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Reply to "If you had student loans, how long did it take to pay them off?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]250k in loans after medical school. I am 10 ys out and have 180k to go. Depressing.[/quote] Wow! My son had almost $200K in student loans when he finished his residency about 18 months ago. He has paid off all but $20K which he expect to pay off by June. He is single and lives well but keeps his spending down because he wanted to pay it off within two years of completing residency.[/quote] I don't know how this is possible. You would have to have a ridiculously high net pay in order to pay $180K in 18 months.[/quote] He earns approximately $450K gross annually ......[/quote] Again, I am a PCP. Your son had an extra $325k in his first year of work to put toward his loans compared to me. Not surprising he doesn’t have much left. To the MS3 going into peds, I love my job and have never regretted my decision not to subspecialize. But if you are interested in higher paying pediatric subspecialties, then certainly consider the financial benefits. [/quote]
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