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Reply to "Do you think doctors are rich people?"
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[quote=Anonymous]A career in medicine as a specialist was once the most predictable route to a financially lucrative career. This however has changed during the past twenty years due to A combination of the following: 1. Med school Expense is outrageous - $400k price tag for your MD degree; 2). Physician comp is controlled by insurance companies, wall st, and hospitals. The days of setting up A solo practice after residency are long gone. 3). Significantly more opportunities to now make mega $$ in other careers such as engineering or finance which was not possible 20 Years back. So…docs enjoy a good living and eventually will Become wealthy in their 50s and more particularly so if the are in a lucrative sub speciality such as dermatology, surgery, etc. [/quote]
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