so now now kids ... throwing stones back and forth is not nice ...
i am an orthopod so i will answer to the lifestyle issue ..
many of you look at the field as if it is a regular job and you get a "salary" ... well unfortunately it is not like that ... you most practices today (even academic) you income is performance based ...
so lets talk about private ... "You eat what you kill" ... that means, the harder you work, the more you make ... work 40 hrs a week .... less money ... 80hrs more money .... now this varies based on your payor mix and your overhead (malpractice, rent for office space, salaries for nurse, secretary, biller, etc) ... in general your overhead will be 40-60% of you collections .. oh now i have to explain collections ... collections are what you actually collect (insurance pays) .. so you may bill $100 but only collect $50, depending on the insurance ... private practice is your business and you have to run it that way ... take a month off, your billing stops ... now i am getting winded so
i am not going to go into the different types of practices and types of call ....
in academics, it is no longer straight salary are most institutions ... it has gone to a base salary and the a performance bonus .... similar to private ...
i think you have to look at what life style you want and tailor your practice to that life style ... if you want to work less, you will make less ... there is no gravy train and all the specialties have this problem ... we just tend to get paid a bit more for our procedures ....
hope this helps somewhat