DDSER

I’m sure enough people feel the same way as you, why doesn’t anyone try to form some organization and do something about it. Complaining on forums doesn’t actually accomplish anything

https://www.amazon.ca/White-Coat-Investor-Personal-Investing/dp/0991433106/ref=sr_1_1?ie=UTF8&qid=1526948028&sr=8-1&keywords=white+coat+investor Buy this book. IMO you have nothing to worry about if you have a plan. Like Malkynn said find what your priorities are and what you want out of your life. If you have ambitions to be a practice owner my advice would be to make minimal payments on your loan until you either acquire or build a practice. Even then, don't forget about the time value of money. If you can make more than prime-0.25 in your investments, put your money i

Dunno why your process worked out that way, but thats not what I experienced with Scotia.

I would say there is zero chance. They would not buy it because you can go to any bank with your offer and have a line of credit opened the next day pretty much, they would think you’re just trying to wait until other offers come out.

It could be that since Western looks at your ECs and shadowing is a big part of it, its becoming harder for students who are gunning for med to get in as a backup, so the class is composed of people who actually want to dentistry and not just use it as a backup. Whereas UofT only looks at GPA and DAT so a lot of premeds can still get in relatively easily.

From my experiences as an administrator in Ontario, insurance companies only pay at the level proposed by the fee guide, but some policies pay based on previous years fee guides so the amount is less because each year the prices go up. I don't understand the hostility either. If they want to improve access for care then cover basic dental services under universal healthcare, that would solve it

Yes they can, but I think 100% of the time Insurance companies only reimburse for the amount listed in the provinces fee guide

I don't understand why the government is targeting healthcare professionals now. First they're trying to get rid of corporation tax advantages, and now this.

It is so hard to get a bank loan if you're studying out of the country. Your parents or cosigner must show substantial assets. I know 2 people who couldn't get approved by the banks for a loan because of this reason. The parents had to end up either refinancing their homes or selling properties to pay

Do you really think it will get to a point where new grads cant pay back $275k over 15 years?

I would take it. No guarantee you get into a Canadian school after your undergrad, and the $90k difference is made up by the fact that you can start working right at 24-25 as opposed to 26-27, if you even get into a Canadian school right away after graduating. Accept the offer and don't look back.

This. As someone who applied and was accepted to US programs, you don't really realize the insane cost until you get in. I'd put the estimate even closer to 600k CAD. Even with a max LOC from a Canadian bank, you'd need to pay the remaining 325k somehow. I'm all for pursuing your dream, but please, before you even apply think about how you'll finance this education and if it's not possible, focus your efforts on getting into schools in Canada or other countries that are cheaper

What percentage of your paychecks do you recommend putting away for retirement? Oh wow, do you think you would be able to turn things around business wise if you were to take over and implement better management systems, or is that too big of a risk?

Baller. Ah okay, I see. Thanks for the insight, really gotta start planning for retirement right away.

Can I ask why you haven't pursued practice ownership yet?