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Recruiting Physician Today

Graduating Medical School Debt (in Dollars)

Mar.–Apr. 2008

Public Private
Annual Tuition
and Fees
Total
Debt
Annual Tuition
and Fees
Total
Debt
2001
$12,411
$86,000
$31,296
$120,000
2002
$13,873
92,000
32,649
127,000
2003
$16,332
100,000
34,247
135,000
2004
$19,043
105,000
37,269
140,000
2005
$20,370
115,000
39,024
150,000
2006
$20,978
120,000
39,413
160,000
Annual Rate
11.1%
6.9%
4.7%
5.9%

Source: “Medical School Tuition and Young Physician Indebtedness: An Update to the 2004 Report,” October
2007, Association of American Medical Colleges, www.aamc.org.