Wayfaring MD

I am a family medicine resident who likes to highlight the hilarious in medicine as I write about patients, medical school, residency, medical missions, and whatever else strikes my fancy.



Disclaimer:
HIPAA is for reals, folks. All of my "patient stories" have been changed to protect patient privacy. I will change any or all identifiers, including age, location, race/ethnicity, sex, medical history, and quotes. Also, I am an anonymous internet person. Why should you trust an anonymous internet person to give you medical advice? Don't ask me, ask your doctor!
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Hi WayfaringMD! Do med students get a stipend? If not, how do you pay for living expenses (i.e., rent and groceries)? Is it all on loans/personal funds? Thanks!
wayfaringmd wayfaringmd Said:

Stipends? 

The vast majority of us do not have stipends of any kind. Those who are on military scholarships get stipends, and some state-sponsored scholarship programs offer modest stipends. But for the rest of us, it’s either mommy/daddy’s money, wifey/hubby’s money, or loans. 

My parents are regular middle class folks, and 

So…. I took out an extra ~$20K/year to live off of (I had a roommate to split costs with, so I was able to get by a little cheaper). Others took out similar amounts, or more or less depending on how many people they had to support with the money. Very few in my class had the personal funds to get through school. I can only think of one, maybe two, that did it that way. 

It’s a terrible system and we all hate it, but no other solution has presented itself. 

For ways to make money in med school, check this post. 

And of course I also have more legitimate answers to questions about loans and money