ABC News’ Z. Byron Wolf reports: Georgetown Medical Student Mary Vigil told President Obama she would have about $300,000 in debt when she graduated from medical school – a staggering figure and part of the reason that physicians are forced to eye the bottom dollar as they treat their patients.
But Vigil, the first person in her family to attend college, has a much higher debt than the average graduating medical student, according to the American Medical Association.
The $139,000 that AMA showed in 2007 is less than half the debt Vigil will have. While not a paltry sum, it is far less than $300,000.
While Vigil’s debt may be larger than average, the existence of the debt is no different. Three quarters of graduating medical students have debt of more than $100,000, according to AMA.