"Harry Krause" wrote in message
...
Eisboch wrote:
Harry Krause wrote:
Maybe he had to repeat dental school a few times...
Gotta admit Harry, that one was good for sprayed keyboard.
LOL
Eisboch
Well, it's about $10,000 to $40,000 a year or so for a place like Tufts.
My dental school ran about $15000/yr for in-state tuition, plus books and
supplies. Of course, I also needed money for living expenses...and I
borrowed some extra to float me for the 4 1/2 months that I couldn't
practice after graduation while I was waiting for my board results.
I graduated with just a bit over $105,000 in school debt. The total figure
that I mentioned is (from highest to lowest): house, business loan, school
loan, car loans (2), business line of credit, and miscellaneous same-as-cash
deals for 3 A/C's, 2 x-ray units, and a server that I had to buy this year.
The school loan is locked at 7% over 30 years, and you can't consolidate at
a lower rate once you've already done it once. The only other loan that has
an interest rate over 5% right now is the damn business purchase loan that I
got in 1999. I got that one with no co-signer for 100% of the purchase
price of the practice...but the only way the lender would agree to no
co-signer was if they could lock me in with a steep early-payoff penalty for
the first 7 years of the 10 year note.
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