Medical students and debt!

Yeah, banks are stupid like that. I didn't have enough in my account at the start of term to pay tuition fees. I took my student loan letter to HSBC, showing that there was a large amount of money coming in, but it had been delayed. For whatever reason, they refused. idiots.

No-one gets paid just a basic salary though - with banding it's between 26 and 30K, in London some PRHOs earn (with weighting) up to 32K. And the salary increases pretty much every year, even at consultant level.

Apparently banks love medical students because they're 'set up for life', but i've yet to receive such pleasantries!

edit: and £20k in two years is just reckless spending.

Preclinical medicine leaves very little time for part time work (and even still, I work - probably earn an extra £5k a year that way), clinical medicine will leave even less..

Is it?

Mortgage repayments, travel, bills, text books. We only have 2 weeks holiday at Christmas and Easter, so it's not easy finding vacation work to clear your term time debts either...

Preclinical medicine leaves very little time for part time work (and even still, I work - probably earn an extra £5k a year that way), clinical medicine will leave even less..

Living on a meer £15K a year in London isn't easy...

So, Mr Pav. I'd becareful about making judgement until you have the slightest idea of what you're talking about!!! Idiot!

I'd appreciate if you wouldn't call me an idiot because you disagree with me and obviously feel frustrated. I don't know any students personally that have accumulated £20k debt in 2 years, that live in London. This discussion has been kept civil so far, at least on my side, though it's clear that you feel it is necessary to call me names and make assumptions I'm rich.

edit: Thanks for the neg rep, I won't be reciprocating.

5k?! you either get paid ~£10 an hour or just work loads

I'm not gonna have any savings to take to uni, stupid world challenge

My pleasure - hense the fact I signed it
You can't know many students in london at all then. The average London med stu debt at graduation at the moment stands at £37k.

A lot of my friends are £15k in debt at this point - i.e. 4 terms in. It's not through blowing money, but through living on the bread line. Especially when you factor in travel to placemanets etc. It gets very expensive very quickly.

As you claim you come from a family with an annual income of less than £15k, you of all people should appreciate that...

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Mortgage repayments, travel, bills, text books. We only have 2 weeks holiday at Christmas and Easter, so it's not easy finding vacation work to clear your term time debts either...

Preclinical medicine leaves very little time for part time work (and even still, I work - probably earn an extra £5k a year that way), clinical medicine will leave even less..

Living on a meer £15K a year in London isn't easy...

So, Mr Pav. I'd becareful about making judgement until you have the slightest idea of what you're talking about!!! Idiot!

... because so many med students have mortagages don't they? it may be the case for you, i don't know, but it certainly isn't the norm. As for London... i'm a raving loon of a northerner, so i'm not exactly neutral, but i could have opted for a pre-reg place in london (pharmacy), and got paid over £3,000 more. London living is expensive, i know and people bang on about it enough, but that is compensated for when you get a job there.

PS: -ve rep for expressing an opinion. despite not giving a toss about rep, what's the point?

Fair enough, if you feel that way. I still stand by the fact that you're only talking about london here. Up here in Manchester the people with houses are people with rich parents who then let their son/daughter live in it, and get rent from their friends, but thats still very rare. Looking further afield from london, your points become less valid.

Also, the travelling expenses and stuffis a fair point, except the figure of £20k quoted is after 2 years, and to my knowledge, medics don't reeeally go on placement until 3rd year (though i may be wrong), so that figure for people living outside of london with no mortgage and not on placement (ie. most 1st and 2nd years), it still seems dubious how they've got into such debt.

Actually they do. Quite a few '19 year olds' in my year have bought places in London over the summer and have mortgages to pay. Can work out much cheaper than renting...

And the neg rep was for a) calling me wreckless, when I live below the poverty line! and b) for going on about coming from a relatively poor familiy in monetary terms, expecting me to go 'awww diddums', despite the fact that the majority medics are from very affluent backgrounds - WA or not! and yet still having the audacity to call me wreckless! What a fool!

That's the first time I've given neg rep for ages, I felt it was deserved, and I signed it.

You live below the poverty line because you're not in full time employment, it doesn't count.

If you didn't assume that I was rich, I would not have wrote that. You expected me to go along with it, even though it isn't true?

LMFAO!! Thanks - that one is going to keep me giggling well into the new year? Ever thought of running for parliament?

That's like saying - Ah! well you;re an imigrants, doesn't count! Boy! You could solve so many of the UKs problems with that attitude!!!



and by calling me wreckless, you must have been making assumptions about my financial background. How can living on less that £15k a year be classed as wreckless? It's a good job I sold the Bently and the private jet!!!

And your posts have little merit. IMHO you are chatting rubbish, and being terribly hypocritical! You have a go at me for saying that most medics are wealthy (which they are, as you might get the chance to see for yourself!), and then call me wreckless for having debt!!! Making judgements after making an issue of my apparent judgement in the first place... the neg rep was for your hypocrasy, and again it was signed.

edit: and £20k in two years is just reckless spending.

This comment would have done the job