Summary:
Student loans are entering a major transition period — and as we head toward 2026, the changes ahead could significantly impact PTs, OTs, and other healthcare professionals. In this episode, we break down what’s happening with federal student loans right now, why 2026 is shaping up to be a pivotal year, and what students and clinicians can do today to stay informed and prepared.
This conversation was inspired by a recent announcement suggesting that PT and OT may not be classified as professional degrees, a development that quickly caught the attention of therapy communities nationwide due to its potential implications for student loans. We dive into what this announcement actually means, clear up common concerns, and explain how it could affect future borrowing, repayment options, and program funding.
In today’s episode, we’re joined by Noah O’Dell, founder of the Personal Finance for Physical Therapists platform. Noah helps PTs, OTs, and healthcare professionals take control of their complete financial picture — no matter what their situation looks like. Together, we discuss the Department of Education’s direction heading into 2026, including increased standardization of repayment plans, potential reductions in repayment options, and the growing importance of flexible borrower strategies.
You’ll also learn why PT and OT programs may be especially exposed to potential federal loan caps, how these changes could influence school choice and return on investment, and what alternative paths students may need to consider if borrowing becomes more limited.
This episode is for:
Prospective PT and OT students exploring their options
Current students navigating borrowing decisions
Clinicians managing repayment or forgiveness amid uncertainty
If you’re trying to understand what’s changing with student loans, what’s still uncertain, and how to focus on what you can control, this episode will help you feel more informed, confident, and prepared for what’s ahead.
In today’s show, we’re chatting about:
Noah’s journey into PT and the world of finance
Why 2026 is a pivotal year for student loans
The current direction of federal student loans and what to expect from the Department of Education
The recent “PT and OT isn’t a professional degree” announcement
How potential impacts of federal loan caps
Practical guidance on controlling the controllables whilenavigating uncertainty
Guest Bio:
Noah O’Dell, PT, DPT helps PTs, OTs, and other healthcare professionals take control of their complete financial picture — no matter what their situation looks like. He’s the founder of the Personal Finance for Physical Therapists platform, where he focuses on practical, judgment-free guidance to help clinicians make confident financial decisions.
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