But isn't it quite a leap to declare "Optometry is Dead"
I think that is mostly what the students object to on this forum..the difficulties that you've experience and shared are welcomed information.
The hopelessness is not.
Agreed, optometry is not completely dead at this exact moment. But then, an entomologist friend of mine tells me a cockroach can live on for up to 3 months without its head. It just runs around, looking very alive, and it is, in a sense, but it has no head and will certainly die in short order. If you were weird enough to want to purchase an expensive exotic cockroach as a pet, would you buy one that had no head? It's still alive, technically, but would that be a smart move? Optometry, at this moment in time, is a headless cockroach - not dead yet but heading for certain demise. Right now, there are established OD practices doing very well in the US. They are the body of that decapitated cockroach. Once they go, the rest of the bug goes with it. The number of ODs who own or work in successful, entrenched OD practices is being overtaken by the number who work at Walmart, Sam's, Sears, EyeMart, VisionWorks, America's Best, Costco, Pearle, LC, Target, etc, etc, etc, and the best part is, that number increases every year as new grads funnel into the commercial/corporate world with nowhere else to go, further growing the commercial/corporate animal. Historically, optometry has been a private practice profession - that is changing rapidly because of the excess of ODs who have nowhere else to go, but into one of the many refraction mills. New grads are NOT going into private practice right now. They just aren't. If anyone else has gone through the trouble of polling grads from three OD programs to find out where they are going, please speak up. I've done just that and the trend was apparent quite soon after I started asking =>
new grads are going into contracted commercial and employed corporate positions. Grads are going where the jobs are and that is NOT private practice. Thus, the face of optometry is changing from one of respectable private practice, to something very different.
People can run up and down the streets chanting how bright the future is for ODs, but it doesn't change anything. Saturation, corporate influence, reimbursement cuts, encroachment from opticians, competition from OMDs, and the resultant declining pay and decreased OD value from all of the above will spell the end for the prosperous days of optometrists. If the degree cost 25K, the situation would be totally different. But when you're dropping a up to a quarter of a million for a degree that get's you 70 to 80K in return before taxes, something has to give. Is 75 to 80K the average income for all ODs? No, but it's about right for employed ODs right out of school and residency, if you're one of the fortunate few who lands a FT job. Right at a time when a suitable income is most important in order to be able to make payments right away against large student loan principals. When you get out and you make 75K before taxes, you expand your term to 25 years or go on IBR, you just virtually guaranteed a doubling of your OD cost. Why not just leave your term where it starts, usually at 10 years, right? That puts your payment for a 200K loan at about $2300 per month. That's going to be about half your income, if you're lucky. It won't matter that you might be making 115K after 10 years in practice if you're not making enough after graduation to keep on top of your loan payments. There are many new docs in many fields right now, happily cruising along on IBR, blissfully unaware that they are growing a beast of a principal that they may never be able to get a hold of later in their careers.
The reasons for which most people used to pursue a career in optometry have largely diminished. Job security, expected income, career options, and balanced lifestyle are not what they once were for ODs, as for many professions. My whole point is that people should look at what they want to get back from their OD (since they paid dearly for it) and ask themselves whether the degree can create a path to where they want to go. No degree can do anything for it's holder on its own. It's up to the individual to ultimately TAKE the path that the degree puts in front of them, but if the path isn't there anymore, or if it's riddled with dirt, debris, and dead bodies, then degree holder ends up going in circles for the duration of their career.
I'm sorry that doom and gloom is unwelcome on this forum, although I agree with what you say in that regard. But if you're on an airliner that's plummeting toward Earth at 500 knots, it doesn't do anyone any good to say "Hey, everyone just relax, it's not that bad....." Sometimes, it is that bad, it just needs to be said, and no amount of touchy-feely self back-rubbing will lead to anything other than an inevitable outcome. That's my opinion.
Hey, would you look at that? That's two whole posts from me without sarcasm, returned insults, or modified excerpts from Joe Pesci films. It's amazing what can happen when people post insightful, though-provoking comments instead of carbon-copied, mindlessly repetitive retorts that are reminiscent of a circular phone tree on a national bank's customer service line.