Will Changes to the Student Loan System Worsen Physician Shortages?

gandalf78
Thu, 26 Jun 2025 18:11:16 +0000

My son-in-law has just completed his second year in medical school, and applied (and was approved) for yet another loan from his medical school. His total debt for 3 years of medical school will be $300K at 9%. His father is an anesthesiologist but is not helping pay for medical school, because he just finishing paying for college for one child – who graduated a year ago – and has another child who still is a year away from completing his undergraduate degree. So while my son-in-law’s parents have a pretty good net worth, as a practical matter it is not going to have an impact on my son-in-law getting through medical school.

I understand that situations vary from family to family.