About 'average debt of medical student'|Earning an MD Degree in Six Years to Reduce the Debt-Load of Medical Students

About 'average debt of medical student'|Earning an MD Degree in Six Years to Reduce the Debt-Load of Medical Students

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Ｉｎ               ｔｈｅ               ｃａｓｅ               ｏｆ               ｍｏｓｔ               ｓｔｕｄｅｎｔｓ               ｔｈｅｙ               ａｒｅ               ｆａｃｅｄ               ｗｉｔｈ               ｔｈｅ               ｒｅａｌｉｔｙ               ｏｆ               ｎｏｔ               ｏｎｌｙ               ｔｒｙｉｎｇ               ｔｏ               ｆｉｎｄ               ｅｍｐｌｏｙｍｅｎｔ               ｂｕｔ               ａｌｓｏ               ｒｅｐａｙｉｎｇ               ｓｔｕｄｅｎｔ               ｌｏａｎｓ               ｔｈａｔ               ｗｅｒｅ               ｕｓｅｄ               ｔｏ               ｆｕｎｄ               ｔｈｅｉｒ               ｅｄｕｃａｔｉｏｎ. Ｍａｎｙ               ｃｏｌｌｅｇｅ               ｇｒａｄｕａｔｅｓ               ａｒｅ               ｓｔａｒｔｉｎｇ               ｔｏ               ｒｅａｌｉｚｅ               ｔｈａｔ               ｔｈｅ               ｂｕｌｋ               ｏｆ               ｔｈｅｉｒ               ｄｅｂｔ               ａｆｔｅｒ               ｌｅａｖｉｎｇ               ｃｏｌｌｅｇｅ               ｉｓ               ｆｒｏｍ               ｓｔｕｄｅｎｔ               ｌｏａｎｓ. Ｉ               ａｌｗａｙｓ               ｔｈｏｕｇｈｔ               ｔｈａｔ               ｓｉｎｃｅ               ｃｒｅｄｉｔ               ｃａｒｄｓ               ｗｅｒｅ               ｓｏ               ｒｅａｄｉｌｙ               ｍａｄｅ               ａｖａｉｌａｂｌｅ               ｔｏ               ｕｓ               ｔｈａｔ               ｔｈｅｙ               ｗｏｕｌｄ               ｈａｖｅ               ａ               ｈｕｇｅ               ｉｍｐａｃｔ               ｏｎ               ｏｕｒ               ｄｅｂｔ               ｆａｃｔｏｒ. Ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｈａｓ               ｓｕｒｐｒｉｓｉｎｇｌｙ               ｓｕｒｐａｓｓｅｄ               ｔｈａｔ               ｏｆ               ｃｒｅｄｉｔ               ｃａｒｄｓ. Ａｃｃｏｒｄｉｎｇ               ｔｏ               Ｎａｔｉｏｎａｌ               Ｃｅｎｔｅｒ               ｏｆ               Ｅｄｕｃａｔｉｏｎ               Ｓｔａｔｉｓｔｉｃｓ               50               ｐｅｒｃｅｎｔ               ｏｆ               ｃｏｌｌｅｇｅ               ｇｒａｄｕａｔｅｓ               ｈａｖｅ               ｓｔｕｄｅｎｔ               ｌｏａｎｓ               ｗｉｔｈ               ａｎ               ａｖｅｒａｇｅ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｏｆ               ｔｅｎ               ｔｈｏｕｓａｎｄ               ｄｏｌｌａｒｓ. Ａｌｔｈｏｕｇｈ               ｔｈｉｓ               ｎｕｍｂｅｒ               ｍａｙ               ｓｅｅｍ               ｑｕｉｔｅ               ｓｔａｇｇｅｒｉｎｇ,               ｙｅｔ               ｔｈｅｒｅ               ａｒｅ               ｓｏｍｅ               ｐｅｏｐｌｅ               ｔｈａｔ               ｏｗｅ               ｍｏｒｅ               ｔｈａｎ               ｔｈａｔ. Ａｓ               ａ               ｒｅｓｕｌｔ               ｏｆ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｓｏｍｅ               ｐｅｏｐｌｅ               ａｒｅ               ｉｎ               ｂａｄ               ｓｉｔｕａｔｉｏｎｓ               ｂｅｆｏｒｅ               ｔｈｅ               ｅｖｅｎ               ｇｅｔ               ｔｈｅｉｒ               ｆｉｒｓｔ               ｊｏｂ               ａｆｔｅｒ               ｃｏｌｌｅｇｅ. Ｉｔ               ｉｓ               ｉｍｐｏｓｓｉｂｌｅ               ｆｏｒ               ａｎｙｏｎｅ               ｔｏ               ｇｅｔ               ａ               ｇｏｏｄ               ｓｔａｒｔ               ｉｎ               ｔｈｅ               ｗｏｒｋｆｏｒｃｅ               ｗｈｅｎ               ｔｈｅｙ               ｏｗｅ               $40,000               ｉｎ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ａｎｄ               ｔｈｅ               ｆｉｒｓｔ               ｊｏｂ               ｔｈｅｙ               ａｒｅ               ｈｉｒｅｄ               ｆｏｒ               ａｓ               ａ               ｓｔａｒｔｉｎｇ               ｓａｌａｒｙ               ｏｆ               $28,000. Ｔｈｅｙ               ｓｔａｒｔ               ｔｈｅｉｒ               ｗｏｒｋｉｎｇ               ｃａｒｅｅｒ               ａｌｒｅａｄｙ               ｗｉｔｈ               ａ               ｆｉｎａｎｃｉａｌ               ｓｔｒａｉｎ. Ｕｎｆｏｒｔｕｎａｔｅｌｙ,               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｃａｎｎｏｔ               ｂｅ               ａｖｏｉｄｅｄ               ｕｎｌｅｓｓ               ｓｏｍｅｏｎｅ               ｉｓ               ｆｏｒｔｕｎａｔｅ               ｅｎｏｕｇｈ               ｔｏ               ｅｉｔｈｅｒ               ｈａｖｅ               ａ               ｆｕｌｌ               ｆｉｎａｎｃｉａｌ               ｓｃｈｏｌａｒｓｈｉｐ               ｏｒ               ｔｈｅｙ               ｈａｖｅ               ｔｈｅ               ｆｕｎｄｓ               ｔｏ               ｐａｙ               ｆｏｒ               ａｌｌ               ｏｆ               ｔｈｅｉｒ               ｃｏｌｌｅｇｅ               ｅｘｐｅｎｓｅｓ. Ｍａｎｙ               ｐｅｏｐｌｅ               ｖｉｅｗ               ｃｏｌｌｅｇｅ               ａｓ               ａ               ｒｉｇｈｔ               ｏｆ               ｐａｓｓａｇｅ. Ｔｈｅｙ               ｂｅｌｉｅｖｅ               ｔｈａｔ               ｔｈｅ               ｔｉｍｅｓ               ｗｅ               ｃｕｒｒｅｎｔｌｙ               ｌｉｖｅ               ｉｎ               ｄｅｅｍ               ｉｔ               ｎｅｃｅｓｓａｒｙ               ｔｏ               ａｔｔｅｎｄ               ｃｏｌｌｅｇｅ. Ｃｏｌｌｅｇｅ               ｅｘｐｅｎｓｅｓ               ａｒｅ               ｎｏｔ               ｄｅｃｒｅａｓｉｎｇ. Ａｃｃｏｒｄｉｎｇ               ｔｏ               Ｓｃｏｔｔ               Ｃｏｈｎ               ｏｆ               ＭＳＮＢＣ               ｓｔｕｄｅｎｔ               ｌｏａｎｓ               ａｒｅ               ｒｉｓｉｎｇ               ｆａｓｔｅｒ               ｔｈａｎ               ｔｈｅ               ｃｏｓｔ               ｏｆ               ｍｅｄｉｃａｌ               ｃａｒｅ. Ｔｈｉｓ               ｉｓ               ｖｅｒｙ               ｓｈｏｃｋｉｎｇ               ｆｏｒ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｔｏ               ｅｖｅｎ               ｂｅ               ｓｌｉｇｈｔｌｙ               ｃｏｍｐａｒｅｄ               ｔｏ               ｓｕｃｈ               ａ               ｃｏｎｔｒｏｖｅｒｓｉａｌ               ｉｓｓｕｅ               ａｓ               ｍｅｄｉｃａｌ               ｃａｒｅ. Ｄｅｓｐｉｔｅ               ａｌｌ               ｏｆ               ｔｈｅ               ｇｏｖｅｒｎｍｅｎｔ'ｓ               ｅｆｆｏｒｔｓ               ｔｏ               ｐｒｏｖｉｄｅ               ｒｅｌｉｅｆ               ｅｆｆｏｒｔｓ               ｆｏｒ               ｐｅｏｐｌｅ               ｗｈｏ               ａｒｅ               ｂｅｉｎｇ               ｏｖｅｒｗｈｅｌｍｅｄ               ｂｙ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｉｔ               ｓｔｉｌｌ               ｃｏｎｔｉｎｕｅｓ               ｔｏ               ｂｅ               ａｎ               ｏｎｇｏｉｎｇ               ｐｒｏｂｌｅｍ. Ｉ               ｔｏｏ               ａｌｏｎｇ               ｗｉｔｈ               ｍａｎｙ               ｏｔｈｅｒ               ｃｏｌｌｅｇｅ               ｇｒａｄｕａｔｅｓ               ａｍ               ｓｕｆｆｅｒｉｎｇ               ｆｉｎａｎｃｉａｌｌｙ               ａｓ               ａ               ｒｅｓｕｌｔ               ｏｆ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ. Ｉ               ｃａｎ               ｈｏｎｅｓｔｌｙ               ｓａｙ               ｔｈａｔ               Ｉ               ｄｏｎ'ｔ               ｋｎｏｗ               ｏｆ               ａｎｙｏｎｅ               ｔｈａｔ               ｅｉｔｈｅｒ               ｈａｓ               ｐａｉｄ               ｔｈｅｉｒ               ｓｔｕｄｅｎｔ               ｌｏａｎ               ｄｅｂｔ               ｏｆｆ               ｏｒ               ａｒｅ               ｃｌｏｓｅ               ｔｏ               ｄｏｉｎｇ               ｓｏ.                Ｓａｎｄｙ               Ｂａｕｍ,               Ｔｈｅ               Ｒｏｌｅ               ｏｆ               Ｓｔｕｄｅｎｔ               Ｌｏａｎｓ               ｉｎ               Ｃｏｌｌｅｇｅ               Ａｃｃｅｓｓ,               Ｎａｔｉｏｎ               Ｃｅｎｔｅｒ               ｏｆ               Ｅｄｕｃａｔｉｏｎ               Ｓｔａｔｉｓｔｉｃｓ                Ｓｃｏｔｔ               Ｃｏｈｎ,               Ｓｔｕｄｅｎｔ               ｌｏａｎｓ               ｌｅａｖｅ               ｃｒｕｓｈｉｎｇ               ｄｅｂｔ               ｂｕｒｄｅｎ,               ＭＳＮＢＣ

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1. Earning an MD Degree in Six Years to Reduce the Debt-Load of Medical Students

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4. ... that place a $70,000 debt on every American child? Is...and thereby deprive them of funds they could have... to purchase medical insurance coverage they don’t want...

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