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I mean, my monthly student loan payments in the US for a degree in healthcare is $1300 USD per month. It comes out to about 40% of each paycheck. That’s a signi
by lynngr80 7mo ago
I mean, my monthly student loan payments in the US for a degree in healthcare is $1300 USD per month. It comes out to about 40% of each paycheck. That’s a significant amount. I’d honestly consider moving abroad to avoid paying it. It’s debilitating and I can barely survive while making payments.
- retired 7mo agoWow. For The Netherlands it is 4% of your income, but only the part of your income above minimum wage. If you earn €40k, minimum wage is €26k then you pay 4% over €13k = €520 per year = €43 per month. The average medical student is around €50,000 to €60,000 in debt.
- mysterydip 7mo ago€50,000 / €43 / 12 is more than 96 years. Is anyone expected to pay their loans off, or in other words how much debt is forgiven each year?
- morgoo 7mo agoI'd assume that medical graduates are earning a lot more than €40k