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How much did their education cost? At least in the US, doctors don't make that much after student loan payments, insurance, etc.
by derekp7 8y ago
How much did their education cost? At least in the US, doctors don't make that much after student loan payments, insurance, etc.
- signalsmith 8y agoAre you asking how much it costs to get a medical degree as a UK citizen? In England* there is a cost (£9250/year), but it's slightly misleading to think of it like that because of how Student Loans work here. You pay nothing on your Student Loan up to a certain income (£25k, or $33k), 9% past that point, and then the remainder gets forgiven after 25 years. So in practice, it's an additional marginal tax rate for having gone to university. (* different elsewhere in the UK - e.g. free in Scotland)