- Bachelor's degree, in-state public
- About $11,000 to $15,000 a year in tuition
- Medical school
- About $40,000 a year at an in-state public school, closer to $65,000 private
- MCAT (Medical College Admission Test)
- The exam fee, plus $3,000 or more applying and traveling to interviews
- Licensing exams
- Three steps of the United States Medical Licensing Examination: $695, $695 and $955 in 2026
- Board certification
- A further exam from the American Board of Psychiatry and Neurology after residency
Roughly, all in
$195,000 to $330,000
Tuition, fees, exams and kit. Not rent, food or travel
The low end is two years at a community college, two years finishing a bachelor's degree at a public university in your own state, then a state medical school at about $40,000 a year. The high end is a full four year bachelor's degree plus a private medical school closer to $65,000 a year. Both ends include the medical school admission test, the $3,000 or more it takes to apply and travel to interviews, the three steps of the national licensing examination, and the neurology board exam at the end. Residency is paid work, so it adds no tuition, but the loans keep growing through it, and most graduates borrow, so the debt is large.
Most graduates borrow, and the debt is large. If you work for a nonprofit hospital or a university, the Public Service Loan Forgiveness program can clear the balance after ten years of payments.