Any dentists out there struggling with loans?

[P7898]

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I have not, but I intend (at the moment) to return to my home town that only has a hand full of periodontists and a rapidly growing population in Texas and open my own place as soon as financially possible.

Specialists = bailing out and handling complications
GP = as much as you can handle legally

haha

 

[P7898]

have you talked to recent grads about job prospects? Starting salary etc

I have and it is all variable. I know a ton of GPs that are on par with perio and omfs income... just gotta live where you are needed. What it comes down to as a perio and omfs is your network and referral system. That is all. GP, it comes down to your marketing skills and practice management.

 

[Combine33]

I have and it is all variable. I know a ton of GPs that are on par with perio and omfs income... just gotta live where you are needed. What it comes down to as a perio and omfs is your network and referral system. That is all. GP, it comes down to your marketing skills and practice management.

Exactly, I think that if you ask, you'll get answers that wont exactly pertain to your circumstances. Its really up to you and where you end up.

 

[Combine33]

Specialists = bailing out and handling complications
GP = as much as you can handle legally

haha

And thats why specialists will always be needed hahaha

 

[deleted721052]

I have and it is all variable. I know a ton of GPs that are on par with perio and omfs income... just gotta live where you are needed. What it comes down to as a perio and omfs is your network and referral system. That is all. GP, it comes down to your marketing skills and practice management.

i know it’s a discussion about money/loand here, but even on the whole forum, specializing is only acceptable if it’s to make more money than GPs. And to me, that sounds like a terrible thing. Oh, i could make banks doing ortho, but i would be the saddest ortho out there.

 

[P7898]

i know it’s a discussion about money/loand here, but even on the whole forum, specializing is only acceptable if it’s to make more money than GPs. And to me, that sounds like a terrible thing. Oh, i could make banks doing ortho, but i would be the saddest ortho out there.

Gotta do what you love. Some people love being a primary care provider and establishing relationships with everyone in their community.

 

[Cold Front]

I went to a state school, took out the total cost and graduated in 2018 with under 250k. Did a paid AEGD and I owed less than the other 12 residents, with the average debt close to 500k. Worked for a year as an associate and paid some of my loans off. Going to another state school for perio, where I anticipate my total debt will be somewhere around 500k with interest. The way I see it, if you can become a specialist for under or around 500k, you're ahead of the average GP graduating in our generation. As we all know, nothing is "yes or no", "0 or 1", "Black or white" you need to make that determination for yourself.

Not sure if I agree with the narrative “specialist with $500k in student loans > GP with the same amount of debt”.

If we are speaking in pure financial terms, I would bet on the GP - because he/she pretty much doesn’t need any referrals to see patients (the gatekeeper) and can start a practice/multiple offices than a specialist. It would be a day and night comparison in this example.

If we are speaking in apples to apples terms, then yes, on average, a specialist would earn more than a GP to pay their $500k debt sooner.


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[P7898]

Not sure if I agree with the narrative “specialist with $500k in student loans > GP with the same amount of debt”.

If we are speaking in pure financial terms, I would bet on the GP - because he/she pretty much doesn’t need any referrals to see patients (the gatekeeper) and can start a practice/multiple offices than a specialist. It would be a day and night comparison in this example.

If we are speaking in apples to apples terms, then yes, on average, a specialist would earn more than a GP to pay their $500k debt sooner.


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Yes, all depends on what you want out of the career!