Friday, August 19, 2011

Debt Burden of U.S. Medical School Graduates, 2003 to 2011

The chart below shows all educational debt of U.S. medical school graduates from 2003 through 2011. The bars show the distribution of debt in $49,000 increments. While the proportion of students with no educational debt declined over the period (16.9% in 2003 to 14.9% in 2011), the proportion of medical students with over $200,000 of educational debt increased from 6.3% in 2003 to 28.1% in 2011. The red and green lines show the average educational debt of all medical students and the average debt of indebted medical students, respectively. The average debt of all medical students increased from $91,000 in 2003 to $118,000 in 2011. For indebted students the average debt load increased from $109,000 in 2003 to $161,000 in 2011. The data used to construct this chart is collected as part of the Association of American Medical College's (AAMC) annual Graduate Questionnaire (GQ).

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