Average Debt

According to the 2021 Graduation Questionnaire survey by the Association of American Medical Colleges, medical students who graduated in 2021 (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) 11.2 27.2
$1 to $49,999 5.3 6.0
$50,000 to $99,999 10.1 6.2
$100,000 to $149,999 11.8 8.9
$150,000 to $199,999 15.4 13.1
$200,000 to $299,999 40.8 24.3
$300,000 to $399,999 4.1 10.6
$400,000 to $499,999 0.6 2.7
$500,000 or more 0.6 1.0
Contact Medical Education

Twin Cities Campus
Contact

Duluth Campus
Contact