- 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 rheumatology)
- $1,500 for the MCCQE, plus two Royal College exam fees of several thousand dollars each
Roughly, all in
$79,000 to $175,000
Tuition, fees, exams and kit. Not rent, food or travel
Eleven to thirteen years, and these numbers cover only the part you pay for. The low end is a three year undergraduate degree, a three year medical school and the exam fees. The high end is a four year degree plus a four year medical school at Ontario rates near 28,000 dollars a year, plus the MCAT (Medical College Admission Test), applications and interviews. The MCCQE (Medical Council of Canada Qualifying Examination) and the two Royal College exams, internal medicine first and then rheumatology, add several thousand dollars each. Residency is five paid years, and most graduates leave medical school owing 80,000 to 150,000 dollars.
Typical debt at the end of medical school is $80,000 to $150,000. Five paid residency years help you pay it down.