Perhaps lost in the recent news that the median 2016 medical school graduate debt was $179,000 was that 26.9% of those graduates had no debt at all. For reference, this is up from the 16.1% of medical school graduates who were debt free in 2010.
Unfortunately, the data doesn’t lend itself well for an in-depth analysis of these medical school graduates to identify where the concentration of debt is focused or if more wealthy families have become more likely to send students into the medical profession. What is known is that the highest concentration of debt-free graduates are now found in ophthalmology (39.9%) followed by dermatology (36.1%) and pathology (34.8%).
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Very interesting. It would be great if the medical schools were required to release the percentage of graduates with no debt.
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