As an American, you have been…lied to, tricked, scammed ...
Dental school loans are misunderstood by most doctors. In this example of a 30-year $300,000 loan at a 7.9% interest rate they will pay $485,000 in interest and would have to make $1.5 million to pay that interest. The first year of the loan $23,600 goes to interest and only $2,500 goes to principle which is over a 900% interest rate. If they would pay $6,000 toward principle each month ... ................
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