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Dealing with Medical School Debt
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Michelle Beaver

Renal Business Today

The numbers are daunting. Consider these statistics from the Association of American Medical Colleges graduate questionnaire and try not to glaze over and fall off your chair in a fit of depression:

 

  • The average educational debt of indebted graduates of the class of 2009 is $156,456.

  • 79 percent of graduates have debt of at least $100,000.

  • 58 percent of graduates have debt of at least $150,000.

Has it always been this way? No. Medical education debt has increased, and is driven by rising tuition, according to the American Medical Association. AAMC data concurs, showing that median private medical school tuition and fees increased by 50 percent (in real dollars) in the 20 years between 1984 and 2004. Median public medical school tuition and fees increased by 133 percent over the same time period, according to the AAMC.

Read full article https://nephrologyusa.com/resources/23-dealing-with-medical-school-debt

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