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- Aug 10, 2003
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I am a bit older than your avg student starting medical school, by no means am I going into medicine for the money, but I have to admit that at this stage of the game I would be foolish to ignore the financial implication of my decision. I have chatted with quit a few doctors about going to medical school and I have to say that about 70% tell me that I would be crazy to do it....some have went as far as to say I will not be able to pay back the loans due to high malpractice and low HMO reimbursments. I trully believe that I belong in medicine but I just wanted to get a feel for what you guys thought about medicine as an "investment"...I realize doing something you love is priceless, but at the same time I will have to pay back about 170K in student loans when it is all said and done. I have looked as salary data and to me it doesn't seem to bad....IM apprx 140K/yr, EM about 185K/yr, surgeons about 220K/yr (all after about 3 yrs in practice).....to me this seems fine and certainly more than enough to pay back loans. Are these realistic numbers? I have also seen data that says some docs (even specialists) are starting much lower than I would have guessed (about 130K) and internests (90K)....Just wondering what everyone thought. Thanks