Hypothetical Scenario

[tennischamp822]

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[tinman831]

$250k > $150k

 

[Theillestill]

Neither: Go to UoP and get your DDS in 3 years and get 1 more year of practice potential.

 

[Extirpator]

Neither: Go to UoP and get your DDS in 3 years and get 1 more year of practice potential.

I think you mean... go to UoP, be super stressed about everything you have to do in such a short period, get one more year of practice, but lose 10 years of your retriement due to caridiac complications dirrectly caused by the fact that you were so overly stressed to get out of dschool one year early 🙄

 

[doc3232]

He said OOS medical school and instate dental school.

Typo or indecisive.

 

[tennischamp822]

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[jay47]

If you had 250k to spend, which scenario would be better from a purely financial standpoint?

A) Go to an OOS medical school and spend 250k
B) Go to an instate Texas dental school for 100k (living at home) and spend the balance 150k on your practice...

Well....I suppose that I would be biased in this aspect, but I think that option B is FAR superior than A, for a LOT of reasons too numerous to mention.

 

[tennischamp822]

.

 

[denner]

Interesting.

Say you went to the OOS medical school and matched into radiology, anesthesiology or orthopedic surgery.

During your residency years, you would make 50k for 4-5 years and then you would be making 300k-plus for the rest of your life.

If you went to the instate dental school, you would make 90k for 2-3 years before making 220k-plus for the rest of your life.

I am not sure which one would be better though.

Two of those are very competitive and one is still pretty tough to get into, so you are taking a risk there as somebody is going to get stuck in primary care and it could be you. I know you said it's a hypothetical situation, but the chance of you not getting into one of those has to be taken into account.

And the 300K plus thing might be a changin (especially anesthesiology and possibly radiology) because the masses think physicians get paid too much. If I remember correctly (according to an anesthesiology resident on sdn) medicare reimburses them very poorly and they only make good money because privately insured patients subsidize the medicare population they attend to heavily. If true, I can't imagine the situation they'd be in when a public option pushes private insurance companies out of the picture.

Also take into account $/hour, as I think dentists could get relatively close to some of the more lucrative medical specialties if they put in the same hours that those specialists do. (40 vs. 60-80)

In the end, if all you want is the highest ceiling, then I would say one of the medical specialties would be your answer, but things always can and do change.