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Reply to "Do you think doctors are rich people?"
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[quote=Anonymous][quote=Anonymous]I think like many fields the pay for medicine is 2-tier. Boomer docs had low student loans, good reimbursement, and accepted buy-outs. Millennial docs get ridiculous student loans, decreasing reimbursement, extended training, and hospital employment with capped reimbursement. There will always be the exception like see young hot shot plastic surgeon bringing $1 Million, but the majority of doctors finishing training now will never see anything near that. That's fine I'm not trying to play the world's smallest violin just clarifying some misconceptions for people who are not in the field.[/quote] I will take issue with majority of doctors training now will never see anything near that. They will. Student loans can kill. You have to figure out a way not to have them or you prediction will come true. Specialty. Ortho surgeon, cardio surgeon, etc. will keep doing great. But in addition to practicing they need to take risk and own practice or surgi center. Fertility docs make bank as do plastic surgeons. There is a lot that will do well always. Even primary care can be great if you can own the practice. It may not be as easy but the paths are still there.[/quote]
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