May people used to flock to the profession. It is an honorable profession with the promise of a 1%er payday.
That is not necessarily the case anymore. First it take a long time to get the through med school. Second the cost of med school leaves the doctor $400-$500k in the hole with student loans (not including $100-$150k for under grad). Then the new doctor gets paid $30-$50k as a resident for the next few years. After 8 of school and residency they can now get a job. A job is pretty much guaranteed, but the payday is not. It is being reported many doctors start out making little more than $100k and work for years to get to $300k. Yer many don't even get over $200k.
Money should be the only motivator, but the length and cost of schools are driving many of our best and brightest to other professions. A doctor shortage is inevitable!
Sent from my iPhone using USMessageBoard.com
That is not necessarily the case anymore. First it take a long time to get the through med school. Second the cost of med school leaves the doctor $400-$500k in the hole with student loans (not including $100-$150k for under grad). Then the new doctor gets paid $30-$50k as a resident for the next few years. After 8 of school and residency they can now get a job. A job is pretty much guaranteed, but the payday is not. It is being reported many doctors start out making little more than $100k and work for years to get to $300k. Yer many don't even get over $200k.
Money should be the only motivator, but the length and cost of schools are driving many of our best and brightest to other professions. A doctor shortage is inevitable!
Sent from my iPhone using USMessageBoard.com