- 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
- MCCQE (the national medical exam), then two Royal College exams: general surgery and thoracic surgery
- $1,500 for the MCCQE, plus several thousand for each Royal College exam
- Malpractice fees once practising
- Tens of thousands a year, partly reimbursed
- Roughly, all in
- $74,000 to $169,000
Tuition, fees, exams and kit. Not rent, food or travel
The low end is a three year undergraduate degree at a cheaper university, a three year medical school at the lowest domestic tuition, and the exam fees: the MCAT (medical school admission test), the MCCQE (the national medical exam), and two Royal College certification exams. The high end is a four year degree, a four year medical school at 28,000 a year, and the same exams at their upper fees. Residency is paid work, so those years add no tuition, but most finish medical school owing 80,000 to 150,000. Malpractice coverage costs tens of thousands a year once you practise and is partly reimbursed, so it is a working cost rather than a cost of qualifying.
Typical debt at the end of medical school is $80,000 to $150,000. Eight years of residency pay slows the bleeding but rarely pays it off.