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How does a doctor get into and afford medical school?

I feel like medical school is very expensive so how would a doctor be able to cover the costs without going into massive debt. How hard do you have to work to get into medical school?

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Madison’s Answer

Many people are unable to themselves pay for medical school. Lots of people take out student loans, try to get into medical schools that are public schools and have somewhat lower tuitions, some join the military and they will pay for medical school (but there are many stipulations to that contract), some will contract into primary care scholarships (meaning you agree to pursue a certain number of years in either an underserved area after residency or in a primary care specialty).
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Midwest’s Answer

These are important questions for anyone considering the medical field. It is correct medical school is very expensive and similar to undergraduate tuition, continues to rise each year. Unlike undergraduate education, not as much financial aid is distributed for medical school. However, it is fairly easy to get student loans to attend medical school, since physicians are relatively good borrowers who have reasonable job security and eventually pay off those loans. To answer the second part of your statement, yes, many graduates of medical school do get into massive debt and it takes many years to pay off those debts.

One potential avenue for medical students who plan to train and eventually work at government or non-profit institutions (most academic medical centers) is the Public Service Loan Forgiveness Program (PSLF) which allows for forgiveness of federal direct loans after 10 years of making payments on an income-driven repayment plan in conjunction with verifying employment at a qualifying employer. At the conclusion of 120 qualifying payments, the debt is forgiven. This program may include doctors but is not limited to doctors and if often pursued by other professionals with significant student debt.

To answer the second question, you have to work very hard to get into medical school, and the hard work continues after! Due to the huge quantity of applicants you should apply broadly, since acceptances often do not follow a specific logic. Academic excellence is a large part of becoming a competitive medical school applicant, but schools also value well rounded individuals who excel in any number of areas and are interested and invested in the medical profession.
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Angela’s Answer

This is a very good question because, in fact, university degrees can be very expensive in some countries. However, there tends to be a lot of financial aid available, either directly through the university in the form of scholarships, or through government aid. At the same time, you can always get a student loan which you can then pay off when you start to work, however, I would suggest looking at financial aid first.
Thank you comment icon Thanks for the advice. Sowmya
Thank you comment icon medical school is very expensive but if you set your goal and your mind and you go for your dream you can do it. There is many scholarships that students can search and are there you just need to find them and take them . my nice just graduated from medicine and she accomplished all this with scholar ships that help her to achieve and finish her career conrada molina
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