Talking to my physical therapist this morning. He has triplets that have just graduated from college. One of them is going on to dental school in San Francisco. Tuition is $100,000 a year. He doesn't have the money, so he has signed up with the Army. Once he graduates he will owe the Army three years of service. If he instead borrowed the money his repayment schedule would be $4,000 a month for ten years, or roughly $500,000, which means the bank would get roughly $100,000 in interest. That must be a special low interest loan. About 25% of students at this dental school have signed up with the military in order to get their dental training. One of the reasons dental school is so expensive is all the equipment they need. You might think that the manufacturers would be providing the equipment free, or at least discounted, but evidently that is not the case.
Update December 2016 replaced missing picture.
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