Student Loan

(redirected from medical student debt)
Also found in: Medical.

Student Loan

A loan one uses to pay for postsecondary education. A parent, guardian or the student may take out a student loan. In the United States, the federal government subsidizes or guarantees some student loans to enable more people to attend college. Interest on student loans is also tax deductible in the United States. However, because universities in the United States are often so expensive, many students spend a significant portion of their income on student debt service.
References in periodicals archive ?
Our work suggests that the burden of medical student debt is substantial and that the distribution of debt across race and ethnicity is disproportionate," says Galea.
The report also reveals that the average medical student debt on graduation has risen from pounds 23,909 to pounds 24,092.
Students undertake a five to six-year medical course and the report reveals the average medical student debt on graduation has risen from pounds 23,909 to pounds 24,092.
As medical student debt rises, this problem will be exacerbated.
On average, medical student debt is $155,000, he said, adding that "students and residents need help identifying funding sources and managing financial issues.

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