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[quote=Anonymous][quote=Anonymous]An American friend’s NYC raised child is dual US/Austalian. He decided to pursue his degree in Melbourne. 6 years combo total, not 8. And the tuition is subsidized by the govt. So his total tuition costs will average about (US)$12K per year. That 6 yr total $72K fees is in the form of a loan from the govt that gets repaid thru future taxation of income. Or he can pay it upfront as he goes and have zero debt.

So a complete medical degree for the cost of one year undegraduate at a private US college of similar repute to University of Melbourne. (Hovers around #30 on the global university ranking lists. Amazing.) Recapture two years opportunity cost. This makes it absolutely worth the effort/time/exams that will need to be undertaken to then get licensed in the US. It is possible and worth it.

For social support and a “college experience”, he lives on campus in an old sandstone college with peers, meals, tutors, sports. The works. Modeled on the college system at Oxbridge. And Melbourne is a very cool city. Cost is (US)$25K and he will do this for two years, then get an apartment with friends. I think you need to pay to live/be housed/eat no matter what. So this cost is what it is.

My point? We are doing it wrong in the US. If money is even slightly an issue, and she does not want a lifetime of debt, taking advantage of her dual citizen ship is smart. That effort she will need to put in to then be recognized as a doctor in the US has a meaningful value. By my calculations, it is about (US)$600,000.

Maybe she’s a genius, not a miser? Geniuses do well in med school. Go get it! [/quote]

Amazing![/quote]

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