The Financial Life of Aspiring Veterinarians.

The stress of veterinary students ranges from the financial stress associated with high student loan debt combined with possible credit card debt, to relational stress due to lack of time to commit to social activities, to uncertainty regarding the ability to perform at the highest level. While this study considers a multifaceted approach to veterinary student stress and ultimate depressive symptoms, the focus is on the financial stress. A common strategy for reducing debt is to increase financial literacy. While this has the potential to help, it is not the sole solution given that students opt into the program for non-financial reasons. A path analysis was used to explore the predictors of financial satisfaction (the inverse of financial stress). The results were then used to predict depression among pre-vet and veterinary students in combination with relationship stress and demographic characteristics. Results indicate that current and expected student loan debt negatively influence financial satisfaction of pre-veterinary and veterinary students. Lower financial and relational satisfaction predict depressive symptoms among students. Among pre-veterinary students, feeling less intelligent than peers and being a sophomore versus a freshman is associated with depressive symptoms. Among current veterinary students, third-year students are more likely to report depressive symptoms than first-year students.