By the end of dental school, I will have $350K+ in student loans to pay back.
Here are the loans I will have to take in my dental career:
1. $350K loan for dental school
2. $___K loan for house, buying a car, family etc
3. $___K loan for opening own practice
How do most people do it? Find a job in someone else's clinic and pay off the student loans? Assuming I find a job in someone else's clinic straight out of dental school, how much will I be making? How long will it take to pay back $350K?
How much do people take out for starting their own practice? How long will that take to pay back?
I'm sure everyone has considered this before, so if you already have an excel worksheet, it would be great to share it. Otherwise, please share your insight.
==> EDIT: I will be attending UPenn Dental Medicine. People were wondering, so I thought I should give everyone a full picture to help me out.
Here are the loans I will have to take in my dental career:
1. $350K loan for dental school
2. $___K loan for house, buying a car, family etc
3. $___K loan for opening own practice
How do most people do it? Find a job in someone else's clinic and pay off the student loans? Assuming I find a job in someone else's clinic straight out of dental school, how much will I be making? How long will it take to pay back $350K?
How much do people take out for starting their own practice? How long will that take to pay back?
I'm sure everyone has considered this before, so if you already have an excel worksheet, it would be great to share it. Otherwise, please share your insight.
==> EDIT: I will be attending UPenn Dental Medicine. People were wondering, so I thought I should give everyone a full picture to help me out.
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