Stansberry’s Investment Advisory.m4v; is it true that for medical school after residency . paying the loan debt is easy?

Jim Rogers’ advice for the “End of America” – bit.ly Set in December 2012. This speech details what we believe the President might say on the day America’s foreign creditors finally stop lending us money, and demand repayment for our country’s debts… The largest debts EVER accumulated in the history of mankind.
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Question by TofuTti: is it true that for medical school after residency . paying the loan debt is easy?
i want to be an anesthesiologist or dermatologist.

if i had about 300,000 loan debt. how long is it to pay the debt?
is it hard?
worth it?

Best answer:

Answer by R. Gaspari
I’m of the opinion that it’s only worth it if you like the profession. Dermatology is very difficult to get into (not many spots) and they take the cream of the crop. A 300k debt is tough and you’ll likely be in deferment/forbearance (not paying during residency) but after it’s done you’ll be able to repay within a decade. Don’t let that be the limiting factor. My debt was about 180k after med school so 300 is a bit much, but still doable so long as you make a good income. Anesthesiologists do well so you’d not have a problem there either.

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