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- Nov 16, 2002
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I have read figures stating that the average debt of medical students is $100,000-$120,000. I don't understand how this is possible if private schools charge $30,000+ for tuition. Tuition alone would cost $120,000, and with the cost of living and interest figured in, $100,000 seems like a low number. Do a lot of people get scholarships or have significant savings? How do they manage to have such "low" debt at private schools?