That's probably average combining undergrad and medical school. I go to one of the cheapest medical schools in the country, and it's > $240k in loans alone, let alone interest (plus the $130k from undergrad for me)
And that’s without the hope scholarship which anyone getting into MED school in georgia likely qualifies for making (gpa >3.0)
Most state schools are not that expensive at least for their residents.
In any case, that's tuition alone, and at one public medical school in one state (i.e. most people applying to medical school each year won't qualify for that price; caveat is other states with low prices, such as Texas medical schools, which are routinely the cheapest in the country, but also take >95% instate residents).
Also, my medical schools calculates another $30k in fees and living expenses per year.
Here's another datapoint for you: SUNY Upstate in New York. Tuition alone for instate residents: $43k. Taken from: http://www.upstate.edu/currentstudents/document/com_budget_y...
I'm actually curious now what the costs are for each states' public schools. I can't seem to find a single reference for that though.