Debt deters docs from primary care
Researchers analysed how this affects graduates’ career choices, looking at all doctors graduating between 1988 and 2000 and who were still practising in 2010. Financial information was available for 136,232 graduates.
Although 20% of the doctors graduated without a debt, the average debt was $113,500. Approximately 11% of the graduates had debts in excess of $183,500.
Students from low-income families were eligible for disadvantaged student loans. They ended up with an average debt of $129,000 which was higher than the debts of other medical students.
Graduates from public medical schools were most likely