Tag Archives: tuition

From Broke to Bank: Money Lessons Med School Skips

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Med School ROI: Still Worth the Debt?

Doctors make bank, so why do they feel poor? We’re breaking down the brutal reality of medical money myths—starting with the lie that your six-figure salary will solve everything. With financial advisor Tyler Olson, M4s Jeff Goddard and Trent Gilbert, and M2 Luke Geis ask whether med school is still a good investment or just an expensive trap wrapped in prestige.

We talk always-on-the-verge-of-disappearing Public Service Loan Forgiveness, we drag lifestyle creep, go full scorched-earth on bad budgeting, and explain why even a half-million bucks a year won’t automatically save you from living paycheck to paycheck. If you’ve ever looked at an attending and thought “they must have it made,” this episode will explain why they often don’t.

Learn what to do before residency, how to prep for your 4th-year expenses, why disability insurance might be more important than your board scores, and whether that $15/month budget app is actually worth it. Spoiler: Tyler prefers sticky notes on mirrors.

Oh—and if you thought $275K was a lot, wait until taxes take their cut.

Episode credits:

  • Producer: Jeff Goddard
  • Co-hosts: Luke Geis, Trent Gilbert
  • Guest: Tyler Olson, Olson FP

[URL template for episode https://media.blubrry.com/theshortcoat/podcast.uiowa.edu/com/osa/CHANGETHIS.mp3]

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Continue reading From Broke to Bank: Money Lessons Med School Skips

What About Choosing the Cheapest Medical School?

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Given how much med school costs, isn’t it best to go for your cheapest option?

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[This episode is sponsored by Panacea Financial, a Division of Sonabank, Member FDIC. Please support our sponsor by visiting https://panaceafinancial.com/]

A listener we’re calling Victor Von Stateschool called us at 347-SHORT-CT to continue the recent spate of listener questions about choosing a medical school. Sure, prestige is something to consider…and yes, perhaps moving away from home to broaden your horizons is a good idea…but what about just picking your cheapest option even when you have the stats to go elsewhere? MD/PhD students Sahaana Arumugam and Miranda Schene, and M2s Ananya Munjal and Nathen Spitz try to put it all together. Pro tip: you can actually pit schools’ offers against each other to lower your tuition!

We also talk about the CCOM Art Show that Ananya and Sahaana are helping to put together, and which any med student from anywhere can submit work to.

And we try the Whisper Challenge again, because we’re not in the studio together to get germs on each other. Thanks, COVID…

We Want to Hear From You

How’d we do on this week’s show? Did we miss anything in our conversation? Did we anger you? Did we make you smile? Call us at 347-SHORTCT anytime  or email theshortcoats@gmail.com.  It’s always a pleasure to hear from you!

Too Idealistic for Medicine?

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Photo by JeepersMedia

Fourth-year students David Rudolph and Chandini Reddi join co-hosts Brendan George and LJ Agistonelli to answer listener Krista’s question–a self-confessed “loud mouth” with radical thoughts about how she’d like to practice medicine one day.  Can she bring those ideals to life, or will she be drummed out of medicine.  Are there other, related careers that might allow her to achieve her goals even better?  We’ve got you, Krista!

Plus, Dave asks David and Chandini what they learned from watching their Medical Student Performance Evaluation take shape before it gets sent off to residency programs they’re applying to.


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This Week in Medical News

Weill Cornell joins the list of schools offering med school for free (to some).  Napping is good for you,  up to a point.  And skeletons aren’t just scary during Halloween–they seem to be part of the fight-or-flight response in a rather big way.

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So, how are you? Tell us at 347-SHORTCT anytime, visit our Facebook group, or email theshortcoats@gmail.com.

Continue reading Too Idealistic for Medicine?

Owning a Visible Disability during Med School Interviews

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Photo by davitydave

On today’s show, we’ll answer a question from listener Victoria about having a feeding tube during med school interviews–should she worry that it will make her look weak and infirm, and thus not a good applicant for med school?  Aline Sandouk, Mark Moubarek, Jayden Bowen, Marissa Evers and Gabe Conley tell her why she should OWN it by not being the first to mention it!  Go Victoria!

Meanwhile, Mark tells us what he did to overcome his sadness in the past year after his wife moved to pursue her own medical education in California while he finishes up at CCOM, and what he’s learned by adopting his new unconventional lifestyle.  Go Mark!

This Week in Medical News

A CNN story about an alleged “medical kidnapping” of an 18-year-old brain aneurysm patient shocked many, but it turns out the story wasn’t as simple as the article made it appear.  And reaction to New York University’s plan to make tuition absolutely free to all medical students forever took the med ed world by storm…but some aren’t buying that it will have the ostensible consequences of lowering the barrier for underrepresented minorities and encouraging more to go into primary care.

We Want to Hear From You

Did NYU’s announcement move it higher on your list of schools to apply to? Call us at 347-SHORTCT anytime, visit our Facebook group, or email theshortcoats@gmail.com.  Do all three!

Continue reading Owning a Visible Disability during Med School Interviews

Applying to Med School? Don’t Worry About the Money (so much).

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Money should never be the most important factor

image: MARS BIOIMAGING LTD.

While Dave and the crew try a recipe from the Med School Success Cookbook, they consider listener Imari’s question: how much did co-hosts Aline Sandouk, Eric Schnieders, Gabe Conley, and Irisa Mahaparn think about money when choosing a medical school?  While it’s important to know what your financial standing will be when you graduate, including your loans and how they’re affected by scholarships and living situation, we think there are more important things to think about.  And Maggie has noticed many med schools have co-ed fraternities and wants our thoughts on their benefits for students.  Happy to help explore this interesting and fun possibility for lowering costs, sharing responsibilities, and joining a new med school fam, Maggie!

This Week in Medical News

Now that the Large Hadron Collider has finished tearing a hole in the universe, researchers are using the technology in its subatomic particle detectors to create 3D color x-rays.  And CRISPR-Cas9 has proved to be an excellent tool for editing genomes…and also tearing them up and spitting them back out with all kinds of errors and random deletions.  Perhaps the honeymoon is over!

We Want to Hear From You

Do you belong to a med school fraternity? What’s it like? Call us at 347-SHORTCT anytime, visit our Facebook group, or email theshortcoats@gmail.com.

Continue reading Applying to Med School? Don’t Worry About the Money (so much).