The rising cost of a medical degree is a growing concern in the healthcare industry according to a report by the American Medical Association (AMA).
The average student debt for all majors in 2011 was $26,500. But the amount of debt that burdens medical professionals can reach into the hundreds of thousands. According to the AMA, of those students who graduate with student loan debt, the average debt is $166,750. Furthermore, one-third of medical graduates have over $200,000 in debt.
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