I have a job...How are you students paying for all this?

Discussion in 'Pre-Medical - MD' started by dpark74, Sep 24, 2002.

  1. dpark74

    dpark74 Senior Member

    Joined:
    Aug 29, 2002
    Messages:
    270
    Likes Received:
    0
    How are all of you guys and gals paying for this? I have a good paying job, but most of you are students. I've spent over $1500 (+$900 for a new suit, shoes, etc.) and am holding my head just above water.

    I can only imagine how you guys must be hurting financially.:(
     
  2. Thread continues after this sponsor message. SDN Members do not see this ad.

  3. Resident Alien

    Joined:
    Jul 21, 2001
    Messages:
    1,041
    Likes Received:
    3
    For one, I didnt pay 900$ for a suit! :eek:
     
  4. Serenity07

    Serenity07 Member

    Joined:
    Jun 16, 2002
    Messages:
    56
    Likes Received:
    0
    I have learned the fine art of begging....

    "Hi Uncle Paul, I know we haven't spoken since I was ten, but you know how everyone says we need a doctor in the family?....here's your chance to make that happen..."

    It's worked so far. :clap:
     
  5. snowballz

    snowballz Senior Member

    Joined:
    Apr 29, 2001
    Messages:
    285
    Likes Received:
    1
    I think some are asking parents, but the majority are using credit cards. It's what I plan to do to add to my mountain of debt. :(

    Can we still claim bankruptcy after school to absolve all loan debt?

    And what moron pays $900 for a suit?

    Alicia
     
  6. jennyw17

    jennyw17 Senior Member

    Joined:
    Sep 20, 2002
    Messages:
    152
    Likes Received:
    0
    sorry the bankruptcy thing doesn't get rid of student loan dept anymore. :( I think too many doctors were actually doing that.
     
  7. finney

    finney Member

    Joined:
    Jun 24, 2002
    Messages:
    54
    Likes Received:
    0

    you should read a little closer before calling someone a moron. dpark said he paid $900 for a suit and shoes, etc (which most likely includes the cost of a tie, dress shirt)

    i congratulate you dpark. it costs money to not look like trash.
     
  8. SolidGold

    SolidGold Florida winters are the best!

    Joined:
    Jan 8, 2002
    Messages:
    1,828
    Likes Received:
    2
    Status:
    Attending Physician
    I became a man ***** in order to pay for my applications:D
     
  9. Random Access

    Random Access 1K Member

    Joined:
    Aug 22, 2002
    Messages:
    1,302
    Likes Received:
    0
    Hehe...look at the other suit thread and see how much other people spent... ;)

    -RA
     
  10. SolidGold

    SolidGold Florida winters are the best!

    Joined:
    Jan 8, 2002
    Messages:
    1,828
    Likes Received:
    2
    Status:
    Attending Physician
    Hot damn, $900 for a damn suit. :eek: I got mine for $200 and it is damn nice. I have to know what the difference is between a $900 suit and the suit I have.
     
  11. Random Access

    Random Access 1K Member

    Joined:
    Aug 22, 2002
    Messages:
    1,302
    Likes Received:
    0
    Yeah, they closed that loophole, which never should have existed in the first place. It's ridiculous that you could do that, if you really think about it.

    -RA
     
  12. Ryo-Ohki

    Joined:
    Apr 29, 2002
    Messages:
    3,575
    Likes Received:
    1
    What's wrong with paying $900 for a suit?
     
  13. MD2b06

    MD2b06 Senior Member

    Joined:
    Aug 24, 2002
    Messages:
    395
    Likes Received:
    0
    The difference is about $700. ;)
     
  14. Random Access

    Random Access 1K Member

    Joined:
    Aug 22, 2002
    Messages:
    1,302
    Likes Received:
    0
    There's nothing wrong with it. It's just odd to say that, then ask about how other people are affording this expensive ordeal, and then mention that he's just barely staying above water. It is 60% of the amount spent on the applications and such...
     
  15. woolie

    woolie Intermountain West

    Joined:
    Sep 1, 2002
    Messages:
    470
    Likes Received:
    2
    Alright already about the clothes here, I have some thoughts about the working and going to school thing.

    I tried to really prepare financially before I took the plunge and left my job. I saved every nickel and paid off as much debt as I could and made sure I had a pretty nice closet full of clothes since I wasn't going to be able to buy any more and then I just took student loans and spent all my time studying or working a part-time job. I had paid off about $40 000 in Ugrad loans and was used to being REALLY thrifty in order to do it, so now being a student at a public university I was grateful for the cheaper tuition and I really understood that ever penny I spent I would have to pay back with interest. That was real motivation to be a cheap bastard and I didn't give **** when people made fun of my peanutbutter sandwiches.

    At some point for alot of people it comes down to no money (loans) and being able to study all day or having money (a job) but no time and trying to serve two masters. I can't handle dealing with a "real" job and having to behave etc, as well as my first goal of doing well in my classes. So I just left my job and was a starving bum for 2 years - but happy.

    :love:
     
  16. Thread continues after this sponsor message. SDN Members do not see this ad.

  17. Ryo-Ohki

    Joined:
    Apr 29, 2002
    Messages:
    3,575
    Likes Received:
    1
    I'm refering to Alicia's comment of "what moron pays $900 for a suit"

    Yes, the difference between a $900 suit and a $200 suit is $700. heh
     
  18. Ma!

    Ma! Senior Member

    Joined:
    Sep 17, 2002
    Messages:
    165
    Likes Received:
    0
    what kind of dorkweed makes assumptions about a person's intelligence because they have chosen to afford an certain article of clothing?? Come on snowballs, cut the girl some slack-you DON'T have all the information!
     
  19. PrincessCKNY

    PrincessCKNY Crown Royal Member

    Joined:
    Jan 10, 2002
    Messages:
    425
    Likes Received:
    19
    1. I just got a job as a phlebotomist, so that helps.
    2. Credit cards
    3. Family/begging
    4. Participating in research studies
     
  20. relatively prime

    relatively prime post happy member

    Joined:
    Apr 28, 2002
    Messages:
    2,797
    Likes Received:
    2
    I was a bit shocked by the $900 suit too... mine was less than $300 shoes, hose, and all!! And I thought I wasn't skimping.

    But anyway... to answer the question. I had a job over the summer that paid for ~$1000 of it... my mom covered the rest (she's awesome!)
     
  21. SMW

    SMW Grand Member

    Joined:
    Jul 12, 2001
    Messages:
    3,760
    Likes Received:
    1
    Parents. :love: Thanks, guys! :love:
     
  22. Ma!

    Ma! Senior Member

    Joined:
    Sep 17, 2002
    Messages:
    165
    Likes Received:
    0
    When you get to be a mom (or dad-how can I tell with your names?) you will return the favor and the sweet words in your mouth will be "its my pleasure to do this for you"
     
  23. wolferman

    wolferman Member?

    Joined:
    Jan 17, 2002
    Messages:
    523
    Likes Received:
    2
    Status:
    Resident [Any Field]
    My plan is to max out both of my credit cards and then get a job in the spring semester while I'm only going to class part time. With the money I make spring semester and during the summer, I'll just about break even by the time med school starts. :cool:
     
  24. CU_buffalo

    CU_buffalo Member

    Joined:
    Jun 16, 2002
    Messages:
    45
    Likes Received:
    0
    I currently don't have a credit card so I'm using my parents'. I was fortunate enough to make $20k working my ass off the last two summers and I plan to pay them back once everything is said and done. I just worry about how I'm going to pay for med school if I get in.
     
  25. Jet915

    Jet915 Shi*ter's Rule

    Joined:
    Sep 23, 2002
    Messages:
    556
    Likes Received:
    0
    All I have to say is, thanks mom and dad:)!

    Jetson
     
  26. Sweet Tea

    Sweet Tea Girl Next Door
    Physician

    Joined:
    Mar 28, 2002
    Messages:
    8,676
    Likes Received:
    11
    Status:
    Attending Physician
    i work. i put myself through college w/out any loans, and graduated debt-free but with $12.65 in my checking account. so i've been living at home (thanks mom and dad) while working full-time at UNC and doing babysitting/tutoring/EMS special events on the side. my parents haven't paid for any of my application materials. i'm no longer broke, but i couldn't afford all of this application stuff if i had to pay rent (rent is crazy expensive here).

    btw-- scienceriot and ma!, you guys crack me up! :laugh: :laugh:
     
  27. LoveDoc

    LoveDoc Respect the Rhesus Monkey

    Joined:
    Aug 17, 2002
    Messages:
    555
    Likes Received:
    0
    I spent $750+ to re-take Gchem (after 11 years), $395 to apply to post baccs and master's programs, and still need to take photos and apply to more schools.

    Uhm...I used my credit card to pay and withdrew from my money market to pay the credit card company.

    Oh did I mention borrowing against my 401K ($1399) to pay for the Princeton Review Hyperlearning course.

    Some of the post bacc programs require an interview. I've decided I'm wearing the suit I wore to my 10 year high school reunion last year. Recycling works.

    Where is bankruptcy court?
     
  28. Raptor

    Raptor Found one

    Joined:
    May 9, 2002
    Messages:
    358
    Likes Received:
    0
    Makes me think that even if you aren't in debt from college, you are sure to be after medical school. I am a junior right now and all that is depressing especially if you might want to start a family and other things. But I guess you have to take the pain with the glory when becoming a doctor.
     
  29. wolferman

    wolferman Member?

    Joined:
    Jan 17, 2002
    Messages:
    523
    Likes Received:
    2
    Status:
    Resident [Any Field]
    Don't worry about student loans when you're a doctor. They're low interest and it'll be nothing to repay. In fact, it often pays to stretch out your repayment if you're making more than the loan interest rate. For example, if you borrowed $20,000 at 2%, and as a doctor, you have $20,000 laying around, you might as well invest it at 5% and reap a 3% spread. Over a ten year repayment, this could be worth your effort.
     
  30. Random Access

    Random Access 1K Member

    Joined:
    Aug 22, 2002
    Messages:
    1,302
    Likes Received:
    0
    Rent's expensive in Chapel Hee-ull? Seriously?

    -RA
     
  31. Sweet Tea

    Sweet Tea Girl Next Door
    Physician

    Joined:
    Mar 28, 2002
    Messages:
    8,676
    Likes Received:
    11
    Status:
    Attending Physician
    yes. it sucks. my senior year (2 years ago) i lived in one of the cheapest apts in Chapel Hill, and it was $600/month for a 2-bedroom. it was not a pleasant place to live.
     
  32. Random Access

    Random Access 1K Member

    Joined:
    Aug 22, 2002
    Messages:
    1,302
    Likes Received:
    0
    That sounds about right. Seems to me some friends of mine were paying about $1000-1200 for a 3BR at State... Hehe, since they live in an area that's all student apartments, people just randomly park on lawns and stuff. It's funny...

    It could be worse...(Berkeley)...

    -RA
     
  33. dpark74

    dpark74 Senior Member

    Joined:
    Aug 29, 2002
    Messages:
    270
    Likes Received:
    0
    Dorkweed?! Nice...come on you can do better than that! The suit is an investment and not just for these interviews. Also, my statement about just holding my head above water was just that, a statement and not a complaint.

    Oh, I remember you...you were the Orgo TA that thought there was some similarity between Pinacol and McLafferty and thought spectra were called spectrographs.

    Late
     
  34. gramcracker

    gramcracker Emergency Medicine Attending

    Joined:
    Jul 24, 2002
    Messages:
    152
    Likes Received:
    1
    I work for a non-profit. Luckily I've been saving up, cause besides a small birthday gift helping me pay for AMCAS, it's all come out of my own freakin' pocket.

    I don't know how other people can afford to apply to like, 25 schools. I did 11 and already dropped several because I couldn't afford to do all their secondaries.
     
  35. GoodMonkey

    GoodMonkey sproutmobile

    Joined:
    Jul 20, 2002
    Messages:
    6,792
    Likes Received:
    4
    Status:
    Resident [Any Field]
    in comparison to a LOT of other places, that isn't actually too bad. i pay for a 1BR in michigan suburbia (outside of e.lansing) and it's $525 and pretty ghetto. down in ann arbor, you can't get a 2BR for less than about $900, especially if you want to live anywhere near campus (more like $1100, and it's icky). and think of those people in big cities, where 2BRs average about $1500 or more!
     
  36. LoveDoc

    LoveDoc Respect the Rhesus Monkey

    Joined:
    Aug 17, 2002
    Messages:
    555
    Likes Received:
    0
    any non-trad's have investments laying around that they are scared to touch once they get accepted b/c the government's going to ax them in half?

    ....wondering if anyone is in the same boat.
     
  37. gramcracker

    gramcracker Emergency Medicine Attending

    Joined:
    Jul 24, 2002
    Messages:
    152
    Likes Received:
    1
    No big investments, but small CD's and savings. Any suggestions on how to get around it?

    I hear whatever your savings are, FAFSA just deducts that amount of loan from your package.
     
  38. Angeliqua

    Angeliqua Senior Member

    Joined:
    Dec 13, 2001
    Messages:
    207
    Likes Received:
    0
    Status:
    Medical Student
    Boston-you can't find a 2 BR for less than $1500.00, believe me, I tried. A 1BR starts at 1000.00, and these are for the "ghetto areas." $600.00-900.00 for a 2BR is INCREDIBLE! Be thankful you live where you do...
     
  39. LoveDoc

    LoveDoc Respect the Rhesus Monkey

    Joined:
    Aug 17, 2002
    Messages:
    555
    Likes Received:
    0
    hey gram,

    believe me....i've only been investing for 4 years so my collection is not huge.

    i meet with my fa (finanicial advisor) on wednesday. I'll remind myself to let you know what he says. I unfortunately have a house and huge car payment to bury.

    I remember reading somewhere that you can withdraw from a Roth for school as long as you are paying for straight tuition. No room/board, etc. That's so not helpful.

    OK...until Wed.
     
  40. badassy

    badassy Senior Member

    Joined:
    Sep 17, 2002
    Messages:
    110
    Likes Received:
    0
    im young at the moment
    but i guess it will be
    parents, credit cards, and loans

    kinda scary fact to realize and think about
     
  41. Tweetie_bird

    Joined:
    Nov 20, 2001
    Messages:
    2,193
    Likes Received:
    2
    about 4 years ago I had invested in a LOT of stocks that are now worth two peanuts.
     
  42. dpark74

    dpark74 Senior Member

    Joined:
    Aug 29, 2002
    Messages:
    270
    Likes Received:
    0
    I LOVE peanuts!:D
     
  43. scienceriot

    scienceriot New Member

    Joined:
    Jul 23, 2002
    Messages:
    4
    Likes Received:
    0
    Oh please: did you notice I was quoting my mom on that one? Furthermore, what's the point of being profane? I wasn't trying to hurt your feelings or insult you, I was just making the point that one who's "barely keeping his head above water" often does not have the money to afford food, much less drop a G on a suit.

    The similarity between Pinacol and McLafferty is that they are both rearrangements- I was only commenting on the difficulty of Organic, not drawing conclusions about the rearrangements themselves.

    Why are you flaming me?
     
  44. LoveDoc

    LoveDoc Respect the Rhesus Monkey

    Joined:
    Aug 17, 2002
    Messages:
    555
    Likes Received:
    0

    Are they peanuts b/c of market volatility or did you withdraw early? I opened my first IRA in 99 w/ $1000 and it's now worth about $300. Solid investment there.

    Charles Schwabb sux. GO AXP!
     

Share This Page