I'm a mid-twenties white guy. I have a bachelors from an Ivy and a graudate
degree from a fancy private school that's considered a Cali Ivy. My
numbers are in the mid to low B range
with a first-time 34 MCAT score after
Kaplan prep course. My application is
peppered with the right stuff for extra-curriculars including some paid and unpaid research. I worked a couple of years overseas and held a paid research type job at an inner-city hospital. I guess my recommendations are O.K. My personal essay was a little quirky to get away from the typical - I want to help people shtick. I applied at the
right time, but had to wait for recommednations to trickle in. The ball got rolling in late September. No
top twenty for me or even the top 50.
I wanted to learn medicine and I already had degrees from fancy schools so I applied across the board
paying close attention to my best shot
schools for getting accepted. 30 MD
and 3 DO. Lots of secondaries and those were sent out quickly with checks attached. A two grand process. Then I waited and waited for a response. In some cases seven months. A few-we don't want you-pre
secondary and about ten-don't want
you-post secondary and the waiting
continued. At Christmas I got my first
MD invite and for New Years another
one. Then two DO invites came from the same chain, and the last invite came in March. I dropped some schools off my list.
THE COST OF IT ALL
This is a quarter of million dollars worth of training folks. The best bet
are state medical schools because they're subsidized by taxpayers and cost about 50% less for four years of
training in comparison to the private
schools. The private variety racks up
a $250,000 debt that can be paid off in ten years at $3,000 per month or
twenty years at $2,000 per month.
Lots of dollars and debt unless the family has deep pockets to pick up the tab. Is it worth it? After med school the graduate still has a minimum of 3 years of on-the-job training with a pay scale of ten bucks
an hour. Delayed gratification yes
indeed. A priomary care doc gets in the mid to upper one hundred thousand dollar range in salary at a large H.M.O. Factor in the $250,000 dollar debt load plus four years of zero
salary and three years of Starbuck wages and you can figure another $200,000 of lost income potential. So
you're in the hole for $450,000. This
buys a fancy house in a mid-west or
Southern suburb. This would generate
about $20,000 per year if invested
in bonds. The plus is the "do good"
nature of the work, the ego massage
that comes from wearing a long white
coat and job security. No layoffs in the doctor biz unless you kill the customers. Again a nurse from a 2 or
4 year RN program makes about half
the salary of a family medicine MD, but he/she can buy the fancy house
in the mid-west or Southern suburb with the savings. Cops and firemen are in the RN pay range and they may
have squeaked by with a high school
diploma. Remember - put the white
stuff on the red stuff - type of training.
Is it all worth it? Your call....
more to follow
degree from a fancy private school that's considered a Cali Ivy. My
numbers are in the mid to low B range
with a first-time 34 MCAT score after
Kaplan prep course. My application is
peppered with the right stuff for extra-curriculars including some paid and unpaid research. I worked a couple of years overseas and held a paid research type job at an inner-city hospital. I guess my recommendations are O.K. My personal essay was a little quirky to get away from the typical - I want to help people shtick. I applied at the
right time, but had to wait for recommednations to trickle in. The ball got rolling in late September. No
top twenty for me or even the top 50.
I wanted to learn medicine and I already had degrees from fancy schools so I applied across the board
paying close attention to my best shot
schools for getting accepted. 30 MD
and 3 DO. Lots of secondaries and those were sent out quickly with checks attached. A two grand process. Then I waited and waited for a response. In some cases seven months. A few-we don't want you-pre
secondary and about ten-don't want
you-post secondary and the waiting
continued. At Christmas I got my first
MD invite and for New Years another
one. Then two DO invites came from the same chain, and the last invite came in March. I dropped some schools off my list.
THE COST OF IT ALL
This is a quarter of million dollars worth of training folks. The best bet
are state medical schools because they're subsidized by taxpayers and cost about 50% less for four years of
training in comparison to the private
schools. The private variety racks up
a $250,000 debt that can be paid off in ten years at $3,000 per month or
twenty years at $2,000 per month.
Lots of dollars and debt unless the family has deep pockets to pick up the tab. Is it worth it? After med school the graduate still has a minimum of 3 years of on-the-job training with a pay scale of ten bucks
an hour. Delayed gratification yes
indeed. A priomary care doc gets in the mid to upper one hundred thousand dollar range in salary at a large H.M.O. Factor in the $250,000 dollar debt load plus four years of zero
salary and three years of Starbuck wages and you can figure another $200,000 of lost income potential. So
you're in the hole for $450,000. This
buys a fancy house in a mid-west or
Southern suburb. This would generate
about $20,000 per year if invested
in bonds. The plus is the "do good"
nature of the work, the ego massage
that comes from wearing a long white
coat and job security. No layoffs in the doctor biz unless you kill the customers. Again a nurse from a 2 or
4 year RN program makes about half
the salary of a family medicine MD, but he/she can buy the fancy house
in the mid-west or Southern suburb with the savings. Cops and firemen are in the RN pay range and they may
have squeaked by with a high school
diploma. Remember - put the white
stuff on the red stuff - type of training.
Is it all worth it? Your call....
more to follow
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