This truely concerns me because I will be entering podiatry school in the fall. I know that many people will bash me for saying this but one of the few main reasons I decided to go into this field is for a higher income, way higher than the average american, and much higher than joining the workforce upon graduate. With school costing 50K for four years, the investment of 4 years of TIME and studying, and 3 years of grueling residency, I expect to be rewarded.
The question now arises, "Is it worth it?" What does this really mean for a future podiatrist? I spoke with a young (32 years old) and successful podiatrist several weeks ago. He told me he would loose anywhere from 15-30% of his current income. That is very disheartening. However, he did tell me that he would still be very well off with a substantial decrease in salary but it would force him to either work more hours or accept the lower pay. I don't know many people who can say that if they would loose 15-30% of their income would still be "well off," but I don't think this is the norm.
So I would like to know what others think about this issue strictly in terms of finance. What can I expect? I am a future student bearing full responsibility of these loans and I want to know if you think it is worth it because I am second guessing my future every day and I don't think that I am alone.