Monday, October 24, 2016

If You Think Your Medical School Application is Expensive...

According to an article in this month's Annals of Emergency Medicine, the median educational debt for surveyed emergency medicine residents was $212,000, a substantial amount that altered life and career priorities and caused significant stress.

Medical school is not only tough mentally and emotionally, but also it's a huge financial burden. And the low salary that residents take home only compounds the issue because of the opportunity costs of not having invested starting at a young age.

Although sobering, it's worth looking at the study and the conclusions drawn.