- Joined
- Aug 25, 2009
- Messages
- 349
- Reaction score
- 389
I still don't buy the argument that more training = safety from midlevel creep or other specialty-wide threats. Our training is already longer and more rigorous, doesn't seem to be doing anything to stop the problem.
If the sky really is falling, seems better to me to go make hay while the sun shines rather than missing out on an entire year of attending-level salary because it MIGHT be beneficial when the world comes crashing down. I figure it's better to make money, pay off debts, and be in a more stable/sound financial position so that an unexpected personal or specialty-level crisis doesn't put me in a terrible financial position. Also, if you are fortunate enough to have a partner-track job, the sooner you put in your time, the sooner you are not the easiest person to screw in the group. If you do fellowship and join group and are anywhere one year or less away from making partner and the group sells, then not only did you miss out on one year of full salary (plus interest if you continued to live like a resident and invested the difference), but you just missed whatever the buyout for partners was and you are left holding the bag. This is a real risk, not hypothetical. I personally know 3 people who had this happen to them in different groups.
Only do a fellowship if you love it and it provides tangible benefits, not some hypothetical protection from bad times. Bad times will come, but I just remain unconvinced that fellowship will be this magical life preserver that some people seem to believe in. Don't drink the kool aid, residency programs have a strong incentive to talk the best and brightest into signing up for one more year. If fellowship does not align with your own self interest, don't do it. If you went to a good residency program, trust your training and skills and go to work.
So from the limited IQ and perspective of a guy who is one month into a great PP job fresh out of residency with no fancy fellowship, think long and hard before applying. Of course, there are plenty of solid fellowship-trained people here on SDN and in my new group, clearly their perspective is different. But who would admit that they did an extra year of training for essentially nothing? Not sure anyone would want to admit that, even if it were true for some. Especially on the internet. No need to feed the sharks who patrol these waters.
If the sky really is falling, seems better to me to go make hay while the sun shines rather than missing out on an entire year of attending-level salary because it MIGHT be beneficial when the world comes crashing down. I figure it's better to make money, pay off debts, and be in a more stable/sound financial position so that an unexpected personal or specialty-level crisis doesn't put me in a terrible financial position. Also, if you are fortunate enough to have a partner-track job, the sooner you put in your time, the sooner you are not the easiest person to screw in the group. If you do fellowship and join group and are anywhere one year or less away from making partner and the group sells, then not only did you miss out on one year of full salary (plus interest if you continued to live like a resident and invested the difference), but you just missed whatever the buyout for partners was and you are left holding the bag. This is a real risk, not hypothetical. I personally know 3 people who had this happen to them in different groups.
Only do a fellowship if you love it and it provides tangible benefits, not some hypothetical protection from bad times. Bad times will come, but I just remain unconvinced that fellowship will be this magical life preserver that some people seem to believe in. Don't drink the kool aid, residency programs have a strong incentive to talk the best and brightest into signing up for one more year. If fellowship does not align with your own self interest, don't do it. If you went to a good residency program, trust your training and skills and go to work.
So from the limited IQ and perspective of a guy who is one month into a great PP job fresh out of residency with no fancy fellowship, think long and hard before applying. Of course, there are plenty of solid fellowship-trained people here on SDN and in my new group, clearly their perspective is different. But who would admit that they did an extra year of training for essentially nothing? Not sure anyone would want to admit that, even if it were true for some. Especially on the internet. No need to feed the sharks who patrol these waters.