Financial Costs of Dentistry

Logan W.

Everyone has once heard about the ridiculous cost of completing the pre- professional field, whether it is becoming a doctor or a dentist, the bill you will be stuck with after school is enormous. But when the numbers are examined, it puts the huge cost in perspective. Here is a chart from the University of Michigan's dental school.

IN-STATE (Michigan Residents)

	Tuition & Fees	Books/Lab (other)	Instruments (other)	Living Costs	Total Budget
D1*	$30,774	$4,017	$3,396	$26,170	$64,357
D2**	$36,794	$3,579	$2,996	$31,316	$74,685
D3**	$36,794	$2,216	$2,996	$31,316	$73,322
D4**	$36,794	$4,509	$2,996	$31,316	$75,615

 *10-month budget.

**12-month budget due to revised curriculum. 

                                                          (Fig. 1.)

The living costs are definitely a little bit high, however other than that the costs are laid out very well to be seen. After 4 years, a dental student graduates his/her student debt will be around $200,000. Which is a large amount of money to be in debt of on top of your undergraduate debt. If you feel that this is a worth while investment as a student, then you must be ready to pay a majority of your paychecks back on those college loans.
Sources
Fig. 1. "Office of Financial Aid: Dental (D.D.S.) Students." Office of Financial Aid: Dental (D.D.S.) Students. University of Michigan. Web. 27 Oct. 2015.