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College and University Discussion
Reply to "Paying for law/med school"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most private medical schools have parents paying. My spouse is on the admissions committee of one and >70% of their matriculants have parents paying cash. It's a rich person's profession. [/quote] Bullshit. Med school AdComs don't know that applicant parents are paying or paying in cash. Why spread lies like this? [/quote] Huh? Not bull shit at all. They find out the demographics of the incoming class after the fact. The percentage of kids taking loans is carefully monitored by any medical school as it's a concern of the office. [/quote] That is certainly not the case at the medical school I work for in NY. [b]Most actually take out loans[/quote][/b] Federal unsubsidized loans are capped at $50K a year, $267K total inclulding undergrad. Most lending institutions will not add on to that debt load because the student has no collateral.[/quote]
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