That’s the amount of student loan debt the average dental student graduates with.
As I point out to students, should you become disabled and can’t complete dental school, it’s likely you’ll still have to repay your student loans. And that can be tough—especially if you already have a family or other financial obligations.
That’s why it’s smart to have disability insurance now, since it can help serve as debt protection. Life insurance is equally as important: to help ensure your family is taken care of, to serve as practice loan collateral and to protect your future insurability.
As a benefit of your ADA student membership, you have access to ADA-sponsored Student Members Term Life and Disability Insurance at no-cost!
Now that dental school is ending, you might recall the lunch & learn you attended where MedPro discussed malpractice insurance as you devoured your sandwich.
You may remember the differences between occurrence and claims-made policies, the importance of carrier financial strength ratings, and why having PURE consent is a big deal.
Let’s face it; getting an undergraduate degree can be expensive. Throw in dental school and there’s a good chance you paid a pretty penny for your education. Chances are when you receive your dental degree, there’s some debt attached to it. Here a few ways to keep your expenses under control as you pursue your dental career and during its early stages.
It started with a lunchtime conversation. While discussing midlevel providers (MLPs), my friends and I quickly came to the conclusion that we didn’t know much about the issue. I remember joking about planning a debate between two of our professors that were very vocal about holding different stances on the topic, and how it would (at the very least) be highly entertaining.
Traveling the country with igniteDDS, I’m blessed with opportunities to speak with students like you every day. This time of year, one theme prevails.
Residency aside, what’s next?
So…residency aside, here are 4 paths to your success…
The U.S. Bureau of Labor Statistics projects that the number of dentist jobs will grow by an impressive 21% between 2010 and 2020. This above-average jobs growth rate is due in part to a rising demand for dental services. Not only are people keeping their teeth for longer, but they’re also becoming more educated on the connection between oral health and overall health. Coupled with this growing demand will be a lower supply as an unprecedented number of dentists reach retirement age. With these and other factors in mind, the American Dental Association anticipates a sharp drop in the ratio of dentists to Americans between 2010 and 2030…
Exams, practicals, pop quizzes, no sleep, no patients…Need I go on? If you’re anything like me when I was a student, that question resonates…big time!
Here’s the skinny…and sadly, it’s only seen in the rear view mirror. In private practice…in life, challenges change; butterflies in your stomach stay the same. So how do you win in dental school?
Reinvent the wheel…or copy genius?