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.
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