Dental schools that give in-state tuition after a year?

[hs2013]

Any dental schools out there that do this?

The more and more I think of the cost of education... the more and more I wonder if I even want to do it. Even though my parents will help me out with most of it, depending on the school I get into, I could be anywhere from 0-200k in debt. I DON'T WANT TO BE 200K IN DEBT....

I would love to be a dentist but I also don't want to be a slave to a loan repayment.

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[Faux]

0-200k isn't half bad considering many students are 300k+ in debt. Some students are even +400k. If you're exactly 200k in debt, thats...
$2,378 a month, if you're on 10 years.
$1,809.5 a month, if you're on 15 years.

Lets say you practice in nyc(one of the worst cases financially)
110k salary is around $5,994.03 net.
120k salary is around $6,464.45 net.
130k salary is around $$6,933.36.

Obviously if you own a practice, you'll earn even more. No one says you can't put student loans at 20 years, put more savings for a practice and in turn, pay down your student loans even faster once your income starts rolling in. A practice costs money, it could be as low as 200k, all the way up to million( I see many posts about people buying 400-500k range). The cheaper the school, the better the investment and the faster you can enjoy your earnings. You can even sign a contract for the NHSC for 2 years and get some upfront money towards your loans. Military offers scholarships as well. But when in the private sector,we're talking 10+ years.

 

[hs2013]

0-200k isn't half bad considering many students are 300k+ in debt. Some students are even +400k. If you're exactly 200k in debt, thats...
$2,378 a month, if you're on 10 years.
$1,809.5 a month, if you're on 15 years.

Lets say you practice in nyc(one of the worst cases financially)
110k salary is around $5,994.03 net.
120k salary is around $6,464.45 net.
130k salary is around $$6,933.36.

Obviously if you own a practice, you'll earn even more. No one says you can't put student loans at 20 years, put more savings for a practice and in turn, pay down your student loans even faster once your income starts rolling in. A practice costs money, it could be as low as 200k, all the way up to million( I see many posts about people buying 400-500k range). The cheaper the school, the better the investment and the faster you can enjoy your earnings. You can even sign a contract for the NHSC for 2 years and get some upfront money towards your loans. Military offers scholarships as well. But when in the private sector,we're talking 10+ years.

Very true, your numbers make me feel much better, and it'd be awesome if I am able to get in my state school and stay at home as I'm certain I would have virtually no debt then but even if that isn't the case I'd be in great position.

 

[Faux]

Theres a spread sheet around here where you can input your numbers, give it a whirl! Or go to a finical planner like I did, I went to two and have my own spread sheets now.

 

[mel5142]

Faux - where did you decide to go or did u yet?

 

[Incis0r]

Any dental schools out there that do this?

The more and more I think of the cost of education... the more and more I wonder if I even want to do it. Even though my parents will help me out with most of it, depending on the school I get into, I could be anywhere from 0-200k in debt. I DON'T WANT TO BE 200K IN DEBT....

I would love to be a dentist but I also don't want to be a slave to a loan repayment.

I've heard that UConn gives you in-state after 1 year.

 

[sjv]

http://forums.studentdoctor.net/threads/schools-and-changing-residency-the-list.1113135/

 

[DentalDoge]

The army can help ya with that COA