Debt before medical school

[jxc6062]

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So I am currently in private undergrad school and so far I am $20,000 in debt in private loans and $10,000 in federal loans and by the time I graduate this will be $60,000 in private, $$30,000 in federal. I want to attend some type of health related field after undergrad, medical, pharm, podiatry, etc. I know that I won't be making more than 100,000 (if I am lucky) when I get out of residency, and I will have accumulated around 200,000 in student loan debt (worst case). I e don't care if I am paying off my loans for the next 30 years, but will I be able to live comfortably when I get out of residency? I know every doctor struggles in the beginning, but is anyone in a similar situation? Or from anyone's experience, should I pursue this, or is it financial suicide?

 

[klmnop]

So I am currently in private undergrad school and so far I am $20,000 in debt in private loans and $10,000 in federal loans and by the time I graduate this will be $60,000 in private, $$30,000 in federal. I want to attend some type of health related field after undergrad, medical, pharm, podiatry, etc. I know that I won't be making more than 100,000 (if I am lucky) when I get out of residency, and I will have accumulated around 200,000 in student loan debt (worst case). I e don't care if I am paying off my loans for the next 30 years, but will I be able to live comfortably when I get out of residency? I know every doctor struggles in the beginning, but is anyone in a similar situation? Or from anyone's experience, should I pursue this, or is it financial suicide?

60+30=90 and you think after 4 years of med school your debt will only by 110 more?
depending on the loan type, interest either begins immediately or after the degree is attained... its gonna be more like 300 at the end.

lots of people are in this situation. its not enviable but its doable.

your question has a lot to do with what is comfortable to you, where you want to live, what specialty or career you end up with... lots of things to consider. but i would start by choosing a career goal, because without one you will end up with 90k in debt and selling knives door-to-door