Brass_Monkey said:
Knowing what I know now, most likely I would have become a nurse anesthetist. Let's think about this......4 years post-high school for a BSN, 1 year of critical care experience (which is required for almost all nurse anesthetist programs), and about 2 years to become a CRNA. Now that makes me 25 years old with SOME debt. Compare this with the idealistic situation of someone who completes college, medical school, internship and an anesthesia residency: age 30. Their debt is about $200k. This is my situation. However, I have to deal with all the bull**** of being a doctor, a huge student loan debt, and not working until I'm 30. Granted, my salary is nice.....but a nurse anesthetist can EASILY make $120-150k with MUCH LESS debt, stress, and bull****. Just think....had I worked for 5 years at $120k/year I'd have made 600g instead of working like a slave and living like a pauper. Oh well, life sucks
hmmm.... lets say this 25 year old CRNA makes 150K to start, just for argument's sake, and you, at 30, make 250K to start, which is modest for an anesthesiologist, and you are in debt by 300K. And lets say that you and the CRNA are the same age. You haven't made a dime from 25 - 30.
Now that the parameters are set, let's play.....
In the 5 years you have been in school, the working CRNA has made 450K, and you have accrued debt.
Now let's say you are both 30. At 250K, you will have matched his/her advance in salary in 4.5 years, while still having the 150K to live off of in those 5 years. If you saved the difference, it would be 450K in the bank in 4.5 years.
You: 450K in the bank at 35, living off of 150K annually.
CRNA: 0 in the bank, same 150K.
Or, you can also think that you could pay off your entire 300K debt in 3 years while still living off the CRNA's salary of 150K, and have 150K left over in the bank.
Following this idea,
You: 33, out of debt with a 250K salary + 150K in the bank.
CRNA: 33, out of debt with a 150K salary + 0 in the bank....
or..
You: 33, out of debt, 250K salary: 150K to live off of, 100K in the bank
every year....
CRNA: 33, out of debt, 150k salary: 150K to live off of, $0 in the bank
every year....
You will be one stressed out pauper at 33, debt free, all the way to the bank 3 years after you finish..
