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At least $200K in debt...

Discussion in 'Pre-Medical - MD' started by jsegalBSD, May 14, 2008.

  1. jsegalBSD

    jsegalBSD 7+ Year Member

    Jul 2, 2007
    Well, it's been a few years since anyone has started a thread like this. Has anyone else calculated the cost of interest alone for our unsubsidized loans? Here's a shout out to all those who are planning on attending schools without merit-based scholarships...

    oh man...
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  3. nu2004

    nu2004 5+ Year Member

    Mar 7, 2008
    Los Angecagoveland
    False. Black bear.
  4. PlayMeSomeMusic

    PlayMeSomeMusic Always waiting... Moderator Emeritus 2+ Year Member

    Feb 24, 2007
    There's a loan calculator out there.. Don't remember what website.. and so long as I live like well.. a college student.. during/after residency for a few years I'll be able to pay off loans interest and all.. I'm sure you'll be fine
  5. Dedikated2liftn

    Dedikated2liftn Bodybuilder 5+ Year Member

    Nov 16, 2006
    Yep, that's the big kick in the nuts that comes with this career decision; however, like others have said, if you live modestly during residency, you'll be more than able to pay off your loans (if you're worried about this, the life of most student loans can be extended to 30 years, thereby reducing your monthly payment). Afterall, how many jobs do you know that guarantee a basement salary of ~120K (if you specialize, you could be looking 2x or even 3x that amount)?

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