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Has anyone had any experience with the military paying for their med school tuition? How does this work? Has anyone had any experience with the military paying for their med school tuition? How does this work? "Has anyone had any experience with the military paying for their med school tuition? How does this work?" My girlfriend did this. (Army). She signed a contract with the Army. They then paid for her medical school tuition. In return she agreed to repay the tuition by working as a doctor for the Army for (if I remember correctly) 5 years. Her years of internship and residency did not count. So she was in medical school 4 years, then 1 year of internship and (if I remember correctly) 2 years of residency. Of course, the numbers of years of residency vary by specialty. Then she worked for the Army for 5 years. She was paid for the internship and residency years, I think around $50,000/year. It was definitely a long haul, and I recall at one point she wished she didn't owe the Army all those years. But in the end, it all worked out. A friend of hers in medical school signed a contract with the Public Health Service. She had to pay them back by working on an Indian reservation out in Minnesota. Very bleak place. There was a story in the Washington Post a few years ago about a case brought against a doctor for repayment of tuition because she refused to work on an Indian reservation, as she had agreed to do, in return for her medical school tuition being paid by the Public Health Service. Those debts are not dischargeable in bankruptcy and the PHS, or armed services, can come after you if you don't pay off the debt as agreed. |
| PP here, sorry about the repetitions. |
My K son said he wants to be a miner. So i should empty out his 529k and go on vacation right OP? Mining school is way cheaper Sorry to be scarcastic, but she's five. Save as you were planning to, and keep encouraging her academically as you were planning to. What she chooses to do in 16 years when she graduates is incredibly unknown and not worth worrying about |
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check out http://studentdoctor.net/
There is a sub-form on military medicine. My husband was obsessed with this website when he was in med school and residency. |
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Went to a public medical school, paid instate tuition. 210,000 in medical school loans.
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I wouldn't stress about it. Save what you can but it's acceptable to have your daughter help pay for college as well if that's what she wants to do when she grows up. I can understand you not wanting her to be flooded with debt, but it's ok to have her understand that if it's something she really wants she can help. There's a lot to be learned with fiscal responsibility and so forth.
There was actually an article a couple of weeks ago, kids who help pay for college are more responsible and have higher GPA's then those who have a full ride. I know I saw that when I went to college. I paid my own way by working and with student loans so I wasn't going to waste my money by partying and flunking out. Those whose parents paid for them treated college like a 50,000 dollar party and many flunked out. |
Nursing is actually a great undergrad as a precursor to medicine. I did a nursing degree and there were quite a few in my class whose intention was to use nursing as a foundation for med school, a couple others to be chiropractors. These students had no intention of being nurses, and it seemed to be a great career path as they were all successful at getting into med school and chiropractor school. The first year med students were in my nursing science classes so we were all learning identical material. Nursing provides a different perspective on healthcare that can be very advantageous for a physician to have. |
| Mine is going to be a professional hockey player and a banker. His NHL salary can pay for his MBA. I just have to spend years schlepping to ice rinks in the dark, and paying for new hockey gear. I am raiding his 529 this week! |
Isn't this a longer path to becoming a physician? or about the same? |
I have heard that this actually hurts your chances for admission into a medical school. Doesn't make sense but being a nurse and being a doctor seem to require different skills and a different level of academic rigor. |
| Tell your kid to study pharmacy instead. You never get sued |
| Would it be possible to continue to practice medicine while still holding the title of Princess Fairy? I can't find any info despite my best google efforts.... |
| Dentist. Tell the kid to become a dentist instead |
| If she is a doctor in a city that pays well, she should have no problem paying off her loans. Docs in the DC area, unless they are specialists, don't make as much money, but head to a small town or a larger southern city, then can make tons of $$$ and pay off all their loans in 5 years. |
Yes, I have a friend whose husband did it through the navy. You have to serve for four years, I think, and if the navy, then at least one of those years is on a boat or posted abroad. |