14 statistics on physician expenses

Medscape released its 2018 Physician Wealth and Debt Report surveying some 20,329 physicians practicing in the U.S. to gain insight into physician spending.

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Here are 14 statistics on what debt physicians are currently paying off.

  • 63 percent mortgage on a primary residence
  • 40 percent car loan payments
  • 32 percent medical school loans
  • 26 percent credit card debt
  • 18 percent college tuition for a child
  • 17 percent medical expenses
  • 17 percent car lease payments
  • 16 percent childcare
  • 15 percent paying for significant other’s education
  • 14 percent private school tuition
  • 13 percent mortgage on second home
  • 8 percent business loan
  • 6 percent graduate school tuition for child
  • 3 percent alimony

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