Son is a med student and unfortunately he is not in the least bit concerned about his debt which he knows will be very large. Quite happy to keep borrowing. He has also worked out his starting payrate of around $17.50 an hour (which is now less than what rest home carers will get) but knows in the longer term it will all be manageable.
Is the starting payrate that he worked out for when he is still within his 6 year's of study doing work experience, or after when he has graduated?
it can't be after he's graduated, as shown by my calculation.
the only time they get paid before they graduate is in the 6th year of study, an annual payment of around 26k.
my calculator puts it at $514 a week. hourly rate would depend on how many hours they worked. but not $17.50
not sure where he gets $17.50 from sorry.
That story was from 2005 lol surely it's changed after 12 years?
Do med students actually get paid only around $25 when they graduate?