Hello everyone. Currently, I am attending a community college in Sacramento earning my prereqs. I will then go to UC Davis for another 2 years to finish my degree before I apply to Medical School.
I understand that I may end up not going to Medical School at either of these locations, but for the sake of the argument, let's say it is either one or the other.
UC Davis: The projected cost of Medical School is about 242k.
Since I live here:
-38k for housing.
-17k for food.
-11k for transportation.
-11k for personal.
This comes out to an estimated total of about $135k just for the school itself + any other costs needed to support myself. I would be living with my parents if I stayed in Sacramento. I'd have to own and maintain a car, car insurance, phone bill, etc.
My folks have offered to help me financially, and I have already stopped working and dedicated myself solely to school since May of 2012, when I quit working. Here's the thing: my parents are truckers, which means that for them to support my schooling + their household, they would have to drive a lot. Much more than I would like for them, considering that my mother is not very healthy (possible throat/lung cancer scare going on atm.) and I would not like to see themselves work themselves harder to support me when I can borrow the money.
Which means that the money I save by going to UC Davis is eventually offset by either me borrowing more money, or my parents supporting me.
The cost doesn't go away, and eventually, somewhere else, total cost is going to be pushed back over $200k.
Then when have NYU. Yes, it is more expensive. The estimated cost is $72k per semester, which puts me at about $320k, but here, room and board, personal costs, health insurance, and everything is included. So no "savings" that have to be picked up eventually. I won't need a car or car insurance, huge +.
At first glance I would obviously go to UC Davis, but, I WANT to go to NYU. Call me cliche, but I want to live in NYC. I want to practice there eventually, as well. But most of all, I just want a high rise apartment. Jk.
I plan on specializing, and am considering surgery (cardio or neuro if I can make it 0.o, or trauma. Also considering other surgical fields), anesthesiology, oncology, or radiology. Notice that most of these are more research-based, and from what I hear, NYU > Davis for research.
Not to mention, NYC > Sacramento. I could have more fun there for free than I could here with a $300k salary here.
So the questions for me:
How much of a difference am I looking at for my loan payment between the two schools? Will this difference really hurt me in the long run? I would like to think that after finishing my residency, I'm making enough that a $1,500 - $2,000 difference in loan payment doesn't kill my ability to live well in NYC after I'm done with my training.
Is there anything I am overlooking in my planning? Any hidden costs, expectations, etc.
Any other input would be greatly appreciated. I'm pursuing my career as a surgeon based on input from my friend who has admitted to UC Davis recently, and nothing else. I feel like I'm betting my life to be a doctor, but I'm walking blindly.
UC Davis costs : http://www.ucdmc.ucdavis.edu/medschool/financialaid/cost.html
NYU costs : http://school.med.nyu.edu/admissions/fees-and-financial-aid
I have looked at the other threads regarding these two schools, but I wanted to get more specific.
Thank you in advance.
I understand that I may end up not going to Medical School at either of these locations, but for the sake of the argument, let's say it is either one or the other.
UC Davis: The projected cost of Medical School is about 242k.
Since I live here:
-38k for housing.
-17k for food.
-11k for transportation.
-11k for personal.
This comes out to an estimated total of about $135k just for the school itself + any other costs needed to support myself. I would be living with my parents if I stayed in Sacramento. I'd have to own and maintain a car, car insurance, phone bill, etc.
My folks have offered to help me financially, and I have already stopped working and dedicated myself solely to school since May of 2012, when I quit working. Here's the thing: my parents are truckers, which means that for them to support my schooling + their household, they would have to drive a lot. Much more than I would like for them, considering that my mother is not very healthy (possible throat/lung cancer scare going on atm.) and I would not like to see themselves work themselves harder to support me when I can borrow the money.
Which means that the money I save by going to UC Davis is eventually offset by either me borrowing more money, or my parents supporting me.
The cost doesn't go away, and eventually, somewhere else, total cost is going to be pushed back over $200k.
Then when have NYU. Yes, it is more expensive. The estimated cost is $72k per semester, which puts me at about $320k, but here, room and board, personal costs, health insurance, and everything is included. So no "savings" that have to be picked up eventually. I won't need a car or car insurance, huge +.
At first glance I would obviously go to UC Davis, but, I WANT to go to NYU. Call me cliche, but I want to live in NYC. I want to practice there eventually, as well. But most of all, I just want a high rise apartment. Jk.
I plan on specializing, and am considering surgery (cardio or neuro if I can make it 0.o, or trauma. Also considering other surgical fields), anesthesiology, oncology, or radiology. Notice that most of these are more research-based, and from what I hear, NYU > Davis for research.
Not to mention, NYC > Sacramento. I could have more fun there for free than I could here with a $300k salary here.
So the questions for me:
How much of a difference am I looking at for my loan payment between the two schools? Will this difference really hurt me in the long run? I would like to think that after finishing my residency, I'm making enough that a $1,500 - $2,000 difference in loan payment doesn't kill my ability to live well in NYC after I'm done with my training.
Is there anything I am overlooking in my planning? Any hidden costs, expectations, etc.
Any other input would be greatly appreciated. I'm pursuing my career as a surgeon based on input from my friend who has admitted to UC Davis recently, and nothing else. I feel like I'm betting my life to be a doctor, but I'm walking blindly.
UC Davis costs : http://www.ucdmc.ucdavis.edu/medschool/financialaid/cost.html
NYU costs : http://school.med.nyu.edu/admissions/fees-and-financial-aid
I have looked at the other threads regarding these two schools, but I wanted to get more specific.
Thank you in advance.
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