Archive for 'Debt' Category

How to Repay Medical School Debt

The median debt load for the 87 percent of medical school graduates who have some debt was $155,000 in 2008, according to the Association of American Medical Colleges, up 11 percent from just one year earlier. Sharply rising tuition explains much of the increase — the American Medical Student Association says public medical school debt [...]

Medical Student Debt Data

$139,517 – According to the Association of American Medical Colleges, the average educational debt of indebted graduates of the class of 2007. The average debt of graduating medical students increased in 2007 by 6.9 percent over the previous year. 75.5 percent of graduates have debt of at least $100,000 87.6 percent of graduating medical students [...]

Funding Medical School – Loan Crisis

Paying for medical school could get tougher. The credit crunch is hitting the college classroom.   Borrowers will have a more limited choice of lenders and find discounts for on-time payments or direct debit scarce. On top of that, they’ll see higher rates and fees.   The credit crisis, which started last year with mortgages [...]