The Miami Herald points to another reason your medical bills may seem higher than ever:
New doctors are facing increased medical school student debt. Along with that debt comes the need to see more patients to make more money to pay down that steadily rising expense.
Medical students coming out of the Dr. Kiran C. Patel College of Osteopathic Medicine at Nova Southeastern University in Davie reported the highest student debt in the nation at $259,422, based on 2015 graduate debt in a recent 2017 report produced by Comet, a Delaware company that studies student loans. Comet sourced data from the Association of American Medical Colleges.
NSU and the University of Miami’s Miller School of Medicine were the only Florida medical schools to make the 50 highest student debt list. Both schools are private. UM was ranked No. 36 with $183,947 in graduate debt.
The data was submitted by 113 ranked medical schools to U.S. News & World Report for the annual survey.
For more information on the issues surrounding medical debt, please contact RIP Medical Debt.