The financial realities of a top-notch medical education are definitely having undesirable consequences for society and young physicians. And some of those consequences are directly opposed to the stated goals of most medical schools. What are the realities? The cost of a medical school education keeps rising. Today, four years of med school can easily…
Stanford Gift Helps Eliminate Med School Debt
A $55 million contribution to the Stanford University School of Medicine made by John Arrillaga, a leading Bay Area businessman, philanthropist, and Stanford University alumnus, will help eliminate medical school debt for incoming students qualifying for financial aid. Arrillaga was the recipient of financial aid himself as a student-athlete at Stanford in the late 1950s….
How Much Does it Cost to Apply to Medical School?
The cost of attending med school is well over $100,000 (yikes!), and on top of that, you’ll need to pay to apply to med school. Medical school application cost breakdown Let’s look at how much the different application components cost: MCAT costs The MCAT registration fee is $320. This includes the cost of the exam…
Entrepreneurship at HBS: How Stride will Help You Fund Your Future [Episode 341]
Learn about HBS 2+2 from Tess Michaels, entrepreneur and HBS 2+2 student [Show Summary] Stride Funding is an innovative start-up that is revolutionizing student financing with income share arrangements instead of traditional student loans. Today Linda talks to Tess Michaels, founder of Stride Funding, and second-year student at Harvard Business School who joined the class…
Comparing In-State and Out-of-State Medical School Acceptance Rates
You’re applying to medical school. You know the drill – you have the best chance of getting into your home state med programs AND they’ll be your most affordable option (usually). But what if you apply and don’t get into the in-state schools? Or what if your state doesn’t have the best programs for you?…
Where MedEd Tuition Goes? This Resident Has a Surprising Answer [Episode 331]
Interview with Dr. Daniel Barron, MD/PhD, resident physician at Yale University and writer for Scientific American [Show Summary] Dr. Daniel Barron is Chief Resident at Yale’s Neuroscience Research Training Program and Clinical Neuroscience Research Unit. In today’s episode he shares the various twists and turns in his med school education and career that helped him…
Making Sense of Those Financial Aid Awards Letters
Congrats! You have received multiple offers of admission to health professional schools. Any one of them would satisfy your educational goals. The question remains, though, of which of these programs will provide you with the best financial aid package. Do you need financial aid? Probably The most practical approach begins by understanding your financial needs….
Financial Planning for Physicians, Med Students, and Premeds [Episode 293]
Interview with Ryan Inman, President and Financial Planner at Physician Wealth Services [Show Summary] How are you going to pay for medical school? How are you going to pay off your med school debt after you start practicing? How will you be able to afford a home and some of the comforts you’ve worked so…
Life of a Former Med Student, Now Physician [Episode 290]
Interview with Dr. Charles Cochran, anesthesiologist and blogger [Show Summary] Are you wondering what life is like as a med student? Resident? Practicing physician? Do you want to graduate without mountains of debt? Do you want to be able to have work/life balance when you start practicing? Interested in rural medicine? Anesthesiology? Hear from Dr….
The Military: One Way to Get an MD Debt-Free [Episode 266]
Become an MD Through the Army, Debt Free! [Show Summary] Are you interested in practicing medicine in an environment that allows you to focus on clinical excellence? Do you want to have the option of practicing medicine in a host of different environments? Is it important for you to emerge from medical school debt-free? Do…
