NYU Grossman School of Medicine
NYU Grossman provides full-tuition scholarships to all MD students regardless of financial need, resulting in some of the lowest average debt in the country.
$68K
Avg graduate debt
AAMC class of 2024
-$145K
vs. national avg
National avg $212K
100%
Grad with debt
of the class
$900
10-yr payoff /mo
post-residency est.
Repayment Scenarios for NYU Grossman Graduates
Based on $67,572 average debt · 3-year residency at $65K · then Internal Medicine attending at $310K. Use the calculator for your exact specialty.
Aggressive 10-year
$936/mo
Total paid: $112,357
✓ Debt-free fastest. Best long-term net worth.
✗ Highest monthly payments early in career.
PSLF (nonprofit/govt)
$2,395/mo
Residency: $353/mo
Total paid: $213,888 + balance forgiven
✓ Lowest total cash paid for high-debt borrowers at nonprofits.
✗ Requires 10 years qualifying employment. Tax-free forgiveness.
Income-Driven (IDR)
$2,395/mo
Payoff timeline: ~4 years
✓ Lowest monthly payment. Best cash flow during residency.
✗ Longer payoff than aggressive.
Model your exact situation
Pre-loaded with NYU Grossman's $67,572 average debt. Change specialty, salary, and strategy.
How NYU Grossman's Debt Compares
NYU Grossman graduates leave medical school with an average of $67,572 in education debt — 68% below the national average of $212,341 for the class of 2024. This figure comes from the AAMC Medical School Admission Requirements (MSAR) database and reflects only graduates who borrowed — students who received full scholarships are excluded.
The private school national average for the class of 2024 was $227,839. NYU Grossman sits below that benchmark.
Roughly 0% of NYU Grossman graduates finished with no debt — through scholarships, family support, or in-state cost advantages. For the 100%who do borrow, loan strategy becomes one of the most consequential financial decisions of their career. The difference between choosing PSLF vs. aggressive payoff can easily be six figures over a physician's career.
Loan Strategy for NYU Grossman Graduates
If you plan to work at a nonprofit or academic medical center — which includes most major teaching hospitals — PSLF is worth modeling seriously. At $67,572 average debt, graduates pursuing PSLF would pay approximately $213,888 over 10 years before the remaining balance is forgiven tax-free. Compare that to $112,357 under aggressive payoff.
If you plan private practice or a high-income specialty without PSLF-qualifying employment, aggressive payoff or refinancing typically wins. Post-residency payments of ~$936/month for 10 years leaves you debt-free and maximizes long-term net worth.
Frequently Asked Questions
What is the average medical school debt at NYU Grossman?
According to AAMC data for the class of 2024, the average graduate indebtedness at NYU Grossman School of Medicine was $67,572 among those who borrowed. This is 68% below the national average of $212,341.
What will my monthly student loan payment be after NYU Grossman?
On aggressive 10-year repayment with $67,572 in debt at 7.05% interest, you'd pay approximately $936/month post-residency. On an income-driven plan at an Internal Medicine salary, payments would be approximately $2,395/month. Use the MedDebt calculator to model your specific specialty.
Should NYU Grossman graduates pursue PSLF?
PSLF makes the most sense for NYU Grossman graduates who plan to work at nonprofit hospitals, academic medical centers, or government employers. At $67,572 average debt, PSLF can save approximately $0 compared to aggressive payoff — but requires 10 years of qualifying employment.
How does the 2026 federal loan cap affect NYU Grossman students?
NYU Grossman's average graduate debt of $67,572 is below the new $200K federal cap effective July 1, 2026. Most students should still be able to finance their education entirely with federal loans and retain access to PSLF and IDR programs.
Debt data sourced from AAMC MSAR, class of 2024. Repayment estimates based on average debt, 3-year IM residency, $310K attending salary. Individual results vary. Not financial advice.
Student-reported data
What did NYU Grossman graduates actually borrow?
AAMC official avg
$68K
Student-reported
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