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How do students support themselves throughout medical school?

As an undergraduate, I know that I will be taking out student loans to cover the costs of my tuition, lodging, and food. I also know that the same might be true during medical school; however, I am wondering at what point you start being paid. For example, are residents in medical school paid for their service? Or is residency similar to being a student teacher, which is essentially an unpaid internship?


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Karin’s Answer

Hi Zachary,

It's great that you are on your way to become a medical doctor!

You are going to be in school/training for a long time (4 years undergrad + 4 years med school + residency + possibly fellowship). It's important that you keep the amount of debt as small as possible.

As an undergraduate attend a state school, use scholarships, take classes at a community college, pick up a job to limit the amount of debt. If you can come out of undergrad without debt, that would be perfect.

Medical school is expensive and scholarships are not so common. So, you will accumulate debt at that stage unless you get into an MD/PhD program (that's even longer than just med school) or go the military route.

As a resident doctor, you will get paid. Depending on your specialty, the average salary of a resident doctor is currently in the range of ~$70000-80000.

I hope this helps! All the best to you!

KP
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