7+ Year Member
- Aug 23, 2009
- Reaction score
I understand now! Thank you SDN!
To be honest, this is a silly question.
This is a silly question. Are you saying you considering alternative career paths because you don't want your parents to pay for your education and you don't want to "pay off" these massive loans, that "most" medical students take on during their education.
If it were as massive as you're making it sound, more people wouldn't do it, yet they do year after year.
Think of our loans in this manner. Most people take out a mortgage of a few hundred thousand to buy a home and the average couple likely makes say...80K per year. As physicians, we make somewhere around 1.5 to 2 times that amount (on average, but a handful of us will likely make more). That difference in income will easily allow us to pay our educational loans and any other obligations we may have.
Doctors wouldn't be living the "posh" lifestyle that they do if loans were eating such a huge chunk of their income. One of my cousins is paying off his loans and his wife's pharmacy school loans, and he owns two houses in Southern California. I won't tell you what kind of car he and his wife drive, because then I'll start to sound really obnoxious. It's not as hard as it seems.
In short, go for it if you truly want to. Take on loans if you need-most people do it.
Ohhhhh I think I understand. I don't know how the loan system worked
Word? Have you ever applied for financial aid of any sort? I mean I understand it if your ballin like that, but if your parents were really working that hard to pay for your school, then you should have at least applied.
I doubt anyone pays for their medical school costs out of pocket (unless you come from a wealthy family, came up in the game or inherited a fortune).