I'm a doctor and even I can't afford my student loans

https://www.nytimes.com/2018/08/20/opinion/medical-school-student-loans-tuition-debt-doctor.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-right-region&region=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region

Last week, the New York University School of Medicine became the first medical school in the nation to become fully tuition-free. Dr. Robert Grossman, dean of the medical school, cited young physicians’ “crushing debt” as an impetus for the move. One may think that doctors, with their gigantic salaries, are immune to student debt worries, but Dr. Grossman’s announcement made official what many medical school students have long known: The crisis of paying for education has finally caught up with the one percent.

My personal experiences highlight the magnitude of the problem. Upon graduation from medical school in 2013, I owed approximately $180,000 in student debt — what might seem an outrageously high number that is actually about $10,000 less than the average for today’s medical school graduates. I scrounged and saved during residency, living in a tiny Chinatown apartment, riding my bicycle to work every day, and sneaking expired patient sandwiches for lunch so that I could make my monthly $700 debt payment. Yet upon completing residency, the amount I owed had, to my disbelief, increased to $188,000 — all my efforts had not been enough to cover even the interest accumulating on my loans.

Growing up, I expected a career in medicine partly to be a ticket out of the working-class circumstances I grew up in. My parents, immigrants from rural Iran, struggled to provide opportunity for their children. A career in medicine promised a better future ahead. But five years after graduating from medical school, that future still seems on a distant horizon. I cannot afford to buy a house, still ride my bicycle to work and continue to skimp on meals in order to cover more than $3,000 in monthly loan payments.

I am far from alone. A mentor in residency, several years my senior and making over $200,000 per year, once revealed that she had moved back in with her mother just to get a handle on her student loans. Another colleague had a marriage proposal rejected because of his mortgage-size debt.