- Undergrad degree (3 to 4 years)
- $7,000 to $10,000 a year
- Medical school (3 to 4 years)
- $15,000 to $28,000 a year
- MCAT (medical school admission test), applications, interviews
- $2,000 to $5,000
- MCCQE (the national medical exam) plus the Royal College exam
- $1,500 for the MCCQE, plus several thousand more for the Royal College exam
- Research years or fellowship
- 1 to 3 extra years at roughly resident pay
Roughly, all in
$73,000 to $168,000
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 Royal College certification exam. The high end is four years of each at higher tuition with the full range of application and exam fees. The long residency, and any research or fellowship years on top, are paid at roughly resident wages, so they rarely add tuition. What the numbers hide is time: typical medical school debt of $80,000 to $150,000 sits there while you earn a resident salary into your mid thirties.
Typical debt at the end of medical school is $80,000 to $150,000, and you will not earn a full income until your mid-thirties.