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Are you going to an osteopathic school? The average tuition for private allopathic usually run $40-45K/year.
Private allo, one of the more expensive. Mine, with all expenses included, it's just a little 50. The tuition is a little over 45, the health insurance is another 1.5, books and supplies add over 1K (the military is paying for about 5K annually, actually, but no way I would have bought all that crap as a civilian), which brings me to about 200 over 4 years. 25K/year living expenses would bring you to 300K. I realize that sounds like a lot, but it's really not for a young professional or someone with a family (not that I'm spending that much, of course, since I'm neither of those things). In any event that's just about what the military gives you to live on for those 4 years (including bonus) so whether you count it as interest in the bank or interest on a loan it works out to the same thing.
If you are supremely confident that you just would couldn't practice medicine unless it was primary care, that's great. But for most folks, they'd be wise to run numbers with any specialty that interests them and judge based on the highest paying one.
Why is this wise, again? Money has a diminishing return. 4 years of lower than average ortho salary is going to be much less of a detriment to you ability to do something like own a home, or fill up college funds, than carrying over 300K in debt into family practice. It seems like the wise thing to do is to plan for the worst case scenario.
A very sizable number of these qualify as what I would consider "rich"
There was one point where the financial aid office at my school accidentally sent out a notice to everyone in our class on financial aid using their email addresses, rather than a listserv. There were 90 names on the list. Math for medical students: 180 people in a class, 90 on financial aid, 20 on HPSP, leaves how many getting a full ride from somewhere else?
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