Average Debt

According to the 2017 Graduation Questionnaire survey by the Association of American Medical Colleges, medical students who graduated in 2017 (and reported educational debt) had a median debt of:

  • $195,000 (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) 11.9 24.6
$1 to $49,999 8.8 6.3
$50,000 to $99,999 6.9 6.6
$100,000 to $149,999 6.9 10.4
$150,000 to $199,999 20.1 15.2
$200,000 to $299,999 39.6 25.8
$300,000 to $399,999 5.0 8.7
$400,000 to $499,999 0.6 1.7
$500,000 or more 0.0 0.7
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