GITNUX MARKETDATA REPORT 2024

Statistics About The Average Med School Debt

Statistic 1

"The median medical school debt is $200,000 for 2019 graduates."

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Statistic 2

"73% of 2020 medical school graduates reported having education debt."

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Statistic 3

"About 56% of 2020 graduates reported having more than $200,000 educations debt."

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Statistic 4

"Medical graduates from private schools owe an average of $209,367."

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Statistic 5

"Medical graduate students from public schools owe an average of $181,179."

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Statistic 6

"About 14% of 2020 medical school graduates have over $300,000 medical school debt."

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Statistic 7

"The average annual tuition for public, out-of-state students is approximately $59,076."

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Statistic 8

"The average annual tuition for private students is about $64,053."

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Statistic 9

"Among 2020 graduates who borrowed money for medical school, 63% borrowed more than $200,000 to pay for their degree."

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Statistic 10

"Only about 18% of 2020 medical school graduates were debt-free.."

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Statistic 11

"Roughly 80% of medical students graduate with debt."

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Statistic 12

"The average student loan payment for medical school graduates is $1,612 per month."

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Statistic 13

"For medical graduates in 2020, 39% took out loans of $100,000 or more."

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Statistic 14

"For private allopathic medical students, the average debt total is around $200,000."

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Statistic 15

"For graduates of private osteopathic medical schools, their average debt is around $249,000."

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Statistic 16

"For public allopathic medical students, the average debt total is around $175,000."

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Statistic 17

"For public osteopathic medical students, the average debt total is around $229,000."

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Statistic 18

"Around 10% of medical students owe more than $300,000 in loans."

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Statistic 19

"Graduates from the class of 2019 have an average medical school debt of $215,900."

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Statistic 20

"The typical four-year cost of attending medical school is about $250,222 for public schools and $330,180 for private schools."

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