A recent study by Student Loan Hero, a debt management solutions provider, suggests the average medical student may accrue approximately $164,800 in debt. However, attending one of the following 10 institutions may allow students to reduce their debt by $42,231, on average, according to a USA Today College report.
To identify the most affordable medical schools in the country, Student Loan Hero surveyed 110 medical schools according to three factors: annual tuition costs, average indebtedness at graduation and the percentage of borrowers receiving institutional aid.
Here are the top 10 most affordable medical schools, according to Student Loan Hero.
1. East Carolina Brody School of Medicine (Greenville, N.C.)
2. University of New Mexico School of Medicine (Albuquerque)
3. Baylor College of Medicine (Houston)
4. Texas A&M College of Medicine (Bryan)
5. Mayo Clinic School of Medicine (Rochester, Minn.)
6. Texas Tech University Health Sciences Center School of Medicine (Lubbock)
7. University of Central Florida College of Medicine (Orlando)
8. David Geffen School of Medicine at UC Los Angeles
9. University of Texas Southwestern Medical Center (Dallas)
10. University of Texas Health Science Center San Antonio Joe R. & Teresa Lozano Long School of Medicine