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- Mar 16, 2006
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As with most pre-dental students (or maybe its just me), I'm worried about how much debt I will accumulate in Dental school. As tuition rates get higher, I get more and more stressed out about how I will pay off this huge debt after I graduate. I have been doing a lot of research since last year about the future dentistry and how newly-minted dentists are coping with the financial burden of dental school. I have been reading numerous stories of new dentists struggling to make ends meet. Most of these new dentists are working 50-60 hours a week (some are working as associates for two dentists) just to be able to make loan payments. They anticipate doing this for at least a couple of years to get their debt down and finally generate enough income to be able to make mortgage payments on a decent house.
For those who are getting into dentistry for the money and those who are anticipating a great income after dental school, this is like a wake-up call. For most of us, who do not have parents paying for dental school, the dream of having a profitable practice and a decent lifestyle seem to be at least a few years after graduating from dental school.
With new advances in dental care (click on link below), what kind of life do you think your dental education will provide you? Do you think you will make enough to pay $150,000 in loans and still live a lifestyle you hope to have? Do you think loans payments of about $2000 per month for 10 years is a huge burden that will have tremendous effects on your lifestyle (and your family)?
Note: I know some people will read this post and automatically go on the defense mode and attack it. I'm not trying to dissuade anyone from going into dental school. I'm also not trying to get people to make a decision for me. My mind is made up. I was trained as an economist and I spent the last four years looking at factors such as opportunity cost and inflation. I am very interested in this aspect of dental education. I wrote this post because I want to see what these future professionals think about the issue.
http://www.webmd.com/content/article/101/106046.htm
**the article says that the paste will not be available for at least a few years. However, recent news (Discovery Channel) stated that the makers of this paste is expecting worldwide release in within three years. The product is done testing and the marketing strategy is being formulated.
For those who are getting into dentistry for the money and those who are anticipating a great income after dental school, this is like a wake-up call. For most of us, who do not have parents paying for dental school, the dream of having a profitable practice and a decent lifestyle seem to be at least a few years after graduating from dental school.
With new advances in dental care (click on link below), what kind of life do you think your dental education will provide you? Do you think you will make enough to pay $150,000 in loans and still live a lifestyle you hope to have? Do you think loans payments of about $2000 per month for 10 years is a huge burden that will have tremendous effects on your lifestyle (and your family)?
Note: I know some people will read this post and automatically go on the defense mode and attack it. I'm not trying to dissuade anyone from going into dental school. I'm also not trying to get people to make a decision for me. My mind is made up. I was trained as an economist and I spent the last four years looking at factors such as opportunity cost and inflation. I am very interested in this aspect of dental education. I wrote this post because I want to see what these future professionals think about the issue.
http://www.webmd.com/content/article/101/106046.htm
**the article says that the paste will not be available for at least a few years. However, recent news (Discovery Channel) stated that the makers of this paste is expecting worldwide release in within three years. The product is done testing and the marketing strategy is being formulated.