Yeah, well if you knew the truth you might be surprised. How long does it take to pay back $300K at 8% that can flucuate based on the market? Of course I am not living at home in my momma's basement, but that would be easier I guess. Not everyone graduates medical school before they are 30, and few finsih residency before that.
You union scholars might think it is easy to do so, but I had friends who were 40 when we entered residency. You don't get to pay back the loans during that time, and probably half of the people who go to medical school are not wealthy enough to have that kind of money laying around.
It would probably surprise you to know just how many docs are still paying off these loans.
BTW, they are immune from Chapter solvency, so claiming bankruptcy won't help you either.
No one gave me a silver spoon, nor provides benefits since I am self employed.
Ironically I had a fellow classmate who entered medical school at the age of 45. She must have really wanted to be a doctor, since she would have been close to 53 when she finished her residency. No she works in a small family practice clinic in WV.