Average Debt

According to the 2019 Graduation Questionnaire survey by the Association of American Medical Colleges, medical students who graduated in 2019 (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) 12.4 26.7
$1 to $49,999 7.6 5.6
$50,000 to $99,999 4.9 6.1
$100,000 to $149,999 8.6 9.1
$150,000 to $199,999 20.0 13.1
$200,000 to $299,999 40.5 26.2
$300,000 to $399,999 5.4 10.5
$400,000 to $499,999 0.5 2.0
$500,000 or more 0.0 0.8
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