AVERAGE INDEBTEDNESS

[cm7b5]

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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[cm7b5]

OOPS ---- INCLUDE UNDERGRAD LOANS!!

 

[eagle26]

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.

 

[shorrin]

it's sickening and then we all know what happens during residency :wink:

 

[Jessica]

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

 

[cm7b5]

Thanks JESSICA!

 

[Darth Vader]

Good poll, but what is up with your screen name?

 

[cm7b5]

It's a chord progression. (Jazz)

 

[cm7b5]

C'MON LETS GET A LARGER SAMPLE SIZE!

 

[reesie0726]

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

 

[Future_Doc]

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

 

[cm7b5]

I am so shameless....bumping my own poll.....

 

[TommyGunn04]

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

 

[cm7b5]

Shameless bump.....

 

[cm7b5]

BUMP

 

[TommyGunn04]

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

 

[cm7b5]

BUMP

 

[cm7b5]

SO the median seems to be about 130K!

 

[Whisker Barrel Cortex]

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%

 

[cm7b5]

What is with all these people that aren't in debt?

 

[eagle26]

•••quote:•••Originally posted by cm7b5:
•What is with all these people that aren't in debt?•••••That's what I'd like to know, and how do I get a piece of THAT action?

 

[DrMom]

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.

 

[cm7b5]

BUMP

 

[ginseng]

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?

 

[cm7b5]

BUMP

 

[cm7b5]

BUMP

 

[cm7b5]

BUMP

 

[cm7b5]

shameless bump

 

[Papa Smurf]

•••quote:•••Originally posted by cm7b5:
•What is with all these people that aren't in debt?•••••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.

 

[none]

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?

 

[cm7b5]

BRINGIN' BACK THE DEAD!

 

[deva]

•••quote:•••Originally posted by none:
•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?•••••What?! Is that true?

 

[cm7b5]

!

 

[Ceez]

is there a website that lists the average student debt for each medical school?

 

[cm7b5]

USNEWS.COM

 

[cm7b5]

Half of the people have under 125K in debt.