Buy the BEST personal statement writing book: a.co/d/6vHt4EK In the book, I show you how to write a powerful personal statement step by step. I also share my best tips for filling out the CASPA application!
I’ve paid off undergrad. All told I’ll be down 160k for pa school and living expenses. Those numbers seem pretty average. The interest on that alone will be ~800 a month. 6% of 160k ~10k a year. So to pay it off in 10 years it would be several thousand a month. That’s reality unless you got into a state school or had help paying from your family.
160k is pretty average for people with masters degrees. If you’re a PA there are many loan repayment options though. Look into medical service corps contracts which pay you a normal PA salary plus 25k/year toward your student loans. Also look into military and VA options with loan repayment written into the contract.
You’re right. I have health benefits through the VA so it’s not something I think about. That would change this budget by a few hundred dollars per month depending on the size of your family.
According to the AAPA salary report the median pay was creeping up 2-3% annually for a while, had a big jump from 2018 to 2019, and had been basically unchanged since then. Yes there are more mid level grads coming out, especially NPs, but the demand for healthcare is also increasing as our population is getting older and less healthy overall. Impossible to predict what’s going to happen.
Buy the BEST personal statement writing book:
a.co/d/6vHt4EK
In the book, I show you how to write a powerful personal statement step by step. I also share my best tips for filling out the CASPA application!
I’ve paid off undergrad. All told I’ll be down 160k for pa school and living expenses. Those numbers seem pretty average. The interest on that alone will be ~800 a month. 6% of 160k ~10k a year. So to pay it off in 10 years it would be several thousand a month. That’s reality unless you got into a state school or had help paying from your family.
160k is pretty average for people with masters degrees. If you’re a PA there are many loan repayment options though. Look into medical service corps contracts which pay you a normal PA salary plus 25k/year toward your student loans. Also look into military and VA options with loan repayment written into the contract.
First video I watched from you... Will be binging them all! Thank you :)
Wow that’s so nice of you to say, thank you! So glad you find my videos helpful
Thank you for this
You’re very welcome. Thank you for watching 😎
You forgot about medical insurance.
You’re right. I have health benefits through the VA so it’s not something I think about. That would change this budget by a few hundred dollars per month depending on the size of your family.
I heard the average salary is going down due to the large boom in new midlevel graduates. I wonder if it’ll become too saturated in 5-10yrs.
According to the AAPA salary report the median pay was creeping up 2-3% annually for a while, had a big jump from 2018 to 2019, and had been basically unchanged since then. Yes there are more mid level grads coming out, especially NPs, but the demand for healthcare is also increasing as our population is getting older and less healthy overall. Impossible to predict what’s going to happen.