Forgive cuz I know very little about this, but how do most people finance their med school? Worst case scenario and I have to borrow the $120K (4 years @30K) - when will I be able to even begin to start paying that off? I've heard that residents get paid ~30K - can anyone confirm this? But my real question is how soon after I complete the MD will I be able to start significantly reducing the debt I have incurred. I would love to hear from any current med students or even better, any recent grads. Oh - one more quick question: how much (about) does a junior doctor in academic medicine (i.e. doing research at a teaching hospital) make a year - is it like 60K or is it more like 120K. Call me slow, but the reality of having to actually pay for a medical education is just now beginning to sink in.