Thursday, June 9, 2011

How expensive is med school?

WOW!

I just saw a University of Toronto Medicine financial aid webinar out of interest here.

This is a typical budget for Year 1 of the MD program.

Tuition and fees $20,386.00
Books $1740.00
Accommodation/Food $9580.00
Other $7160.00

Total Year 1: $38,866.00

How is this possible? Who would pay that much? And what the heck is this other that students are spending $7160.00 on?

I'm in year 3 of my MD program, and my yearly expenses run at around $20,000 total. And $15,000 of that is my tuition.


The other thing is that average graduation debt for the class of 2010 is $88,000.

This is pretty average for my school as well ($80,000).

Still dumbfounded.

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