Not to mention doctors go to four years of med school (more debt), and spend up to 6 or 7 years as residents/fellows during which they make about $50,000 per year. It's not uncommon for doctors to be paying off loans well into their 40s.thwalls wrote:I'm surrounded by MDs every day who make crap after they pay their insurance premiums. There is no safe bet in this economy and anyone who can fool themselves into believing there is one - regardless of what school they get into - is an idiot. You have to make your own luck.shadowfrost000 wrote:You'd still be safer going to med school.thwalls wrote:See, this is why I got my Medicinal Chemistry PhD first. IP law dominates. The best quote I've ever heard around here:
"Cities rise and fall but IP remains."
Something to that effect. Classic.
Also while the job security is better (almost everyone gets placed in a residency program), primary care practitioners and some specialties are getting squeezed between falling insurance reimbursements and budget crises at many hospitals.