Annual salary $70,000-$80,000

[net]

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yesterday i heard a new grad from a well-known accredited dental school with AS found a job in NJ with annual salary $70,000-$80,000. it is a little bit lower than i expected considering the huge amount of the loan borrowed and the rigurous training through the dental school. but this is the best offer this person can get, and some dental office even paid less than $70,000. i don't know if this is a regular case or it is an outlier( much lower than the average). it does sound frustrated as most people with MS degree can easily earn $70K/yr, plus they don't have any loans due to education. so what would you say? do we have better endings in the long run or this is pretty much about right of being a dentist, no fantacies.......

 

[thaizemelo]

yesterday i heard a new grad from a well-known accredited dental school with AS found a job in NJ with annual salary $70,000-$80,000. it is a little bit lower than i expected considering the huge amount of the loan borrowed and the rigurous training through the dental school. but this is the best offer this person can get, and some dental office even paid less than $70,000. i don't know if this is a regular case or it is an outlier( much lower than the average). it does sound frustrated as most people with MS degree can easily earn $70K/yr, plus they don't have any loans due to education. so what would you say? do we have better endings in the long run or this is pretty much about right of being a dentist, no fantacies.......

Good point. I also thought that the salary would be higher.
A little bit desapointed...

 

[rahmed]

I am seriously worried to borrow $240,000!! I was planning to look for job in NJ. 🙁

rahmed

 

[net]

yeah, me too, although i am not there yet. i hope more people would come to share the info so we could see the furture a little bit better. life is short, how many major career changes could you afford in your life? sorry it sounds very negative, but it is true. there are some statistics online about dental practice, but none of them was about international trained dentists. even for dentists in general, the stats aren't specific and complete enough.

 

[ckvk]

yeah, me too, although i am not there yet. i hope more people would come to share the info so we could see the furture a little bit better. life is short, how many major career changes could you afford in your life? sorry it sounds very negative, but it is true. there are some statistics online about dental practice, but none of them was about international trained dentists. even for dentists in general, the stats aren't specific and complete enough.

Hey,

I was wondering if this friend of urs is a permanent resident or not.

I heard it is difficult for ppl who r not!

ckvk

 

[DENTISTHONEY]

yesterday i heard a new grad from a well-known accredited dental school with AS found a job in NJ with annual salary $70,000-$80,000. it is a little bit lower than i expected considering the huge amount of the loan borrowed and the rigurous training through the dental school. but this is the best offer this person can get, and some dental office even paid less than $70,000. i don't know if this is a regular case or it is an outlier( much lower than the average). it does sound frustrated as most people with MS degree can easily earn $70K/yr, plus they don't have any loans due to education. so what would you say? do we have better endings in the long run or this is pretty much about right of being a dentist, no fantacies.......

Hi guys,

Here's, what I know about this topic. I dont find anything wrong with 70-80k, for a person who freshly come out of a dental school. I think this figure is same for the people who graduates from the normal DDS program. Let me explain u how they fix a pay for a new dentist. when we go to a clinic and talk with a manager of the clinic they will ask us to sign a DEED/ AGREEMENT, that I am gonna to work in that clinic for one year or two year. DEPENDING UPON, HOW THE CLINIC RUNS ( MEANS ON THE PATIENT FLOW), they offer u a deal, that they will give u either 30% or 50% per case. Once u work in this type of clinic, the clinic people will provide u professional insurance. So, u dont have to pay anything for the insurance. On the other hand if u open ur own clinic , u have to buy ur own Insurance. I am posting this information based on my talk with one of the managers of the dental clinic in USA. Thats how the pay varies. If U sign an agreement for longer duration they give u nice percentage, and also if the clinic runs very well and they need dentists u will get good pay. Some places pay the dentists per hour. What I heard they pay 100 $ per hour in las Vegas. So, friends enjoy ur profession, it is one of the highy paid and respected profession in US. I am sorry, if any of my information is wrong.

 

[poumpy]

ok but if you pay back your loan by 1% monthly for 10 years it makes 30 000 only the first year. how do you make it with 80 000 salary ???

 

[panchhi]

hey ,
gud thread..though little negative for people stuggling to get admissions and people starting school like me!!we all feel its one of the highly paid and respected professions ..and most of the people have this opinion looking at practicing dentists who were immigrants themselves..i do!!!but that was 25 yrs back..much more than a decade..and when they started out they did not have such heavy bank loans ..to be paid back..sometimes I wonder what is the future in the long run??
not that i m gona be returning to my home country even if future is not bright.. 🙂 but people who are have more information regarding the scope of dentisty ..plzz post ur inputs..thanks
panchhi.

yeah, me too, although i am not there yet. i hope more people would come to share the info so we could see the furture a little bit better. life is short, how many major career changes could you afford in your life? sorry it sounds very negative, but it is true. there are some statistics online about dental practice, but none of them was about international trained dentists. even for dentists in general, the stats aren't specific and complete enough.

 

[net]

Hey,

I was wondering if this friend of urs is a permanent resident or not.

I heard it is difficult for ppl who r not!

ckvk

this person doesn't have GC yet, she needs h1b sponsorship

 

[dent21]

You can check this if you want some more information:

http://forums.studentdoctor.net/showthread.php?t=281190

http://forums.studentdoctor.net/showthread.php?t=273071

 

[rahmed]

this person doesn't have GC yet, she needs h1b sponsorship

That explains.

 

[gag]

hi guys
i must say 70k for the first yr is a lot as we in Canada r not going to make even that muchthe very first year except if we prefer to work in an under developed areas. in most cases here in Canada, its 40-50k. so u can feel a ittle better after knowing this. just kidding.once we buy our own buisness, we;ll be better off.there r not many options even back home. its along way to go.but by all means i feel its much better here. i don't know ab other shools in india. but i know the drawbacks of mine. there is no comparison of education standards[i'm just pointing out on my own school back home].

 

[rtvj]

I think it depends on which place in the US u r working. A person I know , a fresh graduate got a starting salary of 90K in Dallas. Another one got a starting salary of 115 K in Seatle and she works only 3 days a week!!
I have heard in New Jersery its abt 70-80K, i have no idea why it is low though.

 

[futurdentist]

I think it depends on which place in the US u r working. A person I know , a fresh graduate got a starting salary of 90K in Dallas. Another one got a starting salary of 115 K in Seatle and she works only 3 days a week!!
I have heard in New Jersery its abt 70-80K, i have no idea why it is low though.

I think just like any other job , the salary depends on the demand in that area and also on the cost of living. I know that it's frustrating to know that the salary is lower than one expects, but in the end we're not supposed to be in it for the money, right. As for paying loans , I think if one trys to reduce his expenses especially for the first 1 or 2 years (You don't have to ride a mercedes , just because you're a dentist🙂 , and pays as much of the loan as is possible,that would maybe reduce the interest . And eventually after 2 years of experience you would definitely be making more and paying more of the loan.

 

[NileBDS]

Hello every one, and sorry in advance about this post. It is mean ... I know, but it's the truth.

Why does everyone sound disappointed ? If you are complaining about an $80,000 paying job on your first year, than you might not be ready for it just yet.
Ask the people who have been working $18K-20k/yr assisting jobs and they will tell you.

Reality check ...
Over %90 of the US population makes less than $60,000 a year. Think about that for a minute ...
The average annual wage for full time employee in the USA is no more $40,000 per year.

Now tell me again why you are unsettled that you will be making "only" $80,000/year ? What do you expect to make once you've been in practice for 10 or 15 years ? If you answered X-million, then I would suggest a professional career in robbing banks. You can train for it online nowadays too. It's quite gratifying, and they give you this cute black eye-mask to wear ...

So you have student loans ... who doesn't ? So what ? That is the law of the land, unless you got help from somewhere else. It is no big deal ! You must realize that you will be getting cutting-edge graduate dental education from some of the finest institutions in the world, not to mention that some of the people upset here do not even have to pay taxes, and must acknowledge that it has to come with a price. There are no free rides.

If you are not making upward of $150,000 after your 5th year practicing, then you are doing something wrong.

So you have what, $300,000 in student loans by then ... can't you afford to live on $100,000 a year (you poor thing) and pay $50,000 in student loans for 6 years ? I thought so. The average US dental graduate often has even more debt from undergrad studies ... I don't think you want to be that guy.

Now moving on ... all metro areas are highly competitive ... regardless of the profession. The competition boils down to money as opposed to quality of work or expertise. Who ever gets the job done cheaper gets the contract. Simple as that ... survival 101. Now, if you want to work in such areas, then you must also understand that that is the price you will end up paying. A punch to your paycheck.
If you move out of NY and NJ, then you will be doing both the community and yourself a favor, where you will have the opportunity to supply areas which are in more need for your education and training than NY or NJ.

The average starting salary for a "non-metro" US graduate is in the neighborhood of $100,000. Trust me. And you have all the potential in the world to make even more. It all depends on how much effort you exert in landing a good position and on how much you produce.

I personally know a fresh graduate back in Florida, who pulled $125,000 last year. No lies.

This is a good time for dentistry and dental graduates.

Everyone, it's time to get real.

 

[cheer_up]

Good post, Nile 👍 👍. I just laughed when I saw people whining about making $70K-80K/year as fresh graduates. 🙄 People have got to put things in perspectives. There are very, very few fresh graduates in many other professions making that much money as a starting salary. A lot of the people here worry about paying back loans and that's fair enough, but you've got to remember that the loans for about 95% of you are nowhere close to the those of the regular US dental graduates. They've got undergrad loans and loans for the 4 year dental program. Heck, I've even got more loans than many of them. 🙄 However, I'll be happy making that much in my first or so soon after graduation. Sure, it will be great if I can make more, but $70K-80K/year ain't a small salary in any way. One's salary will increase dramatically after a few years in practice. Sure, it will take you a good few years to pay back your loans, but so what?? You've got a long working time ahead of you to reach a very comfortable life financially.

 

[g3k]

I agree with Nile and Cheerup....and I have tried explaining this to so many and a few would agree, so I didn't care to post or reply to the whining.

 

[gumpads]

Hi,

I'm not posting this to offend any one. After so much said about reality, undergrad + grad loan etc etc
I wanna let you know why $80,000 will be less for people like me-

Say suppose we get $80,000 🙁 (i.e 5200-5400) monthly and well, although you guys know how it goes from here let me tell you again. If you are taking private loan like me then you will end up paying $3000/month for your payments. Mind you that any thing below $1500 will go only for your interest and no principle will be touched.
So, whats left $2200-2400. From here its your personal business be it your car bill, utility bill or house loan/rent etc etc....

This loan is driving me crazy for sure, and i know there are many people out there thinking like me. Some may ask why bother....but guys Dentistry is all i know and want to do.

If you dont agree please move on. I dont wanna start some thing that varies from person to person.

 

[muscleman7911]

Good one Nile_BDS and Cheer_UP

And its not like everyone gets that amount, I do know a couple of fresh graduates who make 125Gs, and it all depends on where the individual chooses to practice i guess, like Nile already mentioned...

and as far as loans are concerned.. everyone would have it and have to deal with it.. so there should nt be any whining.. LOL
especially for international students like me.. who would come in with a masters program 😀 which would add up another 30gs up to the loan!! 🙄

Advantage of having two earning members in a house hold plays a good role in this time period.. 😛

 

[kilani]

This is a good time for dentistry and dental graduates.

Everyone, it's time to get real.

Outstanding analysis and conclusion 👍 no body benefits from whining and complaining, keep spirits up... do what you have to do in school, and hopefully you'll find the right job, and prosperity soon after 😀

Speaking of "where to work"..... do you guys know at this early stage where do you want to practice... have you been thinking about this? I'm assuming it's something we need to kinda decide early in school to be able to coordinate the right way when it comes to boards & state licensure ... no 😕 , what are your thoughts ?

I have been thinking about going back to Virginia (south-side), but not sure, the theory goes with what Sherif was saying about practicing away from big metro areas, but then since I will be attending a CA school, may be I should be looking for opportunities there.... I dunno ....

 

[D(M)ental]

Outstanding analysis and conclusion 👍 no body benefits from whining and complaining, keep spirits up... do what you have to do in school, and hopefully you'll find the right job, and prosperity soon after 😀

Speaking of "where to work"..... do you guys know at this early stage where do you want to practice... have you been thinking about this? I'm assuming it's something we need to kinda decide early in school to be able to coordinate the right way when it comes to boards & state licensure ... no 😕 , what are your thoughts ?

I have been thinking about going back to Virginia (south-side), but not sure, the theory goes with what Sherif was saying about practicing away from big metro areas, but then since I will be attending a CA school, may be I should be looking for opportunities there.... I dunno ....

My 2 cents....
Since we can sit for any state/regional boards I would get my degree from any school and go on to practice where ever I want.
Start of D-school may be a good time to think about it since you can work toward your 'ideal practice location' ASAP 😀

 

[NileBDS]

Hey Gum.
I understand your concerns, and to me, they are very valid. However you must take one more thing into consideration ... you're not going to be making $80K for the rest of your life. It only goes upward from there.
What I am trying to say is if you have to make "interest only" payments for the first couple of years, so be it. You should be doing much better than $80k by then, and eventually after you are able to build up some steam, will be able to make "principal only" payments. And of course you must not forget that your balance, provided that you make constant payments, will only get smaller as your paycheck gets fatter! Right ?
To be realistic, I would suggest you give yourself 4-6 years for every $100,000 you originally take out in student loans (since that $100k will grow substantially by the time you completely pay it off due to intrest accrual).
No worries ... you're not the first and I assure you that you are definately not the last.

Hi,

I'm not posting this to offend any one. After so much said about reality, undergrad + grad loan etc etc
I wanna let you know why $80,000 will be less for people like me-

Say suppose we get $80,000 🙁 (i.e 5200-5400) monthly and well, although you guys know how it goes from here let me tell you again. If you are taking private loan like me then you will end up paying $3000/month for your payments. Mind you that any thing below $1500 will go only for your interest and no principle will be touched.
So, whats left $2200-2400. From here its your personal business be it your car bill, utility bill or house loan/rent etc etc....

This loan is driving me crazy for sure, and i know there are many people out there thinking like me. Some may ask why bother....but guys Dentistry is all i know and want to do.

If you dont agree please move on. I dont wanna start some thing that varies from person to person.

 

[NileBDS]

Good post, Nile 👍 👍. I just laughed when I saw people whining about making $70K-80K/year as fresh graduates. 🙄 People have got to put things in perspectives. There are very, very few fresh graduates in many other professions making that much money as a starting salary. A lot of the people here worry about paying back loans and that's fair enough, but you've got to remember that the loans for about 95% of you are nowhere close to the those of the regular US dental graduates. They've got undergrad loans and loans for the 4 year dental program. Heck, I've even got more loans than many of them. 🙄 However, I'll be happy making that much in my first or so soon after graduation. Sure, it will be great if I can make more, but $70K-80K/year ain't a small salary in any way. One's salary will increase dramatically after a few years in practice. Sure, it will take you a good few years to pay back your loans, but so what?? You've got a long working time ahead of you to reach a very comfortable life financially.

Hey Maria ... how are you ?!
Now what are you doing with all those loans already ? Let me guess, shoe and hats ? lol ... chocolates ? (Just kidding).
I agree with your post ... most people new to this country think that it is normal for you to make $80k on your first year (of probably your first job). Nope. Not true. Anything above $50k/yr means that you're doing well ... if you're making 6 figures, it just means that you are flat out rich (relatively speaking, and provided that you don't live in Beverly Hills already). You must appreciate what you are getting into.
Thanks again Maria, and i'll talk to you soon !
Bye and Good Luck !

 

[cheer_up]

Hey Maria ... how are you ?!
Now what are you doing with all those loans already ? Let me guess, shoe and hats ? lol ... chocolates ? (Just kidding).
I agree with your post ... most people new to this country think that it is normal for you to make $80k on your first year (of probably your first job). Nope. Not true. Anything above $50k/yr means that you're doing well ... if you're making 6 figures, it just means that you are flat out rich (relatively speaking, and provided that you don't live in Beverly Hills already). You must appreciate what you are getting into.
Thanks again Maria, and i'll talk to you soon !
Bye and Good Luck !

Hey Sherif,
No problem, buddy. You are a sensible person. 😀
I'm good. How are you???
What loans have I got already?....Well, let's see...oh yeah..chocolates...hmmm yummy 🙂. No, seriously, I've got loans from my undergrad degree, then loans to get my British dental degree, and now more loans to come for the Advanced Standing Program. So, yup, I've got loans coming out of my ears, literally. I'm quite jealous of a lot of you in that you only have to worry about loans for 2-3 years of dental training. 😛 So, count yourselves lucky that you don't have as many loans as I do and stop whining!!!😀

BTW, Sherif, your hypothetical suggestion of "robbing banks" and wearing little black eye masks cracked me up.

 

[panchhi]

hey Nile,
gud post!!!every line makes so much sense tht it is truly encouraging..!!! 🙂
panchhi.

Hello every one, and sorry in advance about this post. It is mean ... I know, but it's the truth.

Why does everyone sound disappointed ? If you are complaining about an $80,000 paying job on your first year, than you might not be ready for it just yet.
Ask the people who have been working $18K-20k/yr assisting jobs and they will tell you.

Reality check ...
Over %90 of the US population makes less than $60,000 a year. Think about that for a minute ...
The average annual wage for full time employee in the USA is no more $40,000 per year.

Now tell me again why you are unsettled that you will be making "only" $80,000/year ? What do you expect to make once you've been in practice for 10 or 15 years ? If you answered X-million, then I would suggest a professional career in robbing banks. You can train for it online nowadays too. It's quite gratifying, and they give you this cute black eye-mask to wear ...

So you have student loans ... who doesn't ? So what ? That is the law of the land, unless you got help from somewhere else. It is no big deal ! You must realize that you will be getting cutting-edge graduate dental education from some of the finest institutions in the world, not to mention that some of the people upset here do not even have to pay taxes, and must acknowledge that it has to come with a price. There are no free rides.

If you are not making upward of $150,000 after your 5th year practicing, then you are doing something wrong.

So you have what, $300,000 in student loans by then ... can't you afford to live on $100,000 a year (you poor thing) and pay $50,000 in student loans for 6 years ? I thought so. The average US dental graduate often has even more debt from undergrad studies ... I don't think you want to be that guy.

Now moving on ... all metro areas are highly competitive ... regardless of the profession. The competition boils down to money as opposed to quality of work or expertise. Who ever gets the job done cheaper gets the contract. Simple as that ... survival 101. Now, if you want to work in such areas, then you must also understand that that is the price you will end up paying. A punch to your paycheck.
If you move out of NY and NJ, then you will be doing both the community and yourself a favor, where you will have the opportunity to supply areas which are in more need for your education and training than NY or NJ.

The average starting salary for a "non-metro" US graduate is in the neighborhood of $100,000. Trust me. And you have all the potential in the world to make even more. It all depends on how much effort you exert in landing a good position and on how much you produce.

I personally know a fresh graduate back in Florida, who pulled $125,000 last year. No lies.

This is a good time for dentistry and dental graduates.

Everyone, it's time to get real.

 

[Dentoman]

My opinion is that as a fresh grad you should be getting around 95-100k at least to start, assuming you dont choose to work in a super-saturated area.
Many places will pay you on production/collection and if you have descent skills, you should have no problem making that much. Borrow the absolute minimum to get you through school and have some sort of financial plan and you should be ok.

 

[will-be-fine]

Hi, guys, i doubt if a new graduate who was already a skilled dentist before he went to the US dental school earns $70-80k when he graduate. The low start salary is mainly attributalbe to the limited clinical experience and dental skills of the new graduate or just because he is new to the dental office?

Besides, is it possible that patients tend to have a US dentist rather than an international dentist? Dose an international dentist earn as much as a US dentist on average?

Do you parctice implantology? What if the international dentist was skilled in implantology? Dose he still earn 70-80K as a start salary right out of dental school?

And by the way, normally, what's the percentage most dental office offer?

 

[DJAmmz]

My father's was very similar when he first graduated from UfT. However, now it is much more than double (been about 4 years since he got out). And this is while working with someone other dentist's practice. He's openning his own this fall, I believe.

 

[net]

OK, i just want to add a little bit more about this person's background: DDS equivalent degree from home conutry, three years specialty training in prothodontics(home country), Ph.d in biomedical area(US), and two years AS with DDS degree from a prestigous dental school in US.

 

[the matrix]

If yearly salary is 80000$, then monthly after taxes ~ 4600$

Hi,

I'm not posting this to offend any one. After so much said about reality, undergrad + grad loan etc etc
I wanna let you know why $80,000 will be less for people like me-

Say suppose we get $80,000 🙁 (i.e 5200-5400) monthly and well, although you guys know how it goes from here let me tell you again. If you are taking private loan like me then you will end up paying $3000/month for your payments. Mind you that any thing below $1500 will go only for your interest and no principle will be touched.
So, whats left $2200-2400. From here its your personal business be it your car bill, utility bill or house loan/rent etc etc....

This loan is driving me crazy for sure, and i know there are many people out there thinking like me. Some may ask why bother....but guys Dentistry is all i know and want to do.

If you dont agree please move on. I dont wanna start some thing that varies from person to person.

 

[Georgian]

joijojj