How do middle class kids afford med school?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As our Doctors get into extreme debt levels for the opportunity to work for free for a chance at becoming a doctor, this is probably another corruption based "complex" do get the doctors to shut up and play the game of mass prescribing of drugs. That's bc our country is a corrupt shtshw owned and ran by billionaires who want to get everyone addicted to drugs from the youngest toddler to the oldest geriatric. America as a nation of junk food, druggie, pill popping, idiots explains so much as to why we do what we do.

Our doctors go into extreme dept because they are stupid with money and spend inappropriately when in med school and residency.

That’s over generalization. Doctors are known to be terrible with money, but med school tuition is crippling. My child went to undergrad for free and her 529 will still fall short of paying for med school.

It isn’t that “doctors” are terrible with money, it’s the middle class and upper middle class young adults are terrible with money. Many do not know how to live frugally with minimal expenses. They are used to take out, vacations, restaurants, parties, etc. The living expend up being a big part of their overall med school dept- then add in they decide to get married in residency (worse, to another resident in a lot of debt) and have ids shortly after. Now they have a lot more expenses, need to buy a house, etc. If need to take out loans in med school, you need to live as frugally as possible through med school, residency, and the few years following- and not get married and have kids until you are well on your way to paying it all off.

I still disagree with you. Tuition costs are so high no amount of “frugal living” is going to make it easy to pay back quickly.
I am also married to a physician. He finished residency at 33 (which will be earlier than his daughters because of gap years now). How long do you suggest putting off having children?

You can have kids during residency, or even during med school if your partner works.

Remember that $80k is an above-average salary.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As our Doctors get into extreme debt levels for the opportunity to work for free for a chance at becoming a doctor, this is probably another corruption based "complex" do get the doctors to shut up and play the game of mass prescribing of drugs. That's bc our country is a corrupt shtshw owned and ran by billionaires who want to get everyone addicted to drugs from the youngest toddler to the oldest geriatric. America as a nation of junk food, druggie, pill popping, idiots explains so much as to why we do what we do.

Our doctors go into extreme dept because they are stupid with money and spend inappropriately when in med school and residency.

That’s over generalization. Doctors are known to be terrible with money, but med school tuition is crippling. My child went to undergrad for free and her 529 will still fall short of paying for med school.

It isn’t that “doctors” are terrible with money, it’s the middle class and upper middle class young adults are terrible with money. Many do not know how to live frugally with minimal expenses. They are used to take out, vacations, restaurants, parties, etc. The living expend up being a big part of their overall med school dept- then add in they decide to get married in residency (worse, to another resident in a lot of debt) and have ids shortly after. Now they have a lot more expenses, need to buy a house, etc. If need to take out loans in med school, you need to live as frugally as possible through med school, residency, and the few years following- and not get married and have kids until you are well on your way to paying it all off.

I still disagree with you. Tuition costs are so high no amount of “frugal living” is going to make it easy to pay back quickly.
I am also married to a physician. He finished residency at 33 (which will be earlier than his daughters because of gap years now). How long do you suggest putting off having children?

My SIL is a doctor. She had her kids in her 40s.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As our Doctors get into extreme debt levels for the opportunity to work for free for a chance at becoming a doctor, this is probably another corruption based "complex" do get the doctors to shut up and play the game of mass prescribing of drugs. That's bc our country is a corrupt shtshw owned and ran by billionaires who want to get everyone addicted to drugs from the youngest toddler to the oldest geriatric. America as a nation of junk food, druggie, pill popping, idiots explains so much as to why we do what we do.

Our doctors go into extreme dept because they are stupid with money and spend inappropriately when in med school and residency.

That’s over generalization. Doctors are known to be terrible with money, but med school tuition is crippling. My child went to undergrad for free and her 529 will still fall short of paying for med school.

It isn’t that “doctors” are terrible with money, it’s the middle class and upper middle class young adults are terrible with money. Many do not know how to live frugally with minimal expenses. They are used to take out, vacations, restaurants, parties, etc. The living expend up being a big part of their overall med school dept- then add in they decide to get married in residency (worse, to another resident in a lot of debt) and have ids shortly after. Now they have a lot more expenses, need to buy a house, etc. If need to take out loans in med school, you need to live as frugally as possible through med school, residency, and the few years following- and not get married and have kids until you are well on your way to paying it all off.

I still disagree with you. Tuition costs are so high no amount of “frugal living” is going to make it easy to pay back quickly.
I am also married to a physician. He finished residency at 33 (which will be earlier than his daughters because of gap years now). How long do you suggest putting off having children?

You can have kids during residency, or even during med school if your partner works.

Remember that $80k is an above-average salary.

They aren’t used to an 80k lifestyle, especially once married and with a kid, they have no idea how to possibly live on 80k.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As our Doctors get into extreme debt levels for the opportunity to work for free for a chance at becoming a doctor, this is probably another corruption based "complex" do get the doctors to shut up and play the game of mass prescribing of drugs. That's bc our country is a corrupt shtshw owned and ran by billionaires who want to get everyone addicted to drugs from the youngest toddler to the oldest geriatric. America as a nation of junk food, druggie, pill popping, idiots explains so much as to why we do what we do.

Our doctors go into extreme dept because they are stupid with money and spend inappropriately when in med school and residency.

That’s over generalization. Doctors are known to be terrible with money, but med school tuition is crippling. My child went to undergrad for free and her 529 will still fall short of paying for med school.

It isn’t that “doctors” are terrible with money, it’s the middle class and upper middle class young adults are terrible with money. Many do not know how to live frugally with minimal expenses. They are used to take out, vacations, restaurants, parties, etc. The living expend up being a big part of their overall med school dept- then add in they decide to get married in residency (worse, to another resident in a lot of debt) and have ids shortly after. Now they have a lot more expenses, need to buy a house, etc. If need to take out loans in med school, you need to live as frugally as possible through med school, residency, and the few years following- and not get married and have kids until you are well on your way to paying it all off.

I still disagree with you. Tuition costs are so high no amount of “frugal living” is going to make it easy to pay back quickly.
I am also married to a physician. He finished residency at 33 (which will be earlier than his daughters because of gap years now). How long do you suggest putting off having children?

You can have kids during residency, or even during med school if your partner works.

Remember that $80k is an above-average salary.

Did you even read the post I was responding to? It said you shouldn’t have kids until you’re well on your way to paying debt off and I said “I disagree”.
Waiting until your 40s to have kids is also not the solution for me.

[Anonymous]

middle class kids are going to be pushed out of med school soon. they borrow $300- 400000. residents repayments are deferred ( or they were - not sure about the new rules)

[Anonymous]

Uh ..they don't....

[Anonymous]

They don't. They take out loans and pay them until they die.

[Anonymous]

We aren't middle class and we play to pay for med school as well as pay the daycare bill for grandchildren until our DD finishes residency.

[Anonymous]

Anonymous wrote:We aren't middle class and we play to pay for med school as well as pay the daycare bill for grandchildren until our DD finishes residency.

"People with cancer, how are things going?"

"I don't have cancer and things are going great!"

[Anonymous]

In the 1980s, many paid for medical school with massive student loans. It is not a new issue.

[Anonymous]

Why is every important industry in the US a corrupted scam. Health care and medicine- scam, education fraud and debt-scam, housing-scam, tax cuts for the rich-scam, campaign finance-scam, war= lies and scam, poverty slave wages=scam.

Remember as all these scams go on, America is the richest country in the history of the world. Thanks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As our Doctors get into extreme debt levels for the opportunity to work for free for a chance at becoming a doctor, this is probably another corruption based "complex" do get the doctors to shut up and play the game of mass prescribing of drugs. That's bc our country is a corrupt shtshw owned and ran by billionaires who want to get everyone addicted to drugs from the youngest toddler to the oldest geriatric. America as a nation of junk food, druggie, pill popping, idiots explains so much as to why we do what we do.

Our doctors go into extreme dept because they are stupid with money and spend inappropriately when in med school and residency.

That’s over generalization. Doctors are known to be terrible with money, but med school tuition is crippling. My child went to undergrad for free and her 529 will still fall short of paying for med school.

It isn’t that “doctors” are terrible with money, it’s the middle class and upper middle class young adults are terrible with money. Many do not know how to live frugally with minimal expenses. They are used to take out, vacations, restaurants, parties, etc. The living expend up being a big part of their overall med school dept- then add in they decide to get married in residency (worse, to another resident in a lot of debt) and have ids shortly after. Now they have a lot more expenses, need to buy a house, etc. If need to take out loans in med school, you need to live as frugally as possible through med school, residency, and the few years following- and not get married and have kids until you are well on your way to paying it all off.

I still disagree with you. Tuition costs are so high no amount of “frugal living” is going to make it easy to pay back quickly.
I am also married to a physician. He finished residency at 33 (which will be earlier than his daughters because of gap years now). How long do you suggest putting off having children?

You can have kids during residency, or even during med school if your partner works.

Remember that $80k is an above-average salary.

Did you even read the post I was responding to? It said you shouldn’t have kids until you’re well on your way to paying debt off and I said “I disagree”.
Waiting until your 40s to have kids is also not the solution for me.

Get a divorce and marry someone who has money now. This isn’t hard to figure out.

[Anonymous]

Anonymous wrote:Why is every important industry in the US a corrupted scam. Health care and medicine- scam, education fraud and debt-scam, housing-scam, tax cuts for the rich-scam, campaign finance-scam, war= lies and scam, poverty slave wages=scam.

Remember as all these scams go on, America is the richest country in the history of the world. Thanks.

The scams are the reason we are the richest country in the world.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Why is every important industry in the US a corrupted scam. Health care and medicine- scam, education fraud and debt-scam, housing-scam, tax cuts for the rich-scam, campaign finance-scam, war= lies and scam, poverty slave wages=scam.

Remember as all these scams go on, America is the richest country in the history of the world. Thanks.

The scams are the reason we are the richest country in the world.

+1. The dollar being the world’s reserve currency is the biggest scam of them all.

[Anonymous]

Anonymous wrote:In the 1980s, many paid for medical school with massive student loans. It is not a new issue.

These loans are now capped.
We are using what’s left in 529 for housing/tests/fees and paying tuition only with loan. Applying for financial aid, but most schools only offer after 1st year. Will do work study to offset tuition.