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ok so once i graduate, which setting will help me pay off my 200k loan the fastest: retail, hospital, teaching, other???
which gets u the most money
- Thread starter SYPHARMACY
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You're really asking this? Prepare to get smashed by everyone.
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word
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7on/7off @ 80hrs/week.
So that's $54/hr x 80hrs for retail and ~$48/hr x 80hrs for hospital...
$54 x 80hrs = $4,320 x 52weeks (divided by 2) = $112,320
$48 x 80hrs = $3,840 x 52weeks (divided by 2) = + $99,840
.................................................................................
................................................................. $212,160
................................................................ - $84,864 (40% for taxes, etc.)
................................................................................
..................................................................$127,296 profit
OR
You could open your own pharmacy for 80hrs/week.
Note: Certain 7on/7off jobs may reduce your required hours to as low as 70hrs/week, but pay you for 80hrs.
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HaHaHaHaHaHaHaHaHaHaHaHaHaHaHa!!!!!!!
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At least he's thinking, NOW, about paying off his loans... 😉
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non-profit hospital w/ IBR + PSLF assuming you have federal loans.
Time to payoff: 10 years, approx. $100k.
and no i'm not gonna answer what IBR+PSLF is again.
Time to payoff: 10 years, approx. $100k.
and no i'm not gonna answer what IBR+PSLF is again.
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retail *******.
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^^what this guy said. although is PSLF a real acronym?
although really IBR will work pretty much anywhere.
But really to answer the op, retail pays the most.
It's a legitimate question. It's funny how so many in our field pretend that potential income has so little influence on career decisions.
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I love how this comment precedes your signature line that says:
"I will not respond to threads about salary, pregnancy, & the differences between retail & hospital pharmacy. Use the search function!"
Also, it's so sad to realize that doing twice as much work (80hrs/week) puts very little additional cash in your pocket......gotta love taxes 🙄
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Oh it is a legitimate question that has been beaten to death about 100 times already. It also is mentioned in every other thread. It takes only a pulse to find them.
80 hrs 1 week on/1 week off = 40 hrs every week.
Work retail, dont let the govt take all your money, claim some dependents and if you owe a few dollars at tax time at least you didnt give the govt an interest free loan! Try to keep as much as you can...
Only on your way there
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you still get hit with that much tax even with outstanding school loans??
Only on your way there
You still kiss ass...you will always have someone you gotta answer to..And its a long way up there...a long way...i was never an ass kisser...i was never a corporate man...so i dont know anything about upper management other than its a lot of ass kissing...i was more concerned about the patient...now, im concerned more about the pt...cuz a happy and healthy pt is a pt that keeps coming back 🙂
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School loans play no role in how much tax you pay...you wont get any tax deductions...you make too much money...School loans is still debt...even if you owe the govt...
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The question was about paying off student loans. I didn't have to compare salaries. So yeah... there's a difference.
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The 40% is exaggerated a tad to account for misc. expenses off the top.
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yep
hmmm...good looks and brains...🙂 You are correct, the question was about paying off loans...SZ251, she got you there...
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You could still benefit your first year *IF* your income is at or below approx. $75,000, which is likely if you don't have a part-time job your P4 year and it takes you some time to get a job after graduating and getting licensed.
But most of us, including myself, will make more than the cutoff.
*knock on wood*
Well... I hope I make more than the cutoff. I keep having this fear that I'll get hit by a bus or something tragic before I get licensed...
Idk. It's 8 years of college for me, and my first year since 1989 that I won't be a student.It's sorta like these 2012 freaks who think the world will end in 2012, because the ancient people were too lazy to write past 2012... errrrr... I mean... I'm thinking the world will end, because I can't see myself as not being a student.
Or just call it 'worrying about fate' or 'hysteria'.
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