Medical school is expensive. There are no two ways about it. Fortunately there are scholarships available. We already covered the Air Force HPSP scholarship in session 18. For this session, we are talking with the National Health Service Corps (NHSC) from the US. Department of Health & Human Services.
Authorized in 1974, the NHSC was created to address the shortage of primary care physicians, especially in rural America.
Want to go to medical school for free? Travel the world? And fulfill your passion of being a physician? Ok, enough of the sales pitch. Session 18 of The Premed Years is an interview with TSgt Satinksy. She is the Air Force Health Professions Scholarship Program recruiter for the New England area.
This is a topic that I covered a little bit with the Lost in PreMed Podcast, and something I probably could have covered myself.
Read MoreAccording to the American Medical Association (AMA), the average debt facing medical school graduates in 2011 was $161,290. At the current professional student loan rate of 6.8%, you are looking at almost a quarter million dollars in total cost of medical school. The cost of tuition has gone up 50% over a 20 year period for private medical schools and 133% for public medical schools[1]. Paid over 10 years, the total price of the current average loan is $222,735. What are your plans to pay for this? A mortgage, a car payment and student loan payments, it is no surprise that doctors are struggling paying their loans.
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