Yeah you have to take everything you read with a grain of salt. In the real world you will find all kinds of opinions. Healthcare and pathology specifically are challenging and are becoming more so particularly with all the the reimbursement changes and adminstrative burdens. But many groups have been and remain in excellent shape to navigate it. Don't forget that the changes are not just hitting SOME people, they are hitting everyone. You need to be smart and focused and work hard, and associate yourself with the right people. But it is not all doom and gloom.
Then again, you will also find that some people will just always be negative about everything. And others will minimize everything negative and rely on hope. Neither is appropriate, although being negative all the time does work for some people because it is how they stay focused and alert.
I agree that one has to take a balanced view of a situation. However, there are extraordinary times, like presently, when one should be led by intuition, experience and by sound millennial principle of "supply and demand", rather than by the self-serving arguments of an "hypothetical doom" in the next 10-15 years.
Seldom, great decisions of the past were made collectively, or meticulous planned, rather made by "Leaders" of vision in a steady fashion. Pathology leaders, present and past, deserve a resounding F grade in this regard. They have mismanaged the field, led us astray into the minefield and been misrepresenting our present and future, for as long as (over 30 years) I can remember. They will go to the end of world to find reasons why supply should be increased, but refuse to smell the stench of lack of demand under their nose. All this, apparently, for miserly comfort of the chair they sit on.
There is a fundamental difference in the career flexibility of pathologists, viz-a-viz, a cardiologist, surgeons, etc. Most pathologists are one trick ponies. Just this fact should have prompted our "leaders" to be extra sensitive to supply.
This over-supply has filled the quivers of corporate labs with "despised" "poorly trained" Board Certified pathologists. According to Mick Raich, a pathology consultant, their average salary is around 200-220k as opposed to 550k for those in private practice. It is just a matter of time before those "poorly trained" pathologists will be lined up against those in private practice. If you do not believe me, just mark my word and revisit it in 5 years.
I am reminded of starving artists and philosophers galore; I presume that they went into their respective careers, with their eyes wide open, led by their "innate homing instinct" or "irrepressible love" of the respective fields. I presume the same is true for some or many of us, however, I suspect many more were misled by "sales-pitch or code of silence" of those who preceded them.
My advice to medical students contemplating Pathology, for genuine love of pathology, is to do at least one year of clinical medicine prior Pathology residency, lest you become a one trick pony. In a great scheme of life, one extra year of clinical medicine will be worth far more than one year of fellowship, and it will afford you so many more professional possibilities. In my opinion, if you have an opportunity to go for a premier residency program versus a regional program, you should ALWAYS go for a premier program, because you should always aim high and you will learn at the feet of the greats, not from afar, and although it may not guarantee you a good job, you will be the first ones to be invited to the table, at least. Remember that you should be more than your CV. You should always be looking high and explore here and there; if you do, you will be the first one to taste the morsel. Obviously, how much you should pay for this is matter of your life philosophy.
I know of a pathologist who easily makes well over 1 M and has flexible day hours without evening or weekend calls. I suppose he enjoys his career very much. However, I know of many more not so fortunate, so overall, I am down in Pathology as a career choice for others.