Get out while you can.

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And also, it's NOT to late to quit unless you are in your 4th yr of med school by which time you will have invested way too much time/money to stop and might as well just slog through the rest of it.
You are absoultely wasting every bit of your time typing these posts... You will not convince a single person on here who's either applying or already in but not yet reached 4th year yet to drop out and switch careers because of what some internet poster says. You will not. Not one person. You're better off spending your time catching up on your sleep.
 
guys guys...URVASI, URVASI- take it easy POLICY!!- thats the way to go!
 
No worries. I know I can;t convince anybody. I have a family member that is a neurosurgeon. They do NOT make $1 mil, nor $20k per surgery.

Good luck to everybody. Remember what i'm saying: this time it's different. There is not doctor = $150k guarantee.

When you guys get into residency, you will understand.
 
Yeah, I have received an infarction and Im a 2K+ MEMBER...what good deeds can I prove taht i am a good guy...donations...what can I do guys?
 
Meh, I'm unimpressed.

I doubt we're going to be paid that poorly. I absolutely expect to be compensated for my work (what can I say, I like nice stuff, so shoot me) and I did indeed pick medicine in part because it will allow me to live well. There's nothing wrong with that.

On the other hand, it really REALLY bugs me when people are like "there are other more lucrative careers out there". Oh, really? Shoot. No, seriously, I want to hear what they are. Let me guess, lawyer? Hmmm yeah that sounds good in theory, except that it's not really the case. For every corporate attorney who's billing a zillion dollars an hour, there are hundreds of others who are making less cash than MD's. "Business"? That's my favorite. Again, the AVERAGE businessman/woman still makes less than the average doctor, if you consider all types of businesses. People think of the outliers (the people who got a bunch of money from the govt on Wall Street, Steve Jobs and the rest of the techie people, the big CEO's), but not of the average guy working an average job at an average-sized company. Think Office Space. You think that guy is making as much money as a doctor? Unlikely. And even Wall Street isn't what it used to be anymore. I used to be terribly envious of people I knew who worked at Morgan Stanley, but....guess what, they don't have a job. And think about the people at GM and Chrysler- you think they are thrilled with their choice of working in "business" right now? Nah, they probably wish they'd picked something more stable, that isn't so strongly affected by the economy.
What else is there? A Professor at a big university who gets grants might make as much as an average doctor, but not only would you have to get a PhD to get there (which takes for bloody ever), you'd also have to deal with the nightmarish publish-or-perish world of academia. Oh, and as someone who used to work at a big university, trust me, they're having financial problems too.

So yeah, tell me a career that has the same average salary as medicine, and I'll believe there's a better option out there. The problem is, I have zero interest in a desk job (bye bye business and law), don't want to be a crook, don't want to look at teeth all day, and am not as smart or creative as Steve Jobs. Medicine it is.
 
Meh, I'm unimpressed.

I doubt we're going to be paid that poorly. I absolutely expect to be compensated for my work (what can I say, I like nice stuff, so shoot me) and I did indeed pick medicine in part because it will allow me to live well. There's nothing wrong with that.

On the other hand, it really REALLY bugs me when people are like "there are other more lucrative careers out there". Oh, really? Shoot. No, seriously, I want to hear what they are. Let me guess, lawyer? Hmmm yeah that sounds good in theory, except that it's not really the case. For every corporate attorney who's billing a zillion dollars an hour, there are hundreds of others who are making less cash than MD's. "Business"? That's my favorite. Again, the AVERAGE businessman/woman still makes less than the average doctor, if you consider all types of businesses. People think of the outliers (the people who got a bunch of money from the govt on Wall Street, Steve Jobs and the rest of the techie people, the big CEO's), but not of the average guy working an average job at an average-sized company. Think Office Space. You think that guy is making as much money as a doctor? Unlikely. And even Wall Street isn't what it used to be anymore. I used to be terribly envious of people I knew who worked at Morgan Stanley, but....guess what, they don't have a job. And think about the people at GM and Chrysler- you think they are thrilled with their choice of working in "business" right now? Nah, they probably wish they'd picked something more stable, that isn't so strongly affected by the economy.
What else is there? A Professor at a big university who gets grants might make as much as an average doctor, but not only would you have to get a PhD to get there (which takes for bloody ever), you'd also have to deal with the nightmarish publish-or-perish world of academia. Oh, and as someone who used to work at a big university, trust me, they're having financial problems too.

So yeah, tell me a career that has the same average salary as medicine, and I'll believe there's a better option out there. The problem is, I have zero interest in a desk job (bye bye business and law), don't want to be a crook, don't want to look at teeth all day, and am not as smart or creative as Steve Jobs. Medicine it is.

For the most part I agree with you, but I think you answered your own question.
 
Eh, not really. If I'm not mistaken, the average dentist still makes less money than the average physician. They're definitely close, but still not the same.

Yeah, but with less training and a 4-day, 35-hour work week. Calculate and compare that hour for hour! 😳

At the end of day, if some of my salary is really going to help some needy person, then ok. If it's going to some businessman or beurocrat or inefficient system, then I am definately not down with that.
 
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Citigroup is raising salaries 50% because paying bonuses looks bad!!! Yay for gov't bailouts!!

Their rationale is that by giving employees higher salaries, they would be less likely to flee to more stable banks. :laugh:
 
well, sure, but in order to truly succeed as a small business owner, you have to have a creative and good idea to get investors and you take a pretty huge risk cause if what you came up with doesn't work, you lose your money, the investors' money, and your employees' money. Medicine, for what it's worth, is a pretty low-risk career if you want it to be. You can make good money working in someone else's practice or create your own and assume all the responsibility as well as risk. It's a matter of personal taste and willingness to take on that kind of challenge.
 
You don't make money without taking a risk. The more risk you take, the more money you can make.

Medicine is a low-risk career? Borrowing one hundred and fifty thousand dollars for four years of medical school is not risky, especially when someone other than the market threatens to determine what your services are worth? Letting an exam (USMLE Step 1) determine what kind of doctor you can be is not risky? Treating a person's illness and making decisions that could kill them and cost you your career and savings and get you thrown in jail is not risky? Being around infectious disease and constantly exposing yourself to nasty pathogens is not risky? Sacrificing sleep, well-being, and family life for work is not risky?

Shirley you can't be serious...

Work for the man for a few years, go to the bank and get a loan, open a Subway franchise. You'll probably make the same amount of money as a doctor, and that's a hell of a lot less risky and requires little creative thought, just a lot of grunt work.
A bit off-topic: isn't it "Surely, you can't be serious?" And then the guy says not to call him Shirley? My memory of 'Airplane!' is failing! :scared:

On topic: I agree with atomi that medicine is not a low-risk career. It's a stable career in that you're nearly guaranteed a job and a decent income coming out of training, but that doesn't mean it's low-risk.
 
On topic: I agree with atomi that medicine is not a low-risk career. It's a stable career in that you're nearly guaranteed a job and a decent income coming out of training, but that doesn't mean it's low-risk.

Then I think it's an issue of semantics. I don't usually agree with LET, but I share her definition of low risk. Few things in life are a sure thing, but all of us are willing to invest a decade of our life into medical education because it pays off if you're reasonably smart and competitive like I think we all are.

If any of us were truly interested in something else, we wouldn't be going down this road. I think we've all made the decision that the opportunity cost of medical school works better for us than any other career choice.
 
Then I think it's an issue of semantics. I don't usually agree with LET, but I share her definition of low risk. Few things in life are a sure thing, but all of us are willing to invest a decade of our life into medical education because it pays off if you're reasonably smart and competitive like I think we all are.

If any of us were truly interested in something else, we wouldn't be going down this road. I think we've all made the decision that the opportunity cost of medical school works better for us than any other career choice.

Agree with this analysis. Going into medicine isnt a choice that I think any of us would make lightly.
 
You don't make money without taking a risk. The more risk you take, the more money you can make.

Medicine is a low-risk career? Borrowing one hundred and fifty thousand dollars for four years of medical school is not risky, especially when someone other than the market threatens to determine what your services are worth? Letting an exam (USMLE Step 1) determine what kind of doctor you can be is not risky? Treating a person's illness and making decisions that could kill them and cost you your career and savings and get you thrown in jail is not risky? Being around infectious disease and constantly exposing yourself to nasty pathogens is not risky? Sacrificing sleep, well-being, and family life for work is not risky?

Shirley you can't be serious...

Work for the man for a few years, go to the bank and get a loan, open a Subway franchise. You'll probably make the same amount of money as a doctor, and that's a hell of a lot less risky and requires little creative thought, just a lot of grunt work.

Hmmm well yeah sure, but then you can make the argument that going to college, which you may or may not graduate from and which may or may not help you get a job, is a risk. I mean, everything is a risk because it's based on how much work you're willing to put into it. Also, if you compare the graduation rates for college and med school, it's no contest. If you got into med school, you're capable of graduating, and the odds are what, 98% or something that you will. Yeah, Step 1 is nasty, but still, the majority of US-MD students pass it eventually, and they do get a residency. And isn't the debt repayment average for MD's 100%?

I don't know, I feel like medicine is still the most stable, lower-risk for higher-rewards career out there. Maybe it's a matter of what I've personally seen, but I've come across WAY more failed businesses than doctors out of a job. Hell, if you don't want to practice medicine anymore, you can work at a pharmaceutical, too. Or research. You'll have a job. I'd be curious to compare the likelihood of having a 6-figure salary for an incoming medical student vs. someone who's starting his own small business. I actually have no idea what the results would be, but I still suspect the med student is more likely to have that income in 6 or 7 years than the average small business startup owner.
 
Hmmm well yeah sure, but then you can make the argument that going to college, which you may or may not graduate from and which may or may not help you get a job, is a risk. I mean, everything is a risk because it's based on how much work you're willing to put into it. Also, if you compare the graduation rates for college and med school, it's no contest. If you got into med school, you're capable of graduating, and the odds are what, 98% or something that you will. Yeah, Step 1 is nasty, but still, the majority of US-MD students pass it eventually, and they do get a residency. And isn't the debt repayment average for MD's 100%?

I don't know, I feel like medicine is still the most stable, lower-risk for higher-rewards career out there. Maybe it's a matter of what I've personally seen, but I've come across WAY more failed businesses than doctors out of a job. Hell, if you don't want to practice medicine anymore, you can work at a pharmaceutical, too. Or research. You'll have a job. I'd be curious to compare the likelihood of having a 6-figure salary for an incoming medical student vs. someone who's starting his own small business. I actually have no idea what the results would be, but I still suspect the med student is more likely to have that income in 6 or 7 years than the average small business startup owner.

Yes. Atomi may be correct that to become wealthy business is generally the only way left (law may provide the same opportunity), but business is way more risky than medicine. Businesses don't have to be poorly run to fail--smart businessmen fail as well. Whereas smart med students become smart doctors, and so on. Smart B school graduates aren't always financially successful, especially if they start their own business.
 
borat-high-five.jpg


+1👍 I love that movie. This suit is black.....................................................NOT!
The OP has only 6 post all within this thread and recently joined. I am surprised this thread has went on long enough based on a Troll. Admins should close this thread.
And to all considering Medicine only for the Money, Consider a different field that does not involve the SAVING OTHER PEOPLE'S LIVES!
 
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Yeah, but with less training and a 4-day, 35-hour work week. Calculate and compare that hour for hour! 😳

Agreed. If dentists worked the same hours as physicians, they'd be way above the average.
 
I hear of lot of docs or med students say they whould have went to investment banking, but don't see what would be so great about that. I don't even think it is nearly as close to as lucrative besides for a few.
 
+1👍 I love that movie. This suit is black.....................................................NOT!
The OP has only 6 post all within this thread and recently joined. I am surprised this thread has went on long enough based on a Troll. Admins should close this thread.
And to all considering Medicine only for the Money, Consider a different field that does not involve the SAVING OTHER PEOPLE'S LIVES!

The whole going into medicine for the money thing is over simplified. very very few people would become doctors for little money. People who become doctors just for the money isn't good for medicine either.
 
Ok, I need to clear up a misconception here that is common among those who have never left an academic setting.

Everything is a business. Let me repeat that. Everything is a business. Law is not a separate entity from business. Yes, they are separate degrees, but a law firm is a business (an organization that sells or trades its services or products). The most successful lawyers are the ones who own and run the business (the partners). The most successful doctors are the ones who own and run their practices. The most successful bankers are the ones who own and run the bank. The most successful engineers are the ones who own and run the technology company.

You do not need a degree in business to be a businessman or business owner. If you are not a business owner, then you are working for one. You are all smart people. Your goal should be to be at the top of the food chain - the one who creates jobs. The janitor who you hire to clean the bathroom in your doctor's office or pharmacy contributes none of his labor to others - he is the end recipient - he contributes nothing beyond the products of his physical labor. You, the business owner, make more money, but you also contribute a lot of your intellectual effort to those whom you employ. You at the top consume very little compared to the amount you provide (versus the janitor at the bottom who consumes everything provided to him and gives nothing in terms of offering employment or knowledge to others). This is a crucial concept that young people often fail to understand (I didn't understand it until after I left college, either, which is why I am trying to pound this into your heads).

As a doctor, your ability to provide is two-fold. Not only are you a business owner and provide employment for those who work for you, but you also provide livelihood for your clients indirectly through the nature of your work. This is one of the main reasons I am going into medicine -- to contribute more than I currently am. You are at the very high end of contributors to society, and it is an insult to think that there are those out there (are you listening, Chris McCoy?) who think it is reasonable that you earn on par with the lower level staff whom you employ.

All right, let ME clear up a misconception for you. I have left an academic setting. I am a non-trad dude. I have had jobs, but nothing I wanted to make into a career. But your condescension pisses me off. You're correct that everything is a business, but making medicine solely a business is why are health care system sucks--i.e. insurance companies and for profit hospitals put the bottom line above patient care. The idea of reform is to fit the realities of what happens in the free markets (race to the bottom on care) with what happens in completely socialized medicine (little innovation, low quality care.

Again, the problem with your position is that some physician salaries are 500k plus. When we say salaries could be lowered, we're not talking about the FP who makes 120k, we're talking about the plastic and the derm who are making half a mil. Nobody is denigrating the value any physician provides to society, but half a mil to do face lifts while 5 miles away there are people who cannot even visit the doctor for their GERD. That is immoral.

There is nothing wrong with making a lot of money. there is a problem when the most humanistic profession becomes focused on the bottom line. If making tons of money affects the whether people can or cannot receive care, it is time to prioritize differently.

Atomi, this is the second time you've made an incorrect assumption about me (the first was in a PM). Not to mention you told me what I believe about altruism is "evil." I am losing my patience with you. I respect your beliefs without drawing conclusions about you, I hope you can return the same regard.
 
OP, nobody forced you to go into medicine, or is currently forcing you to stay in it. Take your bitterness elsewhere.
 
It sounds like you want to be a doctor because the stats are in your favor that you will not fail. That's walking a fine line there. Everyone who gets into college is able to pass too - but they are often young and choose not to do the work. Thinking that you can work hard to get into med school and then put your life on cruise control is a recipe for disaster in my opinion. You still need to be creative and hard-working to succeed. And honestly, if you are smart enough to get into med school, then you are smart enough to run a business. I've done it -- it's not that hard. It just requires some grunt-work and a little bit of thinking outside of the box that most pre-med type-A personalities are deathly afraid of. Oh, and a willingness to put everything on the table.

Most doctors are very envious of successful business owners, not only because they make far more money, but because they weren't afraid to take the path less traveled and build something from nothing. In my opinion, the opportunities for MD to run a successful business are immense because so many MDs are afraid to venture into that realm. You have to be unafraid of losing everything, which is something that chills most MDs to the bone because they have invested so much time to reach a comfortable, but stagnated career.


Hmm, well, first of all, don't assume you know why I (or anyone else on this forum) want to do this. I have no idea why you do, you have no idea why I do.

I never said that you could be on cruise control in med school. I simply said that med school is one of those few endeavors in which the hardest worker is actually often the most successful. Getting in is a good indicator that you're capable of doing the work, and theoretically motivated enough to work hard. Of course, each person handles it differently. But the stats don't lie- most people who start med school graduate. Why? Cause they can, and by then they have demonstrated that they want to. Why do I assume that I'll graduate? Cause I can, and clearly I want to. And you can't deny that medicine is an incredibly stable profession as far as always having a job. The only doctors I know without a job are Carib grads who never got a residency and are trying to obtain one.

Actually, your paragraph about what a successful businessman must do precisely proved my point. It's risky. You DO have to lay everything on the line. Have you ever considered, from your oh so mighty high horse, that perhaps us type-A types aren't "afraid" of laying it all on the line to make the big bucks, but just don't care enough to do so? You talk of success like it's directly proportionate to salary. Hell, I'll feel pretty successful as an MD with a salary that allows me to live well, and patients who like me. Starting my own version of Kaiser or some other massively successful conglomerate sounds cool, I suppose, but I'm just not that interested in it. I like the idea that if I have kids, I won't be investing all my money and future into an idea that might very well tank and screw them out of a college education. I like the fact that I won't have my first heart attack at 40 because of trying to keep 20 balls up in the air. I like that I won't be afraid of losing my job at the economy's every whim.

That IS part of why I picked medicine. It's a good bang for my buck. All I'm investing now is my time and yes, some loan money, but I have the knowledge that I'm smart enough to do it, the knowledge that I'm motivated enough to do it, and the knowledge that US med schools just don't let you fail out that easily. And the knowledge that at the end of the journey, I'll have a job that'll give me what I want out of life without giving me that heart attack at 40. I'm not investing in an unsure market, or a business venture that may or may not work based on what people want. I'm investing in myself, with the best odds I can get. It's hardly the same thing.

As I said, the day someone can suggest to me a way to be equally successful with equal or lesser work and equal or lesser risk, I'll consider it.

I understand you don't really respect the viewpoint of those who don't want to treat medicine as a business to build upon and invent. I mean, if you do, awesome. I hope whatever you come up with makes you feel successful (however you define that) and that it helps your patients out (since theoretically that's what this is about). However, I don't think that people work for "the man" or forgo taking a big leap of faith with their own ideas strictly out of fear, and it's insulting for you to suggest that it's the only possible reason.

Oh, and I'm a non-trad too, so there's no need for the "let me teach you a few things about the world, little girl" attitude.
 
Well take a nap. Then FIRE ZEE MISSILES!
 
😉 NEVER gets old! It's crazy!



Ps- aaaaaaaaahhhhhhhh mothalaaaaaaaaaaand

Seriously. I saw that vid my senior year in hs...that was like 7 years ago. Talk about viral...
 
Seriously. I saw that vid my senior year in hs...that was like 7 years ago. Talk about viral...
It's sad how much we relied on Flash before bandwidth increases popularized streaming videos. At least now we have a choice.
 
I am extremely dismayed by the callous responses on this thread. Maybe the OP is a troll, maybe not. I have 4 physicians in my immediate family (as well as others in my extended family), who have all told me the exact same things as the OP. They told me not to go to med school for similar reasons, that it involved too much sacrifice and insufficient benefit as compared to other lucrative fields that still provided a high quality of life. (However, I was still interested in pursuing medicine as a career despite their reasoning.) Although I'm obviously not discouraging anyone from being a physician, I think it's wise for students to really consider what they are entering into - instead of rudely blowing off someone's (most likely) well-intentioned advice.

:clap:
 
AND, this change in income assumes that you only take patients covered under the new public insurance plan. Private insurance still exists. Businesses will still pay for it. I'm still going to be filthy rich. WHEEEEEEE!!!!!!!!!

But how are private insurance providers going to be able to compete with a government run health plan?
 
Am I missing something here?

Granted, I am just a college student, so maybe there is something that I am just not getting. But, as far as I know, even with this new health plan Obama is pushing, most Americans will end up remaining with their private insurance providers.

So how would physician salaries at all be affected? You take the same patients you've been taking with their private insurance plans, and reject patients sporting the government subsidized plan.

It doesn't seem like much would change, unless, again, I am missing something here...
 
Am I missing something here?

Granted, I am just a college student, so maybe there is something that I am just not getting. But, as far as I know, even with this new health plan Obama is pushing, most Americans will end up remaining with their private insurance providers.

So how would physician salaries at all be affected? You take the same patients you've been taking with their private insurance plans, and reject patients sporting the government subsidized plan.

It doesn't seem like much would change, unless, again, I am missing something here...

Insurance reimbursements are supposed to go down and private insurers will follow the lead. At least for those outside of primary care. When reimbursements go down, salaries go down.
 
Meh, I'm unimpressed.

I doubt we're going to be paid that poorly. I absolutely expect to be compensated for my work (what can I say, I like nice stuff, so shoot me) and I did indeed pick medicine in part because it will allow me to live well. There's nothing wrong with that.

On the other hand, it really REALLY bugs me when people are like "there are other more lucrative careers out there". Oh, really? Shoot. No, seriously, I want to hear what they are. Let me guess, lawyer? Hmmm yeah that sounds good in theory, except that it's not really the case. For every corporate attorney who's billing a zillion dollars an hour, there are hundreds of others who are making less cash than MD's. "Business"? That's my favorite. Again, the AVERAGE businessman/woman still makes less than the average doctor, if you consider all types of businesses. People think of the outliers (the people who got a bunch of money from the govt on Wall Street, Steve Jobs and the rest of the techie people, the big CEO's), but not of the average guy working an average job at an average-sized company. Think Office Space. You think that guy is making as much money as a doctor? Unlikely. And even Wall Street isn't what it used to be anymore. I used to be terribly envious of people I knew who worked at Morgan Stanley, but....guess what, they don't have a job. And think about the people at GM and Chrysler- you think they are thrilled with their choice of working in "business" right now? Nah, they probably wish they'd picked something more stable, that isn't so strongly affected by the economy.
What else is there? A Professor at a big university who gets grants might make as much as an average doctor, but not only would you have to get a PhD to get there (which takes for bloody ever), you'd also have to deal with the nightmarish publish-or-perish world of academia. Oh, and as someone who used to work at a big university, trust me, they're having financial problems too.

So yeah, tell me a career that has the same average salary as medicine, and I'll believe there's a better option out there. The problem is, I have zero interest in a desk job (bye bye business and law), don't want to be a crook, don't want to look at teeth all day, and am not as smart or creative as Steve Jobs. Medicine it is.

Sales = money.

I worked with many people earning over 200k in sales at a major bank, and I was just under that figure.

money = boring

There is more to life.
 
No worries. I know I can;t convince anybody. I have a family member that is a neurosurgeon. They do NOT make $1 mil, nor $20k per surgery.

Good luck to everybody. Remember what i'm saying: this time it's different. There is not doctor = $150k guarantee.

When you guys get into residency, you will understand.

This is not a troll.

Also, I'm good making 80-100k per year (even after 4 year residency).

Also, kind of scared of national healthcare now.
 
You don't have to lay everything on the line in the business world. How you go about building the business will depend on what you are risking. I know of one company that is looking for investors to invest 1.2 million dollars so they can build two local community websites. Investors won't invest money with this strategy. It shouldn't cost any money to build the website. All they need to do is pay a sales team and build the database. That simple. But they are doing it the hard way.

Business is NOT risky.

Anyone willing to make connections with good social skills and a SOLID work ethic 50-60 hrs a week with good focus and health (need to have energy), can earn 200k per year EASILY within 2-5 years.

EASILY. People who disagree haven't ever been in a growing business or a strong business. What do you think people at Bank of America, Chase, Wells Fargo, etc. make? All the financial companies were paying fat paychecks DURING the recession. Once that clears it will be even more lucrative.

But you will soon lose all your desire if you just set out to work for money. That's what I did, and life becomes dull when your sole motivation is a paycheck.
 
There is more to life.

Of course there is. Like being exploited as a resident for 5 or more years or finishing a residency and finding out the clinic hired a nurse to do the same job youre doing. and heres the kicker... she is better than you.. according to the studies... and... yoru salary will be about 10 percent higher than her's (the nurse) but you will have a fat loan payment to make every month for the next 30 years... and you will take call... of course there is more to life than having a boring ass sales job making the money..
 
Money means a lot when you're broke, lol.
 
Do one favor for yourself, dont make the midlevel healthcare managers in multispecialty rich by your hard work! These managers are useless dont have any type of healthcare degrees and will be bossing around MD Phds, I have read in another post that the CEOs private secretary called a doctor in the group to prescribe a medication that patient needed(but the doc did not think was necessary) He peed thru his pants and he precribed! Think about it guys pls dont make your MD degree worthless. Pls have back bones
 
Meh, I'm unimpressed.

I doubt we're going to be paid that poorly. I absolutely expect to be compensated for my work (what can I say, I like nice stuff, so shoot me) and I did indeed pick medicine in part because it will allow me to live well. There's nothing wrong with that.

On the other hand, it really REALLY bugs me when people are like "there are other more lucrative careers out there". Oh, really? Shoot. No, seriously, I want to hear what they are. Let me guess, lawyer? Hmmm yeah that sounds good in theory, except that it's not really the case. For every corporate attorney who's billing a zillion dollars an hour, there are hundreds of others who are making less cash than MD's. "Business"? That's my favorite. Again, the AVERAGE businessman/woman still makes less than the average doctor, if you consider all types of businesses. People think of the outliers (the people who got a bunch of money from the govt on Wall Street, Steve Jobs and the rest of the techie people, the big CEO's), but not of the average guy working an average job at an average-sized company. Think Office Space. You think that guy is making as much money as a doctor? Unlikely. And even Wall Street isn't what it used to be anymore. I used to be terribly envious of people I knew who worked at Morgan Stanley, but....guess what, they don't have a job. And think about the people at GM and Chrysler- you think they are thrilled with their choice of working in "business" right now? Nah, they probably wish they'd picked something more stable, that isn't so strongly affected by the economy.
What else is there? A Professor at a big university who gets grants might make as much as an average doctor, but not only would you have to get a PhD to get there (which takes for bloody ever), you'd also have to deal with the nightmarish publish-or-perish world of academia. Oh, and as someone who used to work at a big university, trust me, they're having financial problems too.

So yeah, tell me a career that has the same average salary as medicine, and I'll believe there's a better option out there. The problem is, I have zero interest in a desk job (bye bye business and law), don't want to be a crook, don't want to look at teeth all day, and am not as smart or creative as Steve Jobs. Medicine it is.

you don't take into acount the opportunity cost, poor lifestyle, and stress involved with medicine. You may get paid well, but you will work for every penny. That being said, engineers get paid quite well and plumbers probably make comparable per hour to certain FP docs. Salary isn't everything so don't kid yourself.
 
you don't take into acount the opportunity cost, poor lifestyle, and stress involved with medicine. You may get paid well, but you will work for every penny. That being said, engineers get paid quite well and plumbers probably make comparable per hour to certain FP docs. Salary isn't everything so don't kid yourself.

You need to read the rest of the thread before making judgments. I was responding to someone else's post about salaries, not stating that salary is the only thing that matters.
 
You need to read the rest of the thread before making judgments. I was responding to someone else's post about salaries, not stating that salary is the only thing that matters.

i know it's not, but if you factor in the amount of hours, you could probably do overtime as a police officer and make a comparable amount. so physician's salaries are not on an even playing field as other professions because they are overworked, usually (excluding Rads, anest, derm).

please don't take offense, i merely just wanted to point that out. i'm not trying to get into an argument and didn't really read the thread because it seems there is a lot of internets drama.
 
OP is a troll. There are people reading this forum who are crying because they've been waitlisted and don't know what to do for the next year or panicking because their MCAT scores aren't good enough for the schools they want to go to - and some rando shows up to tell you that all that effort went to waste?

1) He presumes that we're all to stupid to consider changes in public policy already, and if we had, we would eliminate medicine as a profession because our incomes will be too low. Not all of us are that shallow. Or know so little about politics that we think it'll actually happen.

2) A person who sincerely is concerned for our futures asks that you consider the possibility that health care reform will change your life, rather than imply you are silly to even bother applying to medical school.

3) I fail to understand how creating a public health insurance program to compete with private insurance companies will cut your income to 25% of what it was. According to the plan currently in Congress, the public program would use Medicare fee schedules. This means the private insurance that 99.5% use now is unaffected. Physicians having been refusing to see Medicaid and Medicare patients for years because the reimbursement is so low, there's no reason you can't also refuse to see these public program patients as well, assuming this actually passes.

If you really need a soapbox to rant about how the medical profession is undesirable, try a Letter to the Editor. Although you know it will be immediately trashed because you spell school with a K. Obvi.

Once the government controls payment, the trend is to lower compensation to physicians. It happens in Medicare and Medicaid to the point that many consultants (in necessary specialties) are declining to accept new Medicare patients and many absolutely refuse Medicaid. When the governent absolutely controls all expenditures on medical care (and that's the goal and the fact of the various 2000 page bills being rammed through congress) your protests will fall on deaf ears to a government whose priority is pandering to a growing and voting parasite class.

You all need to open your eyes and stop being so eager to take whatever is given to you. It's like you've already quit.

"Gee Mr. Government, as long as make more than a fruit picker or the manager of a Taco Bell this job is so neato that I'll be happy to do it!"
 
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