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Started by Weirdy
Jordan Frey, MD - Money, Medicine, and the Path to Financial Freedom”
Interesting video but I noticed that he didn’t really go into the logistics of the path to financial freedom making 150k as an associate podiatrist with 350k in student debt. Please advise
Sir, of course a plastic surgeon can easily achieve financial freedom. That’s why a DPM was not interviewed for financial advice.Interesting video but I noticed that he didn’t really go into the logistics of the path to financial freedom making 150k as an associate podiatrist with 350k in student debt. Please advise
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See the Marit and ACFAS studies.Sir, of course a plastic surgeon can easily achieve financial freedom. That’s why a DPM was not interviewed for financial advice.
Is there a podiatrist with a platform like Dr. Frey’s? Please refer if there is….Sir, of course a plastic surgeon can easily achieve financial freedom. That’s why a DPM was not interviewed for financial advice.
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Pi Delta. Went to Swedish. Still ended up at one of those PE podiatry groups making $150k in one of the most expensive and highest tax areas in the country.
Median home price in Los Gatos is around $2.4 million.
Median household income is $217,554 in Los Gatos.
This tells you how saturated and the job market can be for podiatry. You can do everything “right,” spend 7 years in training, graduate with $300k+ in student loan debt at 7% interest, went to good residency, and still end up making much less than the median household income in the city where you work.
Put that salary into perspective.
A 1-bedroom in Los Gatos is around $3,000/month. On a $150k salary in California, you're taking home roughly $8,600/month after taxes.
Now add $300k in student loans at 7% interest. A 10-year repayment is about $3,500/month.
$8,600 take-home
-$3,000 rent
-$3,500 student loans
-$700 food
-$700 car/gas/insurance
-$300 utilities/phone
-$500 other basic expenses
You're basically at $0 left over, before retirement savings, vacations, buying a house, having kids, or anything unexpected.
All the best to new grad. I hope he can produce x3 of his base, so he can start collecting 30% of bonus
Pi Delta. Went to Swedish. Still ended up at one of those PE podiatry groups making $150k in one of the most expensive and highest tax areas in the country.
Median home price in Los Gatos is around $2.4 million.
Median household income is $217,554 in Los Gatos.
This tells you how saturated and the job market can be for podiatry. You can do everything “right,” spend 7 years in training, graduate with $300k+ in student loan debt at 7% interest, went to good residency, and still end up making much less than the median household income in the city where you work.
Put that salary into perspective.
A 1-bedroom in Los Gatos is around $3,000/month. On a $150k salary in California, you're taking home roughly $8,600/month after taxes.
Now add $300k in student loans at 7% interest. A 10-year repayment is about $3,500/month.
$8,600 take-home
-$3,000 rent
-$3,500 student loans
-$700 food
-$700 car/gas/insurance
-$300 utilities/phone
-$500 other basic expenses
You're basically at $0 left over, before retirement savings, vacations, buying a house, having kids, or anything unexpected.
All the best to new grad. I hope he can produce x3 of his base, so he can start collecting 30% of bonus
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View attachment 423505
150k?????? Did you let your employer know about the Marit and ACFAS studies?
I truly hopes he know how crooked Balance is. Or maybe not. Will learn the hard way.Pi Delta. Went to Swedish. Still ended up at one of those PE podiatry groups making $150k in one of the most expensive and highest tax areas in the country.
Median home price in Los Gatos is around $2.4 million.
Median household income is $217,554 in Los Gatos.
This tells you how saturated and the job market can be for podiatry. You can do everything “right,” spend 7 years in training, graduate with $300k+ in student loan debt at 7% interest, went to good residency, and still end up making much less than the median household income in the city where you work.
Put that salary into perspective.
A 1-bedroom in Los Gatos is around $3,000/month. On a $150k salary in California, you're taking home roughly $8,600/month after taxes.
Now add $300k in student loans at 7% interest. A 10-year repayment is about $3,500/month.
$8,600 take-home
-$3,000 rent
-$3,500 student loans
-$700 food
-$700 car/gas/insurance
-$300 utilities/phone
-$500 other basic expenses
You're basically at $0 left over, before retirement savings, vacations, buying a house, having kids, or anything unexpected.
All the best to new grad. I hope he can produce x3 of his base, so he can start collecting 30% of bonus
View attachment 423504
View attachment 423505
Tough crowd….When many regulars on this forum self report making $300-600k it’s probably a stretch to use the term “unethical” in reference to the ACFAS study.
Ahhh, but the $300-600k you say is NOT the norm. $150-200k is more like it. Go ahead, advertise the Marit and ACFAS data. Reality says otherwise and the bulk of graduates who are looking for jobs end up in this bracket. They take the job offer because that's what is available (Private equity, private practice, etc.) to them. Ya know, gotta pay those student loans they took out.Tough crowd….When many regulars on this forum self report making $300-600k it’s probably a stretch to use the term “unethical” in reference to the ACFAS study.
Ahhh, but the $300-600k you say is NOT the norm. $150-200k is more like it. Go ahead, advertise the Marit and ACFAS data. Reality says otherwise and the bulk of graduates who are looking for jobs end up in this bracket. They take the job offer because that's what is available (Private equity, private practice, etc.) to them. Ya know, gotta pay those student loans they took out.
We’ve been through this song and dance many times. You were baited into replying. Marit and ACFAS are not neutral parties. Any pre med can hop on a job board and search podiatry jobs and see that a majority of job postings are between 120-160k. There are less than a dozen advertised hospital jobs in the entire country at any given time where the salary is 250k+. 700 grads per year looking for jobs. This is in addition to all the private practice associates trying to claw their way into a hospital so they aren’t making 150k mid-level money with a real doctor’s loan debt of 300k. Pre meds figured this out over the past few years, hence the admissions “crisis”.
We were told: study hard, get good grades, get good training, get into a good residency, do a fellowship, and network because all of that will “open doors” for better jobs.
What doors are they opening? Apparently the PE door.
I looked at pod working under the same PE group. There are Kaiser grads, Scripps grads, fellowship-trained grads, VA-trained grads, and grads from no-name/subpar programs. Somehow, they all end up in the same place.
You can be valedictorian, go through top-tier residency training, complete a fellowship, and still end up in the same clinic doing the same chip-and-clip work next to someone who finished near the bottom of the class.
That is podiatry.
Unfortunately, pre-pods will never understand this. Most of them are not smart enough to get into MD/DO/DDS/PA programs. Do you really think they are smart enough to figure this out? I doubt it.
What doors are they opening? Apparently the PE door.
I looked at pod working under the same PE group. There are Kaiser grads, Scripps grads, fellowship-trained grads, VA-trained grads, and grads from no-name/subpar programs. Somehow, they all end up in the same place.
You can be valedictorian, go through top-tier residency training, complete a fellowship, and still end up in the same clinic doing the same chip-and-clip work next to someone who finished near the bottom of the class.
That is podiatry.
Unfortunately, pre-pods will never understand this. Most of them are not smart enough to get into MD/DO/DDS/PA programs. Do you really think they are smart enough to figure this out? I doubt it.
Replies from both sides of the argument are related to content on podcast and publicly searchable.
However please keep it clean or I will nuke the entire thread.
However please keep it clean or I will nuke the entire thread.
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Elizabeth Piselli, President, American Association for Women Podiatrists
Dean’s Chat comes to you from the 2026 APMA - Drs. Jeffrey Jensen and Johanna Richey sat down with leaders, educators, clinicians, residents, and other influential voices from across the profession for a special series of conversations recorded at the Bako Diagnostics booth.
Video #1 features: Dr. Patrick DeHeer, Dr. Adrianna Strimbu, Dr. Michael Cornelison, Dr. Peter Sorensen, Dr. Bethany Robinson, Student Doctors Gianna Tuitele and Lily Cohen, Dr. Priya Parthasarathy.
BeaverBlade
Full Member
very pleased with what Dr. Deheer is fighting for. I like how APMA is shifting focus to more advocacy it seems.
Solid leadership! Patrick and Meghan McClelland, Dyane Tower, and Chad Appel leading the charge for the profession. Hats off to them!
Reimagining Medical Education!
Reimagining Medical Education!
When podiatry schools have the previously imagined education that MDs have ...let alone the reimagined..we can talk.
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