What’s the average debt for a Doctorate of Physical Therapy?
What’s the average debt to attain a Doctorate of Physical Therapy? I’ve heard around 125,000. Does this seem accurate? If so is it a challenge to pay off your student loans with a salary of 50k a year? Is there any way to attain loan forgiveness or scholarships?
A doctor of physical therapy is a professional degree not a Ph.D which usually gets funding from their school. Also, you will probably have some debt from your first four years of school as an undergrad and professional school is three years for PT and very expensive with very little in the form of grants/scholarships available depending on the school of course. Most of your funding for PT school will come in the form of government loans. Don’t worry though even if you do end up with a huge amount of loans you probably will be making more than $50k. I’ve seen PT’s in my area (Indiana) starting out around $80k with experienced ones/managers making six figures.
