To use a poker expression, we are far more "all in" than our traditional peers.
We will frequently accumulate debts later in life making it much more difficult to pay them off.
Exactly what is it about age that makes debt harder to pay off? Because I just don't see the relationship here.
From what I've observed, it's an individuals money management skills or lack of, that is the biggest influencer here. And because so many premeds in the 35+ age range are not going into medicine to impress others or for the money and go into fields with great need like FP which often have loan repayment programs, I'd say that we have a far EASIER time paying off debt.
We frequently have postbac work, which is this side of useless outside of professional school applications.
Doesn't this apply to traditional aged students too?
Most of us are on the wrong side of 30 or 40, meaning our "fallback" resumes are getting more irrelevant by the day.
In the last 3 years I turned my almost useless MS/BA degrees in Chemistry, into a FAR more in demand and lucrative career of Bioinformatics while pursuing....... wait for it........, post graduate courses. Put another way, the last Bioinformatics gig I interviewed for had a mid range salary of 90K, the Science gig ~ 50K. Plus, I wouldn't want to be in my 20's 30's again for all the money in the world!
Forgive me if I'm painting a dark picture. I'm not trying to be a spoiler on here, and writing this is as much catharsis for me as it is a response to the article.
OPM is about venting but I think it's important to keep things in proper perspective, a significant benefit of being older with more life experiences.
But, many of us are in this position, and the mental health anguish becomes pretty intense. (The only time I've been in a darker place was during a combat tour in Afghanistan.) I have a (mostly) supportive family, a significant other who loves and encourages me and a peer group that dusts me off when I fall. But, despite these blessings in life, I still go to really dark places when it looks like this isn't going to work out.
I've heard that love is a battlefield, but premed? Not even close IMHO and I've had my share of disappointing moments as a premed for the last 20+ years.
Might I suggest you read this article:
Nothing in the world kills a dream like doubting yourself, and even a high GPA, MCAT scores, and fabulous LOR's can't save it if the attitude is "off".
BTW, I'm 1500 miles away from my nearest close support systems, so if you've got that you're ALREADY ahead of the game. But I'm also a STRONG believer in regular "mental checkups" along with my "physical checkups" and I make sure to get them on a REGULAR basis.
Support + REGULAR physical/mental checkups sounds a like a winning strategy for med school admissions to me!