Seriously, is this just idle speculation from other posts or do you have figures to back it up? If I want to be primary care, it actually sounds good.
Again, from someone currently applying for the scholarship with no previous DoD experience:
It is a good deal if you want primary care, at least financially. That's why it's so popular at DO schools: they send 70% of their students into primary care so the scholarship is a good financial deal for most of their students. However the freedom you sacrifice, both to choose the course of your career and in your daily routines in the military, is going to be significant. You're going to be a 32 year old attending and you're going to be working for an organization that
can tell you to cut your hair. I like this example because the length of my hair is one of those thing I've had discression over since I was about 8 years old. Also they can move you, make you attend irrelevant meetings, make you take orders from nurses or non medial personel, and send you to do things you are completely overqualified for. This is probably going to outweigh your financial benifits, so hopefully you have some idealistic patriotic aspirations if you're interested in the scholarship.
Anyway financially:
During your student years they pay for all of your tuition and books, as well as a 20K bonus, $1,900/month stipend, and they also pay you as an 0-1 during your 45 days of active duty training each year. All in all that adds up to about 35K/year above and beyond tuition.
In residency, milimed pays about twice as much as average civilian residencies, or about 80K/year.
As an attending, you make about 10K less than a normal primary care physician.
If you go to the most expensive kind of private school, and do the military residency, at the end of residency you're going to be up a little less than 500K compared to your civilian counterparts (not counting interest, which only helps). If you go to a public school, or a school with good financial aid, or if you recieve a deferment for your residency, the financial benefits are lessened by that amount.
Ultimately the opportunity cost is going to depend entirely on what specialty you choose. If you choose primary care you're going to keep almost all of that 500K advantage. If you choose neurosurgury you're going to end up 2.5 million in the hole. Most of all if you choose a competitive residency and don't get it (because the military is more competitive for some residencies than the civilian world) you're going to end up consierably in the hole financially AND have to start your residency at 32 after finishing out your military obligation as a GMO (a residency incomplete physician). The career GMOs are the doctors who seem to be angriest at milimed, since they paid the greatest opportunity cost.
But my main point, jsut to emphasize, is that you cannot see the true cost of joining the military from a financial perspective. As OldGrunt pointed out, you really think the government is going to LOSE money on you?
Why not? Their incompetence frequenly outweighs their sense of unfair-play. That's why we have hundreds of billions in deficits and a multi-trillion dollar debt