Average Debt

According to the 2018 Graduation Questionnaire survey by the Association of American Medical Colleges, medical students who graduated in 2018 (and reported educational debt) had a median debt of:

  • $200,000 (nationwide)
  • $200,000 (University of Minnesota Medical School)

Figures include both premedical and medical school debt and are broken out in more detail below.

Indebtedness: Minnesota vs. nationwide

Debt Level Minnesota (%) All Medical Schools (%)
No debt ($0) 10.9 25.3
$1 to $49,999 7.9 6.1
$50,000 to $99,999 3.0 6.4
$100,000 to $149,999 9.7 9.6
$150,000 to $199,999 21.2 13.9
$200,000 to $299,999 41.8 26.3
$300,000 to $399,999 5.5 9.5
$400,000 to $499,999 0.0 2.2
$500,000 or more 0.0 0.7
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