By the end of medical school, most students (80 percent) owe more than $100,000 in student loans. That figure is expected to increase over time with rising interest rates on student debt. However, there are a few highly regarded medical schools in the U.S. that have maintained affordable tuition costs, according to MedicalSchoolsinUSA.com.
MedicalSchoolsinUSA.com provides free information to medical students through research, articles and guides. Here are the top five most affordable medical schools in the U.S., based on 2016 tuition data, according to the website.
- Texas A&M Health Science Center (Bryan) — $16,400 in-state yearly tuition and fees
- University of North Texas Health Science Center (Fort Worth) — $19,000 in-state tuition and fees
- University of New Mexico (Albuquerque) — $19,200 in-state tuition and fees
- Marshall University (Huntington, W.V.) — $20,000 in-state tuition and fees
- East Carolina University (Greenville, N.C.) — $22,200 in state tuition and fees
The average cost of most medical schools in 2016 was roughly $50,000 in tuition, compared to the average of $20,000 from the medical schools mentioned above, according to MedicalSchoolsinUSA.com.
More articles on finance:
IASIS Healthcare records $34.6M operating loss: 7 things to know
Brigham strike, Epic implementation drag Partners' earnings
Aequitas in negotiations to sell health payments division