The Acupuncture Poll's question for August 2003 was:
"How long did it take you to pay off your student loans?"
Results are as follows:
These results are based upon 117 responses.
As this is a voluntary, non-scientific survey, caution should be used in generalizing the results. Here is a sample of the comments made by those who took the survey and how they voted:
More than seven years: I was paying off my loan rather comfortably until the clinic I worked for had their Blue Cross/Blue Shield providership terminated because of unscrupulous billing practices. This was all done without my knowledge, but I was also held responsible. I lost my practice and have been struggling to get a cash practice going, which has been challenging. My advice is to never let anyone else do your billing for you. I learned the hard way. Now I can barely pay my monthly payment.
Also, I know new graduates who are getting out of school with $80,000 in debt. I certainly wouldn't want to be in their shoes.
Less than two years: At the time, I was so concerned about having to pay back student loans while starting a new practice that I continued working a 40+-hour high-stress job for the three years that I was in school. Hopefully, the stress I had during school counteracted the stress I didn't have paying back the loans after school.
More than seven years: I am still paying, and paying, and paying.
For more information on the Acupuncture Poll, contact Acupuncture Today at