- Undergrad degree (3 to 4 years)
- $7,000 to $10,000 a year
- Medical school, the MD (doctor of medicine), 3 to 4 years
- $15,000 to $28,000 a year
- MCAT (medical school admission test), applications, interviews
- $2,000 to $5,000
- Licensing exam (the MCCQE, the national medical exam) and two Royal College exams (internal medicine, then nephrology)
- $1,500 for the MCCQE, plus two Royal College exam fees of several thousand dollars each
Roughly, all in
$76,000 to $170,000
Tuition, fees, exams and kit. Not rent, food or travel
The low end is a three year undergraduate degree and a three year medical school at the cheaper end of Canadian tuition, plus the MCAT (medical school admission test), the MCCQE (the national medical licensing exam) and the two Royal College specialty exams, first in internal medicine and then in kidney medicine. The high end is four years of each at higher tuition and the full range of exam and application fees. The five residency years after medical school are paid work, so they add no tuition here. Most graduates leave medical school owing $80,000 to $150,000, and the interest on that borrowing is real money but is not counted in these figures.
Typical debt at the end of medical school is $80,000 to $150,000. Five paid residency years help you pay it down.