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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My husband worked in a private practice in Maryland, where there are limits on the amount of money doctors can get reimbursed by insurance companies for procedures.  The old docs in the practice who started out under the old rules were rich, with huge houses, boats, vacation homes, etc.  The young docs on the current salary were barely making ends meet in the DC area. We left, and now feel comfortable on the same salary in a lower COL area.  But we are far from rich.  Med school loans are costing about 3k per month for the forseeable future.  Started saving for retirement, college, etc at age 35 instead of 25.  We could definitely be richer if we moved to a less desirable area of the country.[/quote]

We're paying our DC1's med school and I know it will make a huge difference. Medicine is becoming the choice for only high income families now. [/quote]

Yes, because it's a $400k degree unless you attend a state school.  it's difficult to borrow $400k.  My spouse is peripherally involved with admissions at Georgetown and almost all their students are wealthy.  It's a concern to many that you have to come from
signigicant money to become a physician.   [/quote]

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