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      • The truth, however, is that attending medical or dental school should not primarily be a financial decision. While medicine and dentistry provide a fairly reliable pathway to a top 1%-5% income, it's actually a fairly rare doctor that makes more than $500,000, much less $1 million. It is not a pathway to uber riches.
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  2. Jul 28, 2021 · 1. Do I have what it takes to get accepted into medical school? The medical school applicant field is unquestionably competitive. According to the American Association of Medical Colleges (AAMC), only 42 percent of medical school applicants were accepted into the 2020–2021 school year.

  3. Is Medical School Worth It? Medical school might be worth it for you if you have a passion for medicine and a grasp of the sacrifices and challenges that accompany being a physician. Medical...

  4. Feb 19, 2021 · Medical schools are producing more graduates, but residency programs haven’t kept up, leaving thousands of young doctors “chronically unmatched” and deep in debt.

    • Reach out to financial aid officers early. Believe it or not, there are professionals employed at just about every medical school whose job it is to help students navigate the complex world of financial aid.
    • Get loan smart. Most medical students utilize the federal Direct Unsubsidized Loans and Direct PLUS Loans, and I’d suggest familiarizing yourself with each before starting medical school.
    • Budgeting is easy. A simple yet effective long-term, cost-saving measure for any student is to create, and stay committed to, a budget. Designating what percentage of your loans or personal savings will be used for rent, groceries, or car payments, for example, can help prevent you from having to ask for more loan money than you need.
    • Scholarships and loan repayment programs exist. For students willing to serve the country as a military physician or who practice medicine in underserved areas, opportunities for scholarships and loan forgiveness abound.
  5. Getting into a medical school — practically any medical school — is an achievement. But would-be medical students also want to know: Is this the best school for me?

  6. May 17, 2024 · Updated: May 17, 2024. The path of becoming a doctor is not an easy one. Many medical school hopefuls wonder whether medical school is worth it – the medical school requirements, the rigors of medical school education, late nights during rotations and electives, huge financial debt!

  7. Mar 11, 2024 · Medical school is a long and arduous journey that involves years of studying, countless exams, and a significant financial investment. In this article, we'll be weighing the pros and cons of attending medical school, so that you can make an informed decision about whether it's the right choice for you.

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