Physicians and high income

[Anonymous]

Anonymous wrote:My wife and I are both physicians and making $500K + some bonus of $75K/year. We also have $700K of student loans between us so high salaries are justified.

Curious what speciality ?

[Anonymous]

Anonymous wrote:Physicians are always concerned about income and often comparing wealth. Low paying specialties are always complaining and envying others. Would you want to go or send your kids into medicine if income spectrum was similar to teachers?

I wouldn't want to "send my kids into" anything. If they have a passion for medicine -- want to learn about the human body and treating illness -- then absolutely yes. Absent that? No, of course not. Especially given the current climate with insurance/medicare/private equity driving everything creating frustration and burnout.

[Anonymous]

Anonymous wrote:My daughter is 13 and she wants to be a doctor. She is averaging 98% in 8th grade with 100% in math.

My daughter is ruthlessly competitive and kind of heartless to be honest. She already told me she is going to be very rich and that's why she is working so hard.

I don't know what kind of doctor she will be, but I pity her patients lol

She'll self select into research, radiology, pathology etc.

[Anonymous]

Anonymous wrote:What if tuition is free with few years of public service.

Is this for a middle school research paper? OP - seriously you cannot be this naive.

Do the skills and amount of training required to be a teacher compare to that of a doctor? A better comparison is to vets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My daughter is 13 and she wants to be a doctor. She is averaging 98% in 8th grade with 100% in math.

My daughter is ruthlessly competitive and kind of heartless to be honest. She already told me she is going to be very rich and that's why she is working so hard.

I don't know what kind of doctor she will be, but I pity her patients lol

She'll self select into research, radiology, pathology etc.

PP here. I agree. She truly loves school. Everytime she learns something new she is eager to share with me. She works very hard. She had a math test last week and I was waiting for us to study. And she told me she already asked chatgpt to create a test for her. She said she kept asking chatgpt to make the questions harder until she gets topic she hasn't seen yet.

I think these are the kind of people that go into pre med and then medicine.

I want everyone to make as much money as possible. I will be totally fine if a waiter made $500k per year. I want everyone to be successful and happy.

I don't believe in anyone being overpaid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What if tuition is free with few years of public service.

I grew up in Senegal. When I graduated HS the government gave me a scholarship to study medicine at the public university in the capital city. I'm Senegal you start med school after HS. I don't know how sustainable that model is because I didn't realize how expensive med school was until I moved to the US. I didn't even want to be a doctor, I just put it as an option. I came here instead to study engineering.

I think we have good but under equipped doctors in Senegal. But I think American physicians are better though and def more productive.

My daughter wants to study medicine but I don't think we can afford it. If she knew French perhaps she could study in Senegal. But then unless she is one of a kind I don't think a Senegalese trained doctor can just hop on a plane and get a job here it's not that simple lol.

To answer OP's question, given the high cost of studying medicine in the US I don't blame physicians for chasing $$$.

Senegl? They have real doc there?

Yes one of them impregnated your mother

[Anonymous]

Anonymous wrote:You can’t compare teachers and doctors. The type of kid who becomes a doctor has to be a significantly stronger student. Anyone can become a teacher from any tier 3 college.

For the higher paid specialties, one needs high scores and grades. Not anyone can just become a neurosurgeon.

You don’t sound very smart, OP.

Here’s where I stop reading this thread.

Sure, anyone can become a teacher. We’re desperate and the bar for entry is low. Here’s the kicker, though: it takes a ton of skill and strength to remain one. That’s why we have a tremendous teacher shortage, because people enter the profession thinking it’s an easy paycheck and then they are slammed with the reality that teaching is HARD.

So PP, to borrow your own words… you don’t sound very smart.

OP, I wouldn’t be a doctor OR a teacher for low pay. That’s because I know both jobs are demanding and important. The difference is we have community respect for one profession but not the other.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My wife and I are both physicians and making $500K + some bonus of $75K/year. We also have $700K of student loans between us so high salaries are justified.

Curious what speciality ?

Both internal medicine.

[Anonymous]

Anonymous wrote:My daughter is 13 and she wants to be a doctor. She is averaging 98% in 8th grade with 100% in math.

My daughter is ruthlessly competitive and kind of heartless to be honest. She already told me she is going to be very rich and that's why she is working so hard.

I don't know what kind of doctor she will be, but I pity her patients lol

If she wants to be really rich and is motivated/driven, I wouldn’t recommend medicine. Its got a high floor but a relatively low ceiling. The real money is in tech/high finance.