Has anyone turned down an acceptance and got in the next cycle?

[basketball_grey]

How much debt did fancy have?

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[fancymylotus]

How much debt did fancy have?

Fancy doesn't share many details of her finances on the public forums.


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[basketball_grey]

What would your advice be Fancy?

 

[fancymylotus]

What would your advice be Fancy?

Regarding what?


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[basketball_grey]

Regarding what?


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On going 500 k in debt for school

 

[fancymylotus]

On going 500 k in debt for school

Evaluate your ROI. It's like anything else. You'll make that money back and more AS LONG AS YOU ARENT A ***** ABOUT MANAGING YOUR FINANCES.

I could go on and on about this for awhile but most new grads I meet have no idea about retirements, Roths, backdoor Roths, diverse investment options, leveraging yourself and your finances properly, etc.



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[schmoob]

Evaluate your ROI. It's like anything else. You'll make that money back and more AS LONG AS YOU ARENT A ***** ABOUT MANAGING YOUR FINANCES.

I could go on and on about this for awhile but most new grads I meet have no idea about retirements, Roths, backdoor Roths, diverse investment options, leveraging yourself and your finances properly, etc.



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Hehe, backdoor....

But seriously, you're right. If you plan on just associating for $130K for the rest for your life, it'll be tough. We just need to be smart!

 

[chill45]

Understood. AADSAS asks if you've been accepted previously/have turned it down, and then if you say yes, it asks you to explain. Do you remember what you said for that? Was it a financial reason?

Thank you for sharing Chill45, this is really valuable information to have.

Yeah I probably put financial reasoning. I tried to get the HPSP that year and had to wait a year before I could do the physical, but if I had gotten it that year I definitely would have went. I got the HPSP the next year so it's all worked out really well for me. But like @NutritionIllinois said the smart decision is to just accept it. I drove 6 hours to talk to the dean of admissions the morning before my deposit was due for lecom and he made me feel more comfortable about reapplying. If I hadn't done that I think I would have just went to lecom.

 

[Scumbag_Steve]

.

 

[Incis0r]

Whether or not you should go to this $400K school truly depends on what your long-term goals are. As several of my colleagues here have stated, it truly is a HUGE amount of debt.

 

[Incis0r]

At the same time, it is NOT insurmountable. It depends on your expectations after graduation from dental school.