As the cost of medical education continues to rise, surgical residents are on increasingly unstable financial path, according to an article in the Journal of the American College of Surgeons.
Here are three things to know:
1. The study authors surveyed all surgical trainees at a single academic medical center; 80 percent —105 trainees — responded.
2. Overall, 82 percent of respondents had a moderate or high risk debt-to-asset ratio, and 38 percent of respondents had more than $200,000 in educational debt.
3. The majority of respondents — 79 percent — felt additional financial training in residency education was needed.
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