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AVERAGE INDEBTEDNESS

Discussion in 'Pre-Medical - MD' started by cm7b5, May 14, 2002.

  1. cm7b5

    cm7b5 Senior Member
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    After four years of medical school and undergraduate (not including d unsubsidized loan interest, repayment interest, etc) how much will you owe?
     
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  3. cm7b5

    cm7b5 Senior Member
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    OOPS ---- INCLUDE UNDERGRAD LOANS!!
     
  4. eagle26

    eagle26 Senior Member
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    well, since I owe 55,000 from undergraduate and masters, I'll probably owe about 230,000 assuming that I don't get any scholarships or grants.
     
  5. shorrin

    shorrin the ninth doctor
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    it's sickening and then we all know what happens during residency <img border="0" title="" alt="[Wink]" src="wink.gif" />
     
  6. Jessica

    Jessica Senior Member
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    F#m7/D#m7b5 G#7/C#m7/B Bsus2 - if you click on the little pencil above your original post, you can edit out the *not* part about including undergrad stuff :)
     
  7. cm7b5

    cm7b5 Senior Member
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    Thanks JESSICA!
     
  8. Darth Vader

    Darth Vader Membership Revoked
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    Good poll, but what is up with your screen name?
     
  9. cm7b5

    cm7b5 Senior Member
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    It's a chord progression. (Jazz)
     
  10. cm7b5

    cm7b5 Senior Member
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    C'MON LETS GET A LARGER SAMPLE SIZE!
     
  11. reesie0726

    reesie0726 Senior Member
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    It is kind of depressing to think about the level of debt and then interest accrual. I will be way in the hole.
     
  12. Future_Doc

    Future_Doc Senior Member
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    Oops - didn't add undergrad either. Add one more to the over $120k or so range.
     
  13. cm7b5

    cm7b5 Senior Member
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    I am so shameless....bumping my own poll.....
     
  14. TommyGunn04

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    looks like we have a nice bell curve thing going on with the poll results. Interesting...
     
  15. cm7b5

    cm7b5 Senior Member
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    Shameless bump.....
     
  16. cm7b5

    cm7b5 Senior Member
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  17. TommyGunn04

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    WOW, a LOT of people have voted! I'm impressed! And the results are really interesting too. Keep on voting! :)
     
  18. cm7b5

    cm7b5 Senior Member
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  19. cm7b5

    cm7b5 Senior Member
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    SO the median seems to be about 130K!
     
  20. Whisker Barrel Cortex

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    Here are the stats from the AAMC on medical student debt, they seem to be close to this poll:

    Class of 2001 debt:
    Mean all schools: 99,089
    Median all schools: 97,000
    Mean public schools: 86,630
    Median public schools: 86,000
    Mean private schools: 118,546
    Median private schools: 120,000

    Percent at 150K or higher
    All schools: 15%
    Public: 7%
    Private: 35.5%
     
  21. cm7b5

    cm7b5 Senior Member
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    What is with all these people that aren't in debt?
     
  22. eagle26

    eagle26 Senior Member
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    </font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by cm7b5:
    <strong>What is with all these people that aren't in debt?</strong></font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">That's what I'd like to know, and how do I get a piece of THAT action?
     
  23. DrMom

    DrMom Official Mom of SDN
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    Scholarships help. I've done undergrad (private school) and grad school with no debt. I got a full tuition scholarship to med school so *all* I have to cover is living expenses.
     
  24. cm7b5

    cm7b5 Senior Member
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  25. ginseng

    ginseng Member
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    From undergrad, I went to UCLA, I owe about $10,000 and that's because I wanted to live really lavishly for the past four years. Whether I go to UCLA or UCSF, both schools have an average indebtness of $60,000. Not bad huh?
     
  26. cm7b5

    cm7b5 Senior Member
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  27. cm7b5

    cm7b5 Senior Member
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  28. cm7b5

    cm7b5 Senior Member
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  29. cm7b5

    cm7b5 Senior Member
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    shameless bump
     
  30. Papa Smurf

    Papa Smurf Thug 4 Life
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    </font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by cm7b5:
    <strong>What is with all these people that aren't in debt?</strong></font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">It's called having rich parents. I would say that on average, about 10% of medical students have their parents pay for EVERYTHING. It's like being a fully funded md/phd student almost.
     
  31. none

    none 1K Member
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    Oh, I'd say it's much higher than 10%. What is it...like 70% of med students have at least one parent as a physician?
     
  32. cm7b5

    cm7b5 Senior Member
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    BRINGIN' BACK THE DEAD!
     
  33. deva

    deva Senior Member
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    </font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by none:
    <strong>Oh, I'd say it's much higher than 10%. What is it...like 70% of med students have at least one parent as a physician?</strong></font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">What?! Is that true?
     
  34. cm7b5

    cm7b5 Senior Member
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  35. Ceez

    Ceez Senior Member
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    is there a website that lists the average student debt for each medical school?
     
  36. cm7b5

    cm7b5 Senior Member
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    USNEWS.COM
     
  37. cm7b5

    cm7b5 Senior Member
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    Half of the people have under 125K in debt.
     

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