scary financial aid presentation

[DatInterviewDood]

at a school I was at recently they ran through some hypothetical numbers, assuming a student took out max loans each year and went into something (like family practice?) and made ~160k / year. I forget if they assumed that the student would start loan payback in residency. I think they assumed that the student started med school around 23 years of age.

With loans accruing interest and modest payments, it turned out to be equivalent to the individual only making 100k / year until they were ~45. The numbers are rough, these are exteremes, and my memory could be off. I just thought it was scary! For those who are supporting themselves completely for med school- I respect you so much.

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[787593]

Sell plasma?

 

[doctorleospaceman]

only making 100k / year

2spooky4me. Withdrawing my acceptance.

 

[efle]

the individual only making 100k / year until they were ~45

I mean that's better than the vast majority of people are making in their 30s and then you get way ahead of the typical person in your 45-65+ range

 

[ciestar]

Man I love the concept of PAYE

 

[787593]

I mean that's better than the vast majority of people are making in their 30s and then you get way ahead of the typical person in your 45-65+ range

Lambos ain't cheap

^what OP is getting at

 

[prehealthadvisor55]

With loans accruing interest and modest payments, it turned out to be equivalent to the individual only making 100k / year until they were ~45.

I just thought it was scary!

Have I got some news for you...