16 expenses, debts cardiologists are paying off in 2021: Medscape

Medscape‘s “Cardiologist Wealth & Debt Report 2021” provides insight into the financial landscape of physicians in the field, including net worth, salary and debt.

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Here are 16 statistics on expenses and debts cardiologists are paying off:

  • Mortgage on primary residence: 62 percent
  • Car loan payments: 34 percent
  • Car lease payments: 21 percent
  • Private school tuition for child: 20 percent
  • College tuition for child/children: 20 percent
  • Personal college or medical school loans: 18 percent
  • Credit card debt: 17 percent
  • Mortgage on second home: 15 percent
  • Child care: 15 percent
  • Spouse’s/significant other’s college, medical school or graduate school loans: 11 percent
  • Medical expenses, personal or for a loved one: 10 percent
  • Graduate school tuition for child: 9 percent
  • Business loan: 7 percent
  • Alimony: 5 percent
  • Other: 3 percent
  • None: 12 percent

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