I'm thinking about applying to podiatry school. I have a 27 MCAT and 3.8 GPA. I know this is way above the averages for most podiatry schools and that sort of makes me feel like I might be undercutting myself? I have extra-curriculars, research experience, and volunteering/clinical experience. I was originally aiming for medical school, but with my MCAT I don't think I'll make the cut for MD schools. I still think I'd be interested in podiatry - I like the idea of having a specialty and a much shorter residency than MD professions. And podiatry schools offer scholarships, so that's a plus.
I guess my question is am I going to be surrounded by people not nearly as intelligent as me? (I know that sounds super arrogant, but I don't know how else to word it). I mean people with 18s on their MCATs being accepted into podiatry schools seems a little substandard to me. I know podiatry school can be just as rigorous as med school, but with my stats and experiences do you think I'm overqualified and therefore undercutting myself by going into podiatry (considering that there's people with much lower stats that get in)?
Whether or not you are "undercutting" yourself largely depends on what your life goals are.
If you are actually interested in the field of podiatry and that's the type of physician you'd like to become, then I would say that as long as you choose a school with a challenging curriculum and fosters your success, you will be pleased with your choice, as well as with the rigor of the work (of course I'm biased, but AZPod has an awesome curriculum if you're looking for a challenge and to learn a ton).
If you are choosing podiatry only because you "couldn't get into" medical school, I absolutely think you would be undercutting yourself because your dream isn't actually to work in podiatry, but rather in some other medical field/specialty. With this scenario, I actually have my doubts as to how good of a podiatrist you would actually become, because it's much more difficult to be exceptional in a field that you're not that enthusiastic about.
With your grades and MCAT, I honestly would think you could get into a general medical school somewhere, and perhaps all you need to do is work on your extracurriculars, personal statement, letters of reference, and/or interview skills. Your MCAT is above the lowest score for the University of Arizona College of Medicine (Phoenix) for the past four years, and your GPA exceeds the average for those years' classes, as well. Also, you would probably get many interviews, and likely acceptances, from D.O. schools if you apply there. If that's what you really want to do, I don't think there's anything really stopping you except tenacity and getting your applications in early. If you're really desperate, go work in Texas for a year (or buy a condo or something), become a resident, and apply there (you'll probably get into at least one of their medical schools as long as you're a resident, but don't bother trying if you're out of state).
Podiatry as a specialty has some attractive advantages over many allopathic/osteopathic specialties as far as lifestyle, residency, scope of practice, and practice setting, but I think the most important thing before committing to the field would be making sure you actually enjoy the work. If there's a practice in your area, you might want to drop by and ask the staff if you could speak to the doctor about shadowing, then take a couple of days off work and spend some time in their practice (some DPMs have different focuses, so you might want to look into what the local podiatrists are mainly seeing in their clinics and choose to shadow based on what you think your interest is). I wouldn't worry too much about whether or not your peers seem intelligent enough for you based on their numbers, as your performance and success does not depend upon them, and you may be surprised at how capable many of your peers actually are.
Best of luck on whichever path you decide on - don't sell yourself short whichever way you choose.