pascwelle

January 04, 2008

Posted by pascwelle

Can i afford a dual degree in post graduate level in another private school?

Hi,
I already have 135K in loans from pharmacy school.
can i afford to go to medical school at age 32 with 210k on top of my previous loan?
I have 65k already in saving. what is your advice?
i am married with a baby and if i get accepted my studies will be outside of USA in an acredited school.Thank you.

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LifesaPretzel

January 05, 2008

Posted by LifesaPretzel

0 stars ( 0 ratings )

Before even getting into the financial data, how could you not take this opportunity. In 10 years, do you really want to look back and remember not taking the opportunity to go to medical school. I say good for you. You've done amazing work up to this point, you are in the 7th inning and its time to go all the way.

Financially, the average income for a graduate of medical school is $164,000. From that perspective you'd be able to pay off your loan after graduating. Is your previous and possible future loan under 10%?

Comments

  1. pascwelle: well together they will be about 335.000$. and the interrest should be abut 8%. but that means no baby anytime soon and no house not before 10 yrs!

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