Funding medical school

WayOutWestMom
Tue, 09 Aug 2016 22:30:17 +0000

And just by chance if she were to marry a doctor, wow their interest rate would be high.[

No kidding! I remember talking with my financial planner about the time D1 started med school. I remember him shaking his head over the child of one of his clients who had come to him for financial planning. The child and spouse were a pair of newly practicing physicians (both freshly out of residency) with over $750K in combined student debt, plus a mortgage, consumer debt and no retirement or other savings whatsoever. Ouch!

I’m fortunate that D1 is marrying someone who not only has no student debt, but also had $$ in the bank. (Smart guy–he got an all expenses paid STEM PhD.)

D2 has already said she has no interest in marrying another doctor. Her last 3 dating partners have been a computer programmer at a National Laboratory, a clinical pediatric oncological pharmacist and a forest ranger. (She’s still seeing the programmer–and I think the forest ranger-- but the pharmacist got the heave ho. She said he was too much of a “bro”–and if she wanted to date a bro, she’d date the orthopedics resident that keeps hitting on her.)