Why can't doctors pay off their 200k loan in two years?Why does it take them 15years?

<p>^Much more than I wish. Specifically living in the system, loosing my own mother to the system, almost loosing my infant S. Very sad stories. Those who pointed to the fact that the groups at the most risk are infants and retirees are absolutely correct. Yes, the groups outside of “productive resources” are at the most risk. They are treated like somebody who could be disposed of easily to keep the cost down, not very humane treatment. Everything requires money, If money are not there because they are spent on administration (absolute must under gov. system), then something has to give. Money do not grow on trees. You cannot continue printing them indefinitely, eventually this type of approach collapses. There are books out there with pretty slogan about living in utopia. Well, while some of us know very well thru our sad life experiences that they are nothing but slogans created for control freaks, others are still believing in them. Go on believing, I am not trying anybody to change, but stating that this slogans can be implemented is just an opinion based on nothing, no single successful story in the whole entire world, NONE.</p>

<p>Having strong, fact-free opinions isn’t evidence-and neither are ancedotes. Bottom line: Canadians, on average, live longer than Americans.
Life expectancy in Canada is slightly higher than the average among the countries ranked here. The average Canadian born in 2009 can be expected to live 81.2 years. Five countries have higher life expectancies than Canada—83 years in Japan, 82.3 years in Switzerland, 82.1 years in Italy, 81.6 years in Australia, and 81.4 years in Sweden. The average American will live to be just over 78.
[Life</a> expectancy - Canada and world results](<a href=“http://www.conferenceboard.ca/hcp/details/health/life-expectancy.aspx]Life”>Life Expectancy - The Conference Board of Canada)
Does this make the Canadian system better or worse than what we’ve got in America? If life expectancy is the measure, then the answer is “yes”.</p>

<p>(I believe the answer you meant to write is “better”?)</p>

<p>… OVB?</p>

<p>[Omitted-variable</a> bias - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Omitted-variable_bias]Omitted-variable”>Omitted-variable bias - Wikipedia)</p>

<p>Believe in whatever you wish to believe, everybody is entitled to this, including me. I will never change my opinion based on few decades of experience. You can base your on all kind of statistical data, your choice. Be carefull what you wish for though, but it is rolling on us, wishing or not does not make any sense now. wishing made sence in the 2008, now it is over with, it is fact of life. Just be prepared for far away trips, unless you take another choice (much shorter trip under). I am not sure which one I would choose…</p>

<p>getting more or less back on topic, this weekend my S and DIL were at the wedding of friends–both just graduated from medical school, both with the requisite boatloads of loans. </p>

<p>Scary!</p>

<p>Their plan is to live on one salary and to basically use the entire other salary to whack away at their joint debt.</p>

<p>They are lucky they had a successful couples match.</p>

<p>Marrying a high earner is a valid strategy to repay med school loans faster. It brings to mind, though, that other thread about Sugardaddies.</p>

<p>^It also requires time, which is a very lmited commodity while pursuing career in medicne. The most likely scenario is that MD is working and a spouse is at home taking care of kids. Much much more likely than getting married to a Facebook founder.</p>

Sorry to revive an old post, but i didn’t see anyone say it so i guess i will. With loan repayment, there is a maximum amount you can pay each month. This insures that no matter how fast you pay it back, whoever gave you the loan will still receive an interest payment from you. So let’s say that a doctor makes 150k a year after taxes, sure that’s fine, but they are only allowed to repay per se $400 a month. Which is why you never see anyone repay their loans in under 4 years or so anyways.

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