- Joined
- Feb 6, 2009
- Messages
- 152
- Reaction score
- 3
Kids are not in the picture for me and the medical specialties I'm interested in don't make vastly more than that right now. So, yeah. 😎 My cost of living is about 16k a year right now and I don't expect it to go up by more than 2.5 times if/when I'm a doctor. That leaves quite a lot to pay off loans.
If I was planning on offspring I would certainly be more concerned about debt load.
I would also happily take a reduction in final salary for an increase in internship/residency salary. It seems unfair to have a life of abject poverty to make loan payments during the busiest job of one's life. (What I will probably do when I get there (yes, I've already thought about this because I like making contingency plans way ahead) is to put off repayment - which essentially constitutes a reduction in final salary, as interest piles up.)
If I was planning on offspring I would certainly be more concerned about debt load.
I would also happily take a reduction in final salary for an increase in internship/residency salary. It seems unfair to have a life of abject poverty to make loan payments during the busiest job of one's life. (What I will probably do when I get there (yes, I've already thought about this because I like making contingency plans way ahead) is to put off repayment - which essentially constitutes a reduction in final salary, as interest piles up.)