Medical students can borrow up to $50,000 a year and $200,000 total in federal Direct Unsubsidized Loans. See the lifetime cap, Grad PLUS rules and exceptions.
|Videos|September 28, 2021
Don’t make your loan situation worse
Author(s)Todd Shryock, Logan Lutton
Physicians who enter practice for the first time often rapidly increase their lifestyle, which can have dramatic consequences for them in the long-term.
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Physicians often finish their education burdened with a debt load that can reach six figures. But they also start their professional careers years behind their colleagues in non-medical fields when it comes to saving for retirement. Once they start earning a good salary, the biggest challenge they face is deciding whether to pay down their debt or invest for retirement.
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