<prompt> Human: I just got into dental school University of Michigan, yay. Im looking at apartments and stuff because I need a roof over my head before class starts in June. When I interviewed at UofM several students said that they wished they would have bought a place instead of renting for the four years of dental school. They said that several students did just that, and they were very happy with their choice. That got me thinking that maybe I should consider buying along with the prospect of renting. But I cant get over the idea that its stupid to buy a place when my only income will be student loans plus a scholarship 5000yr, thanks UofM. Im sure that the people who bought in 2009ish are looking at INSANE profits now that were out of the housing thing I dont really know much about it other than that. After I graduate dental school in four years I will either specialize and continue to not make any money but live in AA or go into general practice and make some, probably decent, money. Would it be wise to buy a condo in a fairly high priced market at this point of my life? I saw that a studio apartment next to downtown was listed at 120,000. I havent had a chance to look around at a lot more stuff yet for buying, but rentals seem to be hovering around 800monthbedroom 1.5-3 miles outside of campus. Downtown apartments are all above 1500month. But the flip side is that if I can manage payments through school, AA always has a high demand for housing with the University and I could potentially rent itsell it when Im in my career with a bigger family in another property for a sizable profit. I will be taking out loans in the amount 60,000yr for the next four years of dental school. I have 28,000 debt from undergrad. I have about 3,000 on my Amex which is currently in the intro 0 APR until August Ill pay that off before the APR kicks in. Im considering specializing in orthodontics I currently work in an ortho office or oral surgery and if I did that, 7 years from now I would estimate I would bring home about 300,000yr. General practice maybe 150,000 my first few years as an estimate. Im sorry if this isnt enough the correct info you need to make a suggestion, I come from a blue collar family and no one has really had to make these types of choices with the collegegrad school variable. I appreciate any advice at all, if its youre an idiot dont do this to great thinking!Assistant: Student loans are not income. Can you even qualify for a mortgage without a real source of income? That sounds like the kind of shenanigans that caused the whole housing bubble crisis to begin with.Human: I know it isnt income, but I mean to me it is basically income in that I receive money and have it to live off of and nothing else I cant work during dental school like I did in college. I dont know if I qualify for a mortgage, thats part of the reason Im here. Thanks for responding though!  <response>: to me it is basically incomeTo you, sure. But no bank will see it that way. 