Loans account for the major portion of financial aid available to medical
students. In the academic year 1996-1997, 80.1% of all available financial
aid came from loans, and medical students borrowed more than $1.11 billion.
Of the 1997 medical school graduating class, 83.2% had educational debt, 46%
of whom had mean educational debt levels higher than $75000.
Beran RL, Lawson GE. Medical Student Financial Assistance, 1996-1997. JAMA. 1998;280(9):819-820. doi:10.1001/jama.280.9.819