How much money would you trade in your Pharm.D degree?

Discussion in 'Pharmacy' started by BMBiology, Oct 1, 2014.

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  1. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    200 k? 500 k? 1 mil?
     
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  3. Vash350z

    Vash350z 2+ Year Member

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  4. Gombrich12

    Gombrich12 2+ Year Member

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    Right now? I'd say about 800,000, after graduation 1.2 mill or so.
     
  5. confettiflyer

    confettiflyer Did you just say something? 10+ Year Member

    $2.5M after tax.

    Assuming a 4% annual withdrawal rate I'd be living on $100k after tax.
     
  6. msweph

    msweph 2+ Year Member

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    I'd be happy to go back in time to 18-- relive college and pick something different ( knowing the market etc now). Tho I do like my job a great deal now.
     
    BeLikeBueller likes this.
  7. Mad Jack

    Mad Jack Critically Caring Gold Donor 2+ Year Member

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    I'd give you about tree fiddy for one nowadays.
     
  8. BeLikeBueller

    BeLikeBueller Doctor of Comic Relief 2+ Year Member

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    I'd take 87 cents, a pack of gum, and a paper clip.

    No, I'm just kidding. Big-box retail wants you to sell your soul for a lot less these days though...
     
  9. Dred Pirate

    Dred Pirate 2+ Year Member

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    depends.
    Do I have to fall back on my BA degree? if so, thinking it would have to be 1 million (the interest I make on it + what I would make with my old degree to make up the difference.)

    If I could go back in time and change professions? Give me 500k and I will get my Phd and do research at a big university
     
  10. bacillus1

    bacillus1 7+ Year Member

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    Considering I have no bachelor's degree, I would say 2 million. That can support me for a while.
     
  11. 297point1

    297point1 Searching for Sunshine 7+ Year Member

    Fortunately, I actually enjoy my job, and could only envision doing one other thing. However, that other thing would represent a significant salary cut.

    (Current salary x years until retirement) + (Engineering school tuition x 3 years) - (anticipated engineer salary x [years until retirement - 3 years]) = $2.45 million

    Looks like I am staying put.
     
  12. Dred Pirate

    Dred Pirate 2+ Year Member

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    well my "dream job" would be owning a beach bar in Anguilla, but still having enough money to fly back to the US whenever I wanted. So I guess I would need about 5-10 million for that and keep my standard of living.
     
  13. aznjeff07

    aznjeff07 2+ Year Member

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    the cost of tuition/living expenses during engie school, cost to get my pharmd, and lost earning potential during school.

    Honestly I'd probably do it for less though...just the cost of school and 1/2 the earnings lost during school.
     
  14. IndustryPharmD

    IndustryPharmD Here to Help SDN Advisor 7+ Year Member

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    Nothing I wouldn't trade in for $500 milion in cold, hard cash.
     
    BidingMyTime likes this.
  15. nnguyenc

    nnguyenc 7+ Year Member

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    just give me back my tuition money and 10 years of my life back, cut my losses
     
  16. type b pharmD

    type b pharmD 7+ Year Member

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    I would trade it in for 500 million, but just because it would be super expensive to replace the satisfaction that the career brings.
     
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  17. Aznfarmerboi

    Aznfarmerboi Senior Member 10+ Year Member

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    10 million...

    Anybody who is willing to trade their degree for 200k, 500k, or a mil is an idiot, unless they can not find a job or is a loser. 200k- a million is not worth 6 years of my life, and the income that I made after.

    I already made a million from my degree..., while my friends are at half that.

    Time are tough but without a pharmD, we will generally be doing a lot worst...

    And I have a lot of friends who went to medical school or in finance. They are generally equal at income to me but have the potential to make a lot more in the near future. However they sacrifice their youth for that. I was able to enjoy my 20's popping bottles in Vegas and driving nice cars.

    PharmG!
     
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  18. BidingMyTime

    BidingMyTime Lost Shaker Of Salt 10+ Year Member

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    I would not trade in my degree. Maybe if pharmacist became as obsolete as elevator operators, then I might consider it. Otherwise, I still think it is a great career & a great field, and far more promising then many other job fields.
     
    type b pharmD likes this.
  19. Momus

    Momus 7+ Year Member

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    I'd trade it for free. Just make me 17 again. I'd choose a different profession.
     
  20. lisinopril

    lisinopril Account on Hold Account on Hold 2+ Year Member

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    I'll trade my Pharm.D with 1 Million in cash....
     
  21. zelman

    zelman 7+ Year Member

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    Can I keep my licenses? The degree itself has done all it's going to do for me already.
     

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