Example: assume I borrow 200k direct unsubsidized federal loans, attend med school for 4 years, residency for 5 years, and make a salary of 300k as an attending. The current federal unsubsidized student loan rate is 4.3%, and the origination fee is ~1.06%.

Medical School: let's say I borrow semester-by-semester to minimize interest accrual.

- (0.043/365) x 25,000 x 182.5 = 537.5

- (0.043/365) x 50,000 x 182.5 = 1075

- (0.043/365) x 75,000 x 182.5 = 1612.5

- (0.043/365) x 100,000 x 182.5 = 2150

- (0.043/365) x 125,000 x 182.5 = 2687.5

- (0.043/365) x 150,000 x 182.5 = 3225

- (0.043/365) x 175,000 x 182.5 = 3762.5

- (0.043/365) x 200,000 x 182.5 = 4300

- Total = 19350 + 200,000 =
**$219,350**

- 25,000 x 0.0106 x 8 = 2120 + 219,350 =
**$221,470**

- What does the math look like at this stage?

- What does the math look like at this stage?

- I know some attendings enter 10-year/25-year repayment plans. Why would you do this when you can live below your means and pay off all your loans in 2-3 years?