So here's my financial situation. I currently am a sophomore in college and have about 25000k on student loans. At this rate, I'll probably graduate with 50-55k on student loans. I really don't want to continue getting loans; I feel like 55k of loans is too much nowadays. After obtaining my bachelor's, I want to go to medical school (even more loans), and eventually residency. Is there any programs in the military that would allow me to do all of this, while paying off my loans?
There is no program I know of that will pay enough for you to easily catch up on your loans, but there are some good options. If you apply to med school and the military Health Profession Scholarship Plan (HPSP) and are accepted to med school, they will pay for school and provide a modest cost-of-living stipend. They require a pay-back of one year of active-duty service for each year of your scholarship. Alternatively, the federal medical school, The Uniformed Services University of Health Sciences, will train you in uniform. You will be an active duty officer in the Army, Navy, Air Force or Public Health Service while attending school at USUHS in Bethesda. It's a good clinical and basic pre-clinical program that utilizes the NIH (right across the street in Bethesda), Georgetown, GW, U of Maryland, and will send you anywhere in the country or the world for clinical or clinical/didactic/research training. Only consider this option if you really want to serve, because you'll owe seven years. The upside is that you are not only getting it all for free (books, training, travel), but are paid as a full-time active duty officer the entire time. If you are single with no family $ obligations, you can pay off your loans. That's what I did and I loved it and have no regrets.