4/11/13
Bernanke’s Son
Even Federal Reserve Chairman Ben Bernanke’s son can’t expect to escape the debt burden. The elder Bernanke testified before Congress last year that his son is on track to leave medical school with $400,000 in loans. The figure may include accrued interest and undergraduate costs. His son attends Weill Cornell Medical College in New York, according to the school directory. Bernanke, through a spokeswoman, declined to comment.
The median four-year cost to attend medical school -- which includes outlays like living expenses and books -- for the class of 2013 is $278,455 at private schools and $207,868 at public ones, according to the Association of American Medical Colleges, a nonprofit group of U.S. schools.
Record numbers of students still want to become doctors. First-time applicants to U.S. medical schools rose to 33,772 in 2012 from 24,884 a decade earlier, according to AAMC. New enrollment at U.S. medical schools grew 1.5 percent to 19,517 students, the highest ever.
more...
http://www.bloomberg.com/news/2013-04-11/medical-school-at-278-000-means-even-bernanke-son-carries-debt.html
= new reply since forum marked as read