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College and University Discussion
Reply to "Majors/careers for a kid who wants money and work/life balance"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think there's also a concept of [b]putting your dues in[/b]. I'm a lawyer and I have good work/life balance now, but my first couple years out of law school were a slog. Same with my spouse, who's an engineer. He has work/life balance now but his first few years he had to do a lot of travel and long hours, especially when he was also finishing his secondary degree. Now this time lined up for us, so it didn't impact our relationship (we got married out of college). There's an aspect of learning your field so you get more efficient later ad well. But that's something to consider that your mid to late 20s can be slog time while you build skills and prove yourself. [/quote] THIs this this. Doc married to a professor, sibling is a doc married to a lawyer. My spouse is an elite school professor and makes more than the average prof (260k most years) but had to start with post doc salary, l[b]uckily phd is free and per cost of living PHD stipends now are much better than they were 25 years ago[/b]. Med school was loans for me and my sib, one year of a merit scholarship for me, now my top med school gives out multiple years of full merit and some 4-year merit. It is a Top5 med school. We put in our dues, our first salaries were low, but we have jointly made over 500k for many years now, some years over 600k. Spouse prof lifestyle is very conducive to family life. My physician career is too. No weekends or hospital call for me, no night shifts--my specialty does not do that but we all did that in residency. Sibs field does not either and their specialty makes DOUBLE what i make(I am primary care). Their spouse had all law loans. They paid it all off. We both put our kids through private schools, one in the DMV, one northeast, and so far have 3 of our collective 5 kids in private colleges and need no loans to pay full fare. We could take off for school functions, plan around sports/arts events, etc. The people in our adult life who have no work-life balance are those no control of their own schedules. That is the key: put in your dues, rise to the top where you have the most control, get efficient, and find a career that lets you take the days off you need. The other key is find a spouse who wants to make the balance work. [/quote] Since when? The max stipend you're looking at without grfp is about $50,000...to live in Palo Alto. The stipends in the Boston area are miserably low. [/quote]
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