Shady Henien, a fourth-year medical student at the University of Iowa and the president of the Carver College of Medicine Student Government, met with Gov. Terry Branstad on Tuesday morning to gain his support on Henien’s tuition plan.
“It went awesome,” Henien said. “I showed him the business plan and talked about the return of investing and the benefit the state will get. He asked more questions and was impressed I knew most of the answers and that I had been working for three years on it.”
Henien hopes to create a new loan system — called Invest in a Medical Student’s Tuition Program — for medical students in order to cut financial costs. Private investors would put money in a fund, and all medical students, regardless of their concentration, would be able to apply for the loans similar to Free Application for Federal Student Aid forms.
This would help students pay back their loans with less interest than a bank would offer.
Henien has met with a variety of senators, including U.S. Sen. Chuck Grassely, R-Iowa. He hopes to continue to meet with lawmakerss to gain their support and eventually turn his business plan into a bill for Iowa legislators to vote on around next year.