Students

Debt Management

Money Management Guide

Debt Statistics

This table shows the average educational loan debt of graduating veterinary students since 1993:

Graduation Year Average Debt*
1993 $29,770
1994 $28,226
1995 $34,069
1996 $32,769
1997 $36,557
1998 $42,254
1999 $40,506
2000 $46,006
2001 $53,451
2002 $53,592
2003 $56,248
2004 $60,684
2005 $70,034
2006 $76,956
2007 $95,803
2008 $101,951
2009 $111,134
2010 $121,400
2011 $118,772

(Debt does not include undergraduate loans.)

It is important to keep an accurate record of your student loan history, your anticipated monthly payments, and how these payments compare to your future compensation as a veterinarian. 

You should regularly monitor your federal educational debt records by accessing your account information on the National Student Loan Data System (NSLDS).   Discrepancies in NSLDS data should be resolved as quickly as possible.

You can use an the UC Davis loan payment calculator to estimate the amount of your monthly loan payments and then refer to the School of Veterinary Medicine’s

Refer to the Salary survey of the most recent graduating class to evaluate the amount of compensation necessary to manage repayment.