Economics of Veterinary Medicine Information

(2012) US Pet Ownership and Demographics (Report by the AVMA)

Did you know?

  • In 2011, six-out-of-ten pet owners, or 63.2%, considered their pets to be family members.
  • There are approximately 70 million pet dogs in the U.S. and 74.1 million pet cats.
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Veterinary Economic Report

The Veterinary Economic Report subscription provides the most current and vitally important veterinary economics information to veterinarians and others with a stake in the veterinary profession’s success.

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Indiana Economic Report

AVMA Report on Veterinary Compensation

This report contains valuable professional income statistics along with a section on fringe benefits. Income is reported for private practice as well as public and corporate veterinarians. Breakdowns include ownership status, practice type, years of experience, gender and region.

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Repaying your student loans

The majority of veterinary school graduates end up paying off their student loans themselves. Most loans have a six- or nine-month grace period between graduation and when the first loan payment is due.  The AVMA has a few tips on paying your loan and avoiding penalties.

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Economics of education: Summit attendees gather to identify ways to alleviate student debt.

Student debt is an increasingly critical issue for the entire veterinary profession, and how to reduce that debt and improve the overall economic picture for young veterinarians was the focus of a summit held at Michigan State University in 2016.

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Deferring Your Student Debt

Payments on your student loans are due after the post-graduation grace period has expired. Graduates entering internships and residencies may encounter difficulty in making payments on their loans during their training because of the low salaries associated with these positions.

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