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Just a spot check - but a DVM at the University of Florida (the first vet school that popped into my head) is $30k/year for tuition and books. At 4 years, that'
by jonwachob91 2y ago
Just a spot check - but a DVM at the University of Florida (the first vet school that popped into my head) is $30k/year for tuition and books. At 4 years, that's a $120k degree - but from my understanding, starting a vet practice is over a $1MM, so it's safe to assume buying an existing vet practice is at least $1MM, and I don't think $120k in debt would be THE limiting factor for buying a $1MM+ practice. (and that's assuming a recent DVM vet buying the practice, not a 10+ year experienced vet that's probably already paid off their student loads)
[0] https://education.vetmed.ufl.edu/wordpress/files/2023/07/23-24-Cost-of-Attendance_UF-CVM.pdf https://education.vetmed.ufl.edu/wordpress/files/2023/07/23-...
- FireBeyond 2y agoIt stands in stark contrast to dentistry. Two new grads I know (of middle class means) were able to get $3-5M loans with little to nothing down, and no other collateral, to acquire a practice and to start a practice.