Archive for the ‘Medical School’ Category »
On average, freshly graduated medical sudents owe $140,000 in student loans after graduating from med school. A recent survey by nonprofit Association of American Medical Colleges says that debt influences one third of all medical graduates and their choice of specialization.
2006-2007 earning statistics as broken down by medical field:
Family-medicine doctors: $161,000 a year (Source: Merritt, Hawkins & Associates)
Radiologists: $380,000 a year (Source: Merritt, Hawkins & Associates)
Orthopedic surgeons $413,000, (Source: Merritt, Hawkins & Associates)
2006-2007 earning statistics as broken down by medical academic field:
academic family practice: $140,038 a year (Source: Medical Group Management Association)
academic orthopedic surgery: $205,904 a year (Source: Medical Group Management Association)
academic radiology: $272,737 a year (Source: Medical Group Management Association)
The Cleveland Clinic Lerner College and Free Tuition
The Cleveland Clinic Lerner College of Medicine of Case Western University hopes to encourage students to pursue academic medicine by awarding all incoming students full scholarships to cover their $43,500 tuition (Approximately $43,500/year).
Students will still have the responsibility of paying for living expenses, misc. fees, equipment and books, but the free tuition program should drastically reduce the total debt load on incoming students next year.
Source: WSJ