I'm a pediatrician, recently board certified doctor. It's important to be smart and shop around with undergrad, medical school, and residency. I had 100k debt when I finished medical school and I did not have help from my parents. I did not live at home. I had a scholarship in undergrad so that was fully paid for. I chose a cheap med school 17k per year, did not own a car, and lived frugally by renting cheap and cooking my own food. You should not take 30 Years to pay off your loan. I paid it off in 4. Never make a minimum payment. I dropped 1500 per month while I was in residency, and then almost 5k per month once I got a job. Now I'm debt free after just 1 year of being a pediatrician.
(No U) is wrong. It takes 10-12 years OF PURE COLLEGE SCHOOLIng (Undergrad+grad+residency). For your case of "how long to become a pediatrician," it takes 4 years of medical school, and 2-4 years of residency. You should know that every single doctor (even dentists and optometrists) take 4 years of medical/dental/optometry school plus a few years of residency.
You should know every single doctor is different. It all depends on WHERE they are working at. For example, a doctor in LA would make less than a doctor in a small town of Ohio because there are a lot of doctors in LA compared to a small town in Ohio. It also depends on HOW EXPERIENCED you are, aka how long you've been a doctor. (You don't make big money until you pay all of your debts and have had many years of experience)
Money has no value over saving lives. You sir are what people look up to. Debt might set in place in the short run, but the many lives you save over your years will worthwhile.
I'm so glad about your community college comment. I'm always embarrassed that I go to a cc because my brother graduated from UCLA, but a cc really was the best option for me because my brothers and I are going to school at the same time as me so it really helps financially coming from a low income family.
Don't ever be embarrassed about attending CC, just be wise and look at the big picture. Trust me when it comes time to paying off your dept or getting that job no one will ask what school you went to as long as you have that degree you're good. Best of luck on your educational endeavors.
Thanks Bro................we need more black men like you showing what you can become, than playing basketball and football. this is what builds a society and country,Bless up
Hi, Thank you for watching and your comment! I definitely agree! Thanks again and don't forget to subscribe to my channel to be the first to receive the latest videos that are posted weekly! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook
I don't want to be a doctor and is unlikely to be but I appreciate the way you address the situation and put reality to prospective students in a calm, honest and respectable way. Subscribed.
What kind of salaries do cardiologists make nowadays after residency? What's the highest burnout rate in your opinion? Thank you for the information, it is much appreciated. I love medicine but am a bit worried about trying to start a family during residency. Other than that im all onboard with medical school so your information helps quite a bit. Thank you.
I dreamed of becoming a surgeon and got sent back to reality after that MCAT... Didn't get into any med schools, but I continued my education into computer science. Kudos to you for making it. I know what you have been through and you have truly earned it. 🙏
Esharido greenelephant1231 He is giving insightful and helpful advice on becoming a physician. What are you talking about? College graduates are not arrogant people.arrogant people are arrogant people. Thats not something school will change in your personality. Unless you affiliate being educated with being arrogant. Well in that case you're ignorant to be talking out of your ass like that.
Sir, you have my utmost respect for your hard work and determination. 15 years of education and training plus 500k in debt seems so daunting but it will be well worth it at the end. Your videos have been very inspirational. Thank you.
I'm in grad school now and I also recommend going to community college first because I didn't have loans until my senior year. Most of my peers were $40,000 in debt already...
Niky Stone Hi, Thanks for the comment and watching! You are very welcome! I'm glad the video helped! Don't forget to subscribe to my channel to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook
I wish there were information like this 20 years ago...my life would have been completely different 😢 I am thankful for all the information available now about how college on what to expect and ways to get where you want to be. Thank you for your informative videos. God bless
I've been an Emergency Medical Responder for my fire department for 4 years. And realized I was fascinated with anatomy. Obviously I also love helping people so I knew I wanted to become a doctor. But I thought coming from a broke family college was unrealistic... So anyway I recently applied to college and got accepted so I'm going to get my bachelors and then I obviously want to go to medical school. I guess for some people it might not make sense but I know it's what I really want to do so I'm going all in...
There is a hpsp scholarship program where the navy sponsors your medical school in exchange for you to serve as a doctor as the equivalent amount of time. However, there are many drawbacks
I've heard from med students where I am, that they feel envy toward other uni students who graduate before them, start earning money before them, go on holidays and loving life. But I am here to say to med students thinking that; we are also envious of you! You gain so much knowledge and are able to help people and make a big impact in the lives of many.
Resident's at our hospital start at $ 56,000 salary. X 5 years for surgery .When they finish it goes through the roof. , .like $280,000 for A surgeon to.start.. Well worth it.
simple math: The average college graduate of a none medical field (Engineering, Accounting, Computing Science, Etc) on average make around 100k a year, taking into account the entry level salaries and top earners. After a career of 40 years (Starting at age 23) and retiring at 65; leave a net accumulation of 4.2 million before taxes. A physician that starts a practice at age 33; as a fully trained specialist will make no less than 400k on average a year. After 30 years of practice that is 12 million before taxes. almost 3 times that of a normal college graduate. Even if you want to throw in the debt of 500k in tuition and training cost; it is still 11.5 million, which is far above the average college graduate. the short: medicine pays, and there is far more job security not only within your own country but globally as long as you know the language of the country you want to move to. For North American and European graduates.
T Deo you forgot about neurologist, cardiologist, urologist. And the top if not the best speciality is dermatology; a none surgical speciality which has one if the top 3 salaries. In average well about 500k
T Deo and how is this data independently verified, is there a third party. I live in Canada and the structure of earnings is different than the US. Physicians in Canada have a cap/ service fee. In a short note all earnings are paid by the government. Below is the governmental college of physicians states per speciality. There isn't a possibility of over reporting salaries as it would serve no benefit. With all of that being said; it would be logical that American physicians have higher salaries than there Canadian counterparts. For two simple reasons no service cap and larger population. www.cma.ca/En/Pages/specialty-profiles.aspx
T Deo yes there are some in other professional fields that make 200k plus, but it isn't the norm. As for medical professional making over 200k is very much the norm. No you can't take any of it with you but the question in the video was addressing the reality of monetary gain or lose in choosing a medical career over something else. At the end of a 30 year career a doctor will alway have made more than his counter part in any other profession on average. Excluding the rarity of sports professional and some in software development, high finance and CEO; which are very rare opportunities with little to no access for 99% of people. In the end it will always pay more and be more of a guarantee to be a doctor; Especially if monetary gain was the goal. Also doctors have more job security not only nationally, but globally opposed to other professions. As long as humans have bodies there will alway be a need for a doctor lol
You're awesome man. The saddest part about this is that it shouldn't be this way to begin with. People pursuing further education, especially in the medical field where we need all we can get, shouldn't be financially punished for it. We can add $700 billion to our already overpowered defense budget, no questions asked. But suggesting that we actually invest in education is pie-in-the-sky thinking. I know it's not that black and white, but our priorities as a country *clearly* aren't in order and nobody in the news ever talks about it.
Athletes are debt free in college and will make millions in professional sports. Now, people believe collegiate athletes should be paid. Shows you where our priorities are in society.
A lot of those studies saying Med school is a bad choice always compare physicians to engineers or wallstreet investors. If you compared them to the average citizen it's not even comparable, med school is a wise decision.
oijoij iuhiuhi Thanks for the comment! Be sure to subscribe to my channel to be the first to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com
Damn you could potentially have that paid off in three years. The only downside is you also lose a lot of earning time. An engineer for instance will most likely have already been working for 6 years, earning about 500k not including potential compounding returns. Another three years youre now debt free, the engineer has earned another 500k. Engineer now has somewhere in the range of 500k to 1 mil liquid cash working for them, so close to retirement. While your just paying back your debts. I choose early retirement hahaha
@KurtleTheTurtle The average mid career salary of an engineer is around 90K. No offense but a nurse with a bachelors could easily pick up some extra shifts and pull in close to 150k a year. Also you're argument really depends upon your speciality. If you specialize in general internal med and only make 180k a year than it's a dumb decisions, but if you choose something like surgery like neuro, ortho or cardio, you're making 500K+ a year. I'm not drawn mostly by the salary, it's a wonderful compensation, but I really love the field of medicine and I've always dreamed of being a physician.
This video was super helpful. I am using this video as a reference for my research paper on how medical school debt affects young residents. You definitely provided valuable information and you also motivated me to keep pushing through and to attend medical school myself. Thank you for this video!!!
Live within your means is great advice, regardless of what career or business you're in. If you borrow $300,000 at, let's say 6%, over 20 years you would have paid almost $450,000 over that time if you include all the interest. On top of that student loan stays with you as it is very hard to get out of in bankruptcy. It's a substantial investment. Bottom line is that you have to love doing what you'll be doing before taking on that amount of debt.
I wanted to join med school for a long time but i was really worried about med school debt.. Ur video have helped me a lot in making my mind about how bad I want to see my self serving as a cardiothoracic surgeon n taking the step for my passion...
Awesome! You CAN do it! Its a long road but worth it in the end! Keep up the good work and let me know if you have any questions along the way! Also, be sure to subscribe to receive the newest videos posted every Monday, Wednesday, and Friday at 5pm CST Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Well, let's be real here it all really just depends on the individual. The average med school students come out with 200k-300k in debt, not 500k. You could come out with much more like this guy, or come out with none. However, the average falls around 200k-300k. That sort of thing is quite manageable with the salary of most specialized physicians and especially surgeons. If you pay off your debt ASAP instead of trying to pay it off over the span of 20-30yrs then you'll be golden. If you wait that long you'll end up having to pay over double your loan back. Interest is a bitch. Imo the issue with becoming an MD is the painfully long amount of time it takes. Most other higher paying career paths will have had years, maybe even a decade in the work force on you and all of that time to invest and earn money. Meanwhile, you'll have to pay off massive student debt to even begin earning anything which would make your absurdly high base salary negligible. Even if you get that debt out of the way early, it'll still take a while to catch up to them assuming both parties are wisely investing their money. However, once you do catch up as an MD your net worth will just continue to rise exponentially. In reality it all just comes down to what you personally would prefer, and as the saying goes, you shouldn't be going into medicine for the money, because there isn't really much to be made there.
You live in San Antonio?? awesome man I do too. I'm not exactly getting into the medical field, but I am trying to become a nutritionist. I hope to see more videos!
I’m really worried about choosing between medicine and technology. Mostly because of the debt. Yes, the salaries are higher on average for physicians, and private practice pay can be even higher. But you can also make a fortune by working at MAANG and other tech companies. Then there’s malpractice insurance. I have a few years left as an undergrad student….Both routes are attractive and tough.
Depends on how old you are. If your a middle aged adult who's changing careers and going back to school for a new bachelors degree, medical school may be out the window. If your a recent high school graduate that's 17 yrs old, than med school is definately an option. Most college students nowadays are working class middle aged adults in their late 20s and early thirties looking for new or different careers. In my computer science class, there are way more middle aged adults in college than there are new high school graduates.
People tend to forget that once you start earning the big bucks when you're a surgeon/doctor, you can still invest and try to focus on some side projects/businesses as well. It all comes down to how well you can manage your money and time. :) In other words, you can still live out your passion as a surgeon & make bank while doing it! You just gotta put the effort and thought into it!
The money isn't the question. Is 500K of student debt worth it? If you make as much as an orthopedic surgeon, 489K/year, then of course it is. You could pay off all of the debt in 2 1/2 years and still be keeping 189K per year. Easy math. The real question is is it worth the lifestyle that a surgeon lives? Say goodbye to your free time, you'll be looking at charts all day from home.
Good points. Yes, you def have to consider what specialty you are entering because if you have 500k of student debt and go into Pediatrics making 100k a year, than that may not be a good investment. Also, if. you are going into medicine just to make a salary of 500k/year, then you are going into it for the wrong reasons. Thanks for watching and your comments!
Kace Thanks for the comment! Be sure to subscribe to my channel to be the first to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com
+J Lor Hi, Thanks for the comment and watching! Awesome! You can do it, keep up the good work! I hope this helps! Be sure to subscribe also to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: www.amazon.com/Antonio-J.-Webb/e/B00OYN1LRA
DR IKECHI KELECHI Thank you! Be sure to subscribe to my channel to be the first to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com
That's how public education and university are supposed to be. It is not just a job school but an academy that teaches various knowledge student can expand their own views and ideas towards the society, and of course it could be considered BS in a way especially these days.Quite sad
You are very welcome! Thanks for watching! Please share so we can continue to grow and I can put out more videos like this! Also, don't forget to subscribe as I will be posting new videos every Monday, Wednesday, and Friday at 5pm CST! Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: www.amazon.com/Antonio-J.-Webb/e/B00OYN1LRA Dr. Webb www.antoniowebbmd.com twitter.com/drwebb82 facebook.com/awebbmd th-cam.com/users/antoniowebbmd instagram.com/overcomingtheoddsbook
So glad I don't live in America. Medical degree in Australia $20,000. So much wrong with America: education too expensive, health insurance too expensive, crap minimum wage, low salaries, poor annual leave entitlements, poor government assistance. Little wonder why our university has so many American professors moving here. From what I have seen physicians don't have a life. I have met so many that wished they had chosen a career that allowed them to spend time with their kids and live life to the fullest not work your guts out.
Good advice on going to Community College for your first two years! As you mention joining the Military is also a good option to consider in order to offset some future college costs.
Jay Jones Hi thanks for watching and things for your comments! Yes, I agree. The schools make a lot of money and tuition is only going to rise more in the future. This places is a lot of students in unfortunate situations where they cannot pay back the money that was borrowed borrow or have a hard time paying it back. Thanks for watching and be sure to subscribe if you already haven't to be the first to receive new videos posted weekly! Dr. Webb www.antoniowebbmd.com
The banks and student loan lenders, ie., Sallie Mae and the Department of Education are making a bundle. Totally unfair and unacceptable. Tuition at the University of Heilderberg Medical School in Germany is less than $800 per year. Higher education in the US is a scam.
@@josenegron-soto295 true true it’s a sad era we live in where people wanting to go to medical field to save lives it costs loads of money while joining in an army is cost less this is so unfair
I hate when people get so caught up in the "debt" YOUR DREAMS ARE PRICELESS I'm all about making financially smart decisions but if that dollar amount is keeping u from going after what u want in life u have the wrong idea
work at a rural hospital, if im correct they make you sign a contract to work for them for certain amount of years and they'll pay off you're student loans and debt, etc.
I think it is important to note that going to cc is not always the cheapest option. If you are in the top of your high school your college may cover almost all of your tuition. Elmira College in New York will give you 20k per year if you have a 4.0 in high school. If you go to a small public university, you may have cheap tuition and get scholarships. If you go to a CC and transfer, the vast majority of your scholarship options go away. Remember, a school may have a large price tag but that is never the price you pay. Another example, if you go to a Christian high school, go to a Christian university. You will probably get scholarship money. Apply for scholarships everywhere. Delaware used to have a book called the Delaware State Scholarship Compendium, which had all the scholarships for students there. The problem with CC is that they are hit and miss. I had instructors that had associates degrees teaching general biology. If you want a consistent education without worrying about transferring and whether or not your credits will transfer, go to a 4 year school. Don't take tuition for face value. Look at institutional merit-based scholarships. Private schools offer way more than public. Grand Canyon University is a school that will help a ton. Work a job on campus and get paid to sit at the gym and study. A 4 year education spent entirely at a 4 year school is affordable without loans if you are a good high school student. Check out schools in North Dakota. Minot State University, Dickinson State, Mayville State University of North Dakota, and NDSU are all very affordable, even for out of state students. Minot is a public school with no out of state tuition. It costs 8k per year. Bemidji State is in Minnesota and is the same way. Know your options. Do your research. Don't let money be an object if you want something. Find the best value, but don't sacrifice by risking going to a CC.
I'm upset now.. I made the decision to go to a 4 year university instead of starting at community college because I did not want to make it harder on me in the med school application process and my dream school apparently does not accept CC credits.. The school itself and the CC i was going to go to advised me not to go the the community college (CC). It was the most stressful decision I've had to made.
MisterTO um either you went to a crappy community college or your class credits just dont transfer. And sometimes that happens no matter what school you apply to
You can buy 1-2 houses with 500k which could potentially cash flow over 1500 a month Not including equity which can be 10k- 20k a year per property . All this whilst still working a job to leverage the money. Unless your really passionate about medicine and so on , then I don't think it's worth it !
Maine Medical Center, I would assume like a lot of hospitals have tuition reimbursement. There are many options Volunteer work in native American communities is also just one other way for tuition reimbursement
+Dr K Hi, Thanks for the comment and watching! Im glad you found the video helpful! Be sure to subscribe also to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Future prospective med students be warned: only go to community college if it’s financially difficult to go to a public or private college; it could hurt ur application if u do otherwise, I.e there’s been a crackdown on grade inflation seen in community college courses in the last few years. Med applications (primary and secondary) will often ask ,specifically, if you attended any community colleges and why. As a current med student that navigated the application process, I couldn’t go by without making this point.
500k in debt, when you make 500-600k a year is no big deal. You easily live off 60k a year or less like the majority of us, and have it all paid in a few years. Just depends on if your willing to sacrifice a few more years living poor or not.
Could you make a video on advice for someone who wants to become a Radiographer/Radiologist? I'm coming from an Engineering background but iv'e always been interested in Medical and when i found out about radiography it really sparked an interest for me. Also i live in the UK and just wondering what the difference is for the job role in terms of pay, education, requirements etc. from the UK to the USA.
Thank you for this video!!! We love hearing all of this from someone who has been through (or going through) it. Do student loans cover your living expenses also? I worry about going to an out of state school or a place that is too far from home and not being able to survive because of living costs.
+My Tiny Project Hi, Thanks for the comment and watching! Good question! Yes, generally loans should cover all living expenses but yes you are correct that you should look at all your options when applying to choose a school that is affordable. Im glad you found the video helpful! Be sure to subscribe also to receive the newest videos posted weekly! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Hey Dr. Webb, I was wondering if you can do a video on what the job security is like as an MD, and what it is like in each of the different practices. Thank you!
I’m 47 years old, I’ve just acquired my associate degree in general studies with a concentration in biological sciences. I have always wanted to be an anesthesiologist. However, I’m worried that at my age, I might be setting my sights too high. I’ve just been accepted into the University of New Orleans this fall. I really want to become a doctor. It’s been a life long dream of mine. Do you think that this is a realistic goal?
I got my degree in medical coding. I need to take my ccp exam but lord some medical classes are hard. I commend anyone who goes thru the schooling and becomes a medical professional! The debt and life isn’t for me. But I admire all of you!
There’s some terrible doctors out there with horrible bedside manners so you can tell whose in it for their love of helping others and saving lives and those in it for the money and you sir seem to be in it for the right reasons and that’s to help others and save lives
I would've definitely considered attending a cc but my dad wasn't playing it. I also wanted to do military straight out of h.s. to help with future debt but once again my dad wasnt playing it and my mom was wishy washy. Lol, it's a little hard to make a decision when no one is supporting you except your sister and a good cousin. All of this is to say do what yall want, in the end it will affect you not them...
The UnderDoc You are welcome! Also, If you haven't already, subscribe to my channel to be the first to receive the latest videos that I post weekly! Dr. Webb www.antoniowebbmd.com
Think of it like this: you're making a 200k+ investment (med school alone, ignoring ultimate, massive, interest payments) in yourself you have precious little chance of guaranteed repayment. New med schools are opening every year. Residency spots increase barely with population growth, if even. And the average post residency grad is going to make around 200k before taxes... Ballpark. Are you really intelligent, competent and competitive? Want to make money? Go work with money. Stastically speaking, to make really good money as a doctor, build a time machine. And you left off Rad Onc, they basically turn photons into money.
Zero One % It ranges depending on where you are in residency, what specialty, what year you are in, whether you moonlight or sign contacts with hospitals that pay you as a resident. On average: $50k-85k+/year
+Dr. Antonio J. Webb - Well, I want to become an Orthopedic Surgeon. So, right now, I'm already studying human anatomy, regarding bones, muscles, tendons, ligaments, Etc... Do you think it's good that I'm planning ahead.
christ's failure 000 Most important is that you do well in college and medical school. Ortho is competitive but not impossible to get into! Keep up the good work and stay in touch! Dr. Webb www.antoniowebbmd.com
gonna get my Paramedic in the Fall, then after 3-5 years of working, and getting my GPA up, I'll apply to PA school. Definitely wish I'd have done better in high school and gone for biology straight out of school, but it is what it is.
Thank you, Sir. I'm hoping PA-C will give me the best of both worlds, but seeing M.D.'s as humble as you, taking time to give us hopefuls advice is inspiring, and makes me contemplate taking the plunge!
As civilised societies, it boggles my mind that you can enlist in the army, be fed and boarded, and taught skills and knowledge to fight and potentially kill other people, all costs covered by the taxpayer. Yet for people like doctors, nurses and psychologist s etc, we make them pick up the tab for the training and education. Learning to kill is free but learning to save has a cost. That's really sad to me. 😞
I'm insane so yes and money is not really something I care about. I don't know how to take care of myself,I'm one of those people who will forget to eat when they're caught up on something. I might actually die in medical school if I'm not aware of my habits.
Thank you, I appreciate it! Thanks for watching! Please subscribe and also hit the bell notification so you don't miss any videos that I post. And, as always please let me know of any suggestions to improve the channel or videos you would like to see! Dr. Webb www.antoniowebbmd.com facebook.com/awebbmd instagram.com/overcomingtheoddsbook Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Investment analogy needs to be changed to "borrowing against your future income." The borrowing analogy underlines the fact that your future income must be great enough so you can afford to borrow against. If future income is not certain to be great for whatever reason... then you shouldn't borrow against it. Simple. Clear. Done. Where as "investment" is usually mystified as "it's bad now but it will magically become good later" view point. Due to all the financial investment marketing, investment analogy is more likely to lead to a faith-based decision ("just do it, cuz everyone says investing is good") than a personalized, money-counting, statistical decision.
Hey! I’m not in med school but when I chose my nursing program I saw it as an investment, (it’s pretty pricey) one that would pay me over and over. There’s also loan forgiveness programs out there as well.
completely disagree on the community college sentiment Doc. CC have larger class sizes, it is survival of the fittest to get into the classes you need(ie hunger games), AND a lot of the classes they make you take do not transfer to the institution you are trying to go to-2 years at CC very quickly turns into 3 or 4. PLUS the new play colleges are doing is that you need "in residency" credits so those GE's you completed at CC don't count towards finishing your BA/BS. Keeping it real because i wish someone fed it to me straight years ago.
Not worth it for a GP. I’m an internist and the pay is horrible considering the amount I studied. I would only advise med school only if you specialize.
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I'm a pediatrician, recently board certified doctor. It's important to be smart and shop around with undergrad, medical school, and residency. I had 100k debt when I finished medical school and I did not have help from my parents. I did not live at home. I had a scholarship in undergrad so that was fully paid for. I chose a cheap med school 17k per year, did not own a car, and lived frugally by renting cheap and cooking my own food.
You should not take 30 Years to pay off your loan. I paid it off in 4. Never make a minimum payment. I dropped 1500 per month while I was in residency, and then almost 5k per month once I got a job. Now I'm debt free after just 1 year of being a pediatrician.
Dominik S how many years to be a pediatrician?
How much do you make hourly and how many figures is paychecks
Cornet Nahum about 10-12 years
(No U) is wrong. It takes 10-12 years OF PURE COLLEGE SCHOOLIng (Undergrad+grad+residency). For your case of "how long to become a pediatrician," it takes 4 years of medical school, and 2-4 years of residency. You should know that every single doctor (even dentists and optometrists) take 4 years of medical/dental/optometry school plus a few years of residency.
You should know every single doctor is different. It all depends on WHERE they are working at. For example, a doctor in LA would make less than a doctor in a small town of Ohio because there are a lot of doctors in LA compared to a small town in Ohio. It also depends on HOW EXPERIENCED you are, aka how long you've been a doctor.
(You don't make big money until you pay all of your debts and have had many years of experience)
appreciate how humble you are fam
Thanks, I appreciate it!
Meami why are you here? Are you trying to become a doctor or you just have a variety of interests?
Dionne McCrary probably variety of interests
Meami what u doing here Dev
Money has no value over saving lives. You sir are what people look up to. Debt might set in place in the short run, but the many lives you save over your years will worthwhile.
Yes I agree! Thank you!
Breaking News lol...hospitals are just businesses in the end of the day. All they care about in the end of the day is the money.
Filmon Tewolde Doesn't mean that the people who working in them aren't their for the right reasons
Devon B It doesn’t mean that the people working there are necessarily there for the right reason either.
@@user-lu6yg3vk9z that's just your sick mentality
I'm so glad about your community college comment. I'm always embarrassed that I go to a cc because my brother graduated from UCLA, but a cc really was the best option for me because my brothers and I are going to school at the same time as me so it really helps financially coming from a low income family.
No need to be embarrassed. Alot of people do it this way. I am a surgeon and NO ONE cares if I went to a CC. So, go for it! Keep up the great work!
Don't ever be embarrassed about attending CC, just be wise and look at the big picture. Trust me when it comes time to paying off your dept or getting that job no one will ask what school you went to as long as you have that degree you're good. Best of luck on your educational endeavors.
Never be embarrassed on how you made your way to success.
Thanks Bro................we need more black men like you showing what you can become, than playing basketball and football. this is what builds a society and country,Bless up
Agreed, we need more diversity in medicine.
medicine is not for everyone and not everyone is for medicine.
Hi,
Thank you for watching and your comment! I definitely agree!
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Juan Manzano Obviously he's talking to people who are seriously considering a medical career lol
Juan Manzano everyone needs medicine
I don't want to be a doctor and is unlikely to be but I appreciate the way you address the situation and put reality to prospective students in a calm, honest and respectable way. Subscribed.
Thank you! Welcome to the fam!
*golden*.
Thank you for this video sir.
DSNRVZ No prob!
Dr. Webb
www.antoniowebbmd.com
What kind of salaries do cardiologists make nowadays after residency? What's the highest burnout rate in your opinion? Thank you for the information, it is much appreciated. I love medicine but am a bit worried about trying to start a family during residency. Other than that im all onboard with medical school so your information helps quite a bit. Thank you.
Ben cardiologist makes an average around 450k. I think the physicians with the highest burn out rate are neurosurgeons.
I dreamed of becoming a surgeon and got sent back to reality after that MCAT... Didn't get into any med schools, but I continued my education into computer science. Kudos to you for making it. I know what you have been through and you have truly earned it. 🙏
u sound so humble.
I imagine you are forced to be humble doing 6-8 years of university
+Esharido
LMFAO That's the stupidest comment I ever read. College professionals are some of the most arrogant people the world has
Esharido Thus, the reason of my comment.
Esharido greenelephant1231 He is giving insightful and helpful advice on becoming a physician. What are you talking about? College graduates are not arrogant people.arrogant people are arrogant people. Thats not something school will change in your personality. Unless you affiliate being educated with being arrogant. Well in that case you're ignorant to be talking out of your ass like that.
He's on his like 13th year lol
Sir, you have my utmost respect for your hard work and determination. 15 years of education and training plus 500k in debt seems so daunting but it will be well worth it at the end. Your videos have been very inspirational. Thank you.
I'm in grad school now and I also recommend going to community college first because I didn't have loans until my senior year. Most of my peers were $40,000 in debt already...
Good point, this is what I did also!
I really liked your video and I think it's great that you are informing alot of people about the costs of going to medical school!
Niky Stone
Hi,
Thanks for the comment and watching! You are very welcome! I'm glad the video helped!
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I wish there were information like this 20 years ago...my life would have been completely different 😢 I am thankful for all the information available now about how college on what to expect and ways to get where you want to be. Thank you for your informative videos. God bless
I've been an Emergency Medical Responder for my fire department for 4 years. And realized I was fascinated with anatomy. Obviously I also love helping people so I knew I wanted to become a doctor. But I thought coming from a broke family college was unrealistic... So anyway I recently applied to college and got accepted so I'm going to get my bachelors and then I obviously want to go to medical school. I guess for some people it might not make sense but I know it's what I really want to do so I'm going all in...
Good luck Austin!
It makes sense to me.
Good luck.
There is a hpsp scholarship program where the navy sponsors your medical school in exchange for you to serve as a doctor as the equivalent amount of time. However, there are many drawbacks
Austin Matthias how’s school? Did you go yet ! I’m proud of you for expanding your imagination and sharing it ❤️ All love !
Hello! How did go after all? Any update!???
I've heard from med students where I am, that they feel envy toward other uni students who graduate before them, start earning money before them, go on holidays and loving life.
But I am here to say to med students thinking that; we are also envious of you! You gain so much knowledge and are able to help people and make a big impact in the lives of many.
You inspire me sir. I'm currently a 0-3 CCU RN taking prerequisites to get into medical school. I really enjoy channel!!
Nyakeh Charley Awesome! Keep up the good work!
DR. Webb
www.antoniowebbmd.com
Dr. Antonio J. Webb z
Nyakeh Charley why not go to CRNA school? Or even NP school? My coworker just started out as an NP at a hospital in Georgia making 160K
Resident's at our hospital start at
$ 56,000 salary. X 5 years for surgery .When they finish it goes through the roof. , .like $280,000 for A surgeon to.start..
Well worth it.
simple math:
The average college graduate of a none medical field (Engineering, Accounting, Computing Science, Etc) on average make around 100k a year, taking into account the entry level salaries and top earners. After a career of 40 years (Starting at age 23) and retiring at 65; leave a net accumulation of 4.2 million before taxes.
A physician that starts a practice at age 33; as a fully trained specialist will make no less than 400k on average a year. After 30 years of practice that is 12 million before taxes. almost 3 times that of a normal college graduate. Even if you want to throw in the debt of 500k in tuition and training cost; it is still 11.5 million, which is far above the average college graduate.
the short: medicine pays, and there is far more job security not only within your own country but globally as long as you know the language of the country you want to move to. For North American and European graduates.
T Deo you forgot about neurologist, cardiologist, urologist. And the top if not the best speciality is dermatology; a none surgical speciality which has one if the top 3 salaries. In average well about 500k
T Deo and how is this data independently verified, is there a third party.
I live in Canada and the structure of earnings is different than the US. Physicians in Canada have a cap/ service fee.
In a short note all earnings are paid by the government.
Below is the governmental college of physicians states per speciality. There isn't a possibility of over reporting salaries as it would serve no benefit.
With all of that being said; it would be logical that American physicians have higher salaries than there Canadian counterparts. For two simple reasons no service cap and larger population.
www.cma.ca/En/Pages/specialty-profiles.aspx
T Deo yes there are some in other professional fields that make 200k plus, but it isn't the norm. As for medical professional making over 200k is very much the norm.
No you can't take any of it with you but the question in the video was addressing the reality of monetary gain or lose in choosing a medical career over something else. At the end of a 30 year career a doctor will alway have made more than his counter part in any other profession on average.
Excluding the rarity of sports professional and some in software development, high finance and CEO; which are very rare opportunities with little to no access for 99% of people.
In the end it will always pay more and be more of a guarantee to be a doctor; Especially if monetary gain was the goal. Also doctors have more job security not only nationally, but globally opposed to other professions. As long as humans have bodies there will alway be a need for a doctor lol
TheShockerKnocker were did you read that I said anything about the salary of a student? Can you even read?
Ariel Rom b
You're awesome man. The saddest part about this is that it shouldn't be this way to begin with. People pursuing further education, especially in the medical field where we need all we can get, shouldn't be financially punished for it. We can add $700 billion to our already overpowered defense budget, no questions asked. But suggesting that we actually invest in education is pie-in-the-sky thinking. I know it's not that black and white, but our priorities as a country *clearly* aren't in order and nobody in the news ever talks about it.
Thank you! Good points
Athletes are debt free in college and will make millions in professional sports. Now, people believe collegiate athletes should be paid. Shows you where our priorities are in society.
A lot of those studies saying Med school is a bad choice always compare physicians to engineers or wallstreet investors. If you compared them to the average citizen it's not even comparable, med school is a wise decision.
oijoij iuhiuhi Thanks for the comment!
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Damn you could potentially have that paid off in three years. The only downside is you also lose a lot of earning time. An engineer for instance will most likely have already been working for 6 years, earning about 500k not including potential compounding returns. Another three years youre now debt free, the engineer has earned another 500k. Engineer now has somewhere in the range of 500k to 1 mil liquid cash working for them, so close to retirement. While your just paying back your debts. I choose early retirement hahaha
@KurtleTheTurtle The average mid career salary of an engineer is around 90K. No offense but a nurse with a bachelors could easily pick up some extra shifts and pull in close to 150k a year. Also you're argument really depends upon your speciality. If you specialize in general internal med and only make 180k a year than it's a dumb decisions, but if you choose something like surgery like neuro, ortho or cardio, you're making 500K+ a year. I'm not drawn mostly by the salary, it's a wonderful compensation, but I really love the field of medicine and I've always dreamed of being a physician.
Fucking stupid....
The AVERAGE person, the average kid....... Can't pay off debt.
This video was super helpful. I am using this video as a reference for my research paper on how medical school debt affects young residents. You definitely provided valuable information and you also motivated me to keep pushing through and to attend medical school myself. Thank you for this video!!!
i bet your family is proud of you
Thank you for kind words!
Dr. Webb
www.antoniowebbmd.com
Overcoming the odds.. I like that
Thank you!
Live within your means is great advice, regardless of what career or business you're in. If you borrow $300,000 at, let's say 6%, over 20 years you would have paid almost $450,000 over that time if you include all the interest. On top of that student loan stays with you as it is very hard to get out of in bankruptcy. It's a substantial investment. Bottom line is that you have to love doing what you'll be doing before taking on that amount of debt.
I def agree! It's a risk and you have to really want it!
Get Help Tax its called live😒 below your means
Yes! It’s not only worth it, those who dare are worthy. Kudos Dr. Webb- hope you and the family are safe, well and thriving.
I wanted to join med school for a long time but i was really worried about med school debt.. Ur video have helped me a lot in making my mind about how bad I want to see my self serving as a cardiothoracic surgeon n taking the step for my passion...
Awesome! You CAN do it! Its a long road but worth it in the end! Keep up the good work and let me know if you have any questions along the way!
Also, be sure to subscribe to receive the newest videos posted every Monday, Wednesday, and Friday at 5pm CST
Dr. Webb
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Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Answer is no.
Filmon Tewolde dead asf
lol yah no. Maybe like plastic surgeons, and specialized surgeons, but for most doctors, they do not making near 600k a year lolol
Dalton Balboa you'd have to be a neuro surgeon or a celebrity plastic surgeon or something to make that money.
Well, let's be real here it all really just depends on the individual. The average med school students come out with 200k-300k in debt, not 500k. You could come out with much more like this guy, or come out with none. However, the average falls around 200k-300k. That sort of thing is quite manageable with the salary of most specialized physicians and especially surgeons. If you pay off your debt ASAP instead of trying to pay it off over the span of 20-30yrs then you'll be golden. If you wait that long you'll end up having to pay over double your loan back. Interest is a bitch. Imo the issue with becoming an MD is the painfully long amount of time it takes. Most other higher paying career paths will have had years, maybe even a decade in the work force on you and all of that time to invest and earn money. Meanwhile, you'll have to pay off massive student debt to even begin earning anything which would make your absurdly high base salary negligible. Even if you get that debt out of the way early, it'll still take a while to catch up to them assuming both parties are wisely investing their money. However, once you do catch up as an MD your net worth will just continue to rise exponentially. In reality it all just comes down to what you personally would prefer, and as the saying goes, you shouldn't be going into medicine for the money, because there isn't really much to be made there.
500k a year is so not worth 8-14 years of school (ew). I’d rather do 4 years of school and make 50-70k tbh. Talk about stacks
I appreciate you and any medical doctor that SACRIFICE THEIR LIFE INTO HELPING OTHER PEOPLE , its the most selfless job and thankless
You live in San Antonio?? awesome man I do too. I'm not exactly getting into the medical field, but I am trying to become a nutritionist. I hope to see more videos!
You don’t how much I appreciated your video today. I am considering medical school even though I am a non traditional student
Thanks for your candid and honest information. This is what we need in this day and time. People who will share their experience with others.
Thank you for watching!
I’m really worried about choosing between medicine and technology. Mostly because of the debt. Yes, the salaries are higher on average for physicians, and private practice pay can be even higher. But you can also make a fortune by working at MAANG and other tech companies. Then there’s malpractice insurance. I have a few years left as an undergrad student….Both routes are attractive and tough.
Depends on how old you are. If your a middle aged adult who's changing careers and going back to school for a new bachelors degree, medical school may be out the window. If your a recent high school graduate that's 17 yrs old, than med school is definately an option. Most college students nowadays are working class middle aged adults in their late 20s and early thirties looking for new or different careers. In my computer science class, there are way more middle aged adults in college than there are new high school graduates.
This was very helpful in in highschool right now, this information was very insightful and eye opening
You’re so humble I love it!
Thank you!
Thank you so so so much! I was so nervous about this.
People tend to forget that once you start earning the big bucks when you're a surgeon/doctor, you can still invest and try to focus on some side projects/businesses as well. It all comes down to how well you can manage your money and time. :) In other words, you can still live out your passion as a surgeon & make bank while doing it! You just gotta put the effort and thought into it!
The money isn't the question. Is 500K of student debt worth it? If you make as much as an orthopedic surgeon, 489K/year, then of course it is. You could pay off all of the debt in 2 1/2 years and still be keeping 189K per year. Easy math. The real question is is it worth the lifestyle that a surgeon lives? Say goodbye to your free time, you'll be looking at charts all day from home.
Good points. Yes, you def have to consider what specialty you are entering because if you have 500k of student debt and go into Pediatrics making 100k a year, than that may not be a good investment. Also, if. you are going into medicine just to make a salary of 500k/year, then you are going into it for the wrong reasons. Thanks for watching and your comments!
1984chupacabra you can make more depending on where you live
1984chupacabra money is never the reason to go into med school
1984chupacabra no job makes over 250k a year
@@blacklyfe5543 none that you know of
Starts @ 6:32
Dr. Sebi and his team have helped cured many people from the flu all the way to aids.
Kace
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Dr. Webb
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Thank-you so much for all the information. It was very useful!
Thanks for this ! It was very helpful in my decision to become a doctor and nothing else.
+J Lor
Hi,
Thanks for the comment and watching! Awesome! You can do it, keep up the good work!
I hope this helps! Be sure to subscribe also to receive the newest videos posted weekly!
Dr. Webb
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Listening to you for the very first time! ):):):): Quite interesting
DR IKECHI KELECHI
Thank you!
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School in a nutshell: 4-8 years of useless BS, THEN you get 2-4 years of real training
Ashley Johansson Pretty much.
Christian Rivera no one is trash u arrogant dipshit
How is school useless BS? that tells me you havent been..
Then go to Asia or Europe . They don't make you do BS
That's how public education and university are supposed to be. It is not just a job school but an academy that teaches various knowledge student can expand their own views and ideas towards the society, and of course it could be considered BS in a way especially these days.Quite sad
This doctor is legit! Glad these kids have your channel for advice on becoming a doctor.
Thank you Doctor! I appreciate all the advice..
You are very welcome! Thanks for watching! Please share so we can continue to grow and I can put out more videos like this! Also, don't forget to subscribe as I will be posting new videos every Monday, Wednesday, and Friday at 5pm CST!
Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: www.amazon.com/Antonio-J.-Webb/e/B00OYN1LRA
Dr. Webb
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No I am good ! I will get my CDL and start making over 100k a year in 5 years from now ! With 0 debts
I love your videos, great advice, definitely subscribed.!
You should start a podcast!!
Ive been told that. Thanks for the tip! Will look into it! Any other suggestions, let me know!
Morgahn Gibson his voice is perfect for podcasting.
So glad I don't live in America. Medical degree in Australia $20,000. So much wrong with America: education too expensive, health insurance too expensive, crap minimum wage, low salaries, poor annual leave entitlements, poor government assistance. Little wonder why our university has so many American professors moving here. From what I have seen physicians don't have a life. I have met so many that wished they had chosen a career that allowed them to spend time with their kids and live life to the fullest not work your guts out.
Good advice on going to Community College for your first two years! As you mention joining the Military is also a good option to consider in order to offset some future college costs.
Why does it cost so much? These schools are making a ton of money.
Jay Jones
Hi thanks for watching and things for your comments!
Yes, I agree. The schools make a lot of money and tuition is only going to rise more in the future. This places is a lot of students in unfortunate situations where they cannot pay back the money that was borrowed borrow or have a hard time paying it back.
Thanks for watching and be sure to subscribe if you already haven't to be the first to receive new videos posted weekly!
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The banks and student loan lenders, ie., Sallie Mae and the Department of Education are making a bundle. Totally unfair and unacceptable. Tuition at the University of Heilderberg Medical School in Germany is less than $800 per year. Higher education in the US is a scam.
@@josenegron-soto295 true true it’s a sad era we live in where people wanting to go to medical field to save lives it costs loads of money while joining in an army is cost less this is so unfair
Go study in Europe! I'm a med student in Florence Italy and I pay 2700$ per year.
I hate when people get so caught up in the "debt" YOUR DREAMS ARE PRICELESS I'm all about making financially smart decisions but if that dollar amount is keeping u from going after what u want in life u have the wrong idea
It comes down to ROI. If the ROI is financially sound, then yes go for it but if not, then its prob not the best idea
I studied in my home city. I paid about $500.00 in tuition fees. I live in Panama City, Panama.
work at a rural hospital, if im correct they make you sign a contract to work for them for certain amount of years and they'll pay off you're student loans and debt, etc.
Yes, there are several programs out there that will allow you to do that
awesome video! Thank you!
No prob! Thanks for watching!
I think it is important to note that going to cc is not always the cheapest option. If you are in the top of your high school your college may cover almost all of your tuition. Elmira College in New York will give you 20k per year if you have a 4.0 in high school. If you go to a small public university, you may have cheap tuition and get scholarships. If you go to a CC and transfer, the vast majority of your scholarship options go away. Remember, a school may have a large price tag but that is never the price you pay. Another example, if you go to a Christian high school, go to a Christian university. You will probably get scholarship money. Apply for scholarships everywhere. Delaware used to have a book called the Delaware State Scholarship Compendium, which had all the scholarships for students there. The problem with CC is that they are hit and miss. I had instructors that had associates degrees teaching general biology. If you want a consistent education without worrying about transferring and whether or not your credits will transfer, go to a 4 year school. Don't take tuition for face value. Look at institutional merit-based scholarships. Private schools offer way more than public. Grand Canyon University is a school that will help a ton. Work a job on campus and get paid to sit at the gym and study. A 4 year education spent entirely at a 4 year school is affordable without loans if you are a good high school student. Check out schools in North Dakota. Minot State University, Dickinson State, Mayville State University of North Dakota, and NDSU are all very affordable, even for out of state students. Minot is a public school with no out of state tuition. It costs 8k per year. Bemidji State is in Minnesota and is the same way. Know your options. Do your research. Don't let money be an object if you want something. Find the best value, but don't sacrifice by risking going to a CC.
I'm upset now.. I made the decision to go to a 4 year university instead of starting at community college because I did not want to make it harder on me in the med school application process and my dream school apparently does not accept CC credits.. The school itself and the CC i was going to go to advised me not to go the the community college (CC). It was the most stressful decision I've had to made.
MisterTO um either you went to a crappy community college or your class credits just dont transfer. And sometimes that happens no matter what school you apply to
You can buy 1-2 houses with 500k which could potentially cash flow over 1500 a month Not including equity which can be 10k- 20k a year per property . All this whilst still working a job to leverage the money. Unless your really passionate about medicine and so on , then I don't think it's worth it !
Josef lmao Most people aren't going to do that though.
Maine Medical Center, I would assume like a lot of hospitals have tuition reimbursement. There are many options
Volunteer work in native American communities is also just one other way for tuition reimbursement
+Dr K
Hi,
Thanks for the comment and watching!
Im glad you found the video helpful! Be sure to subscribe also to receive the newest videos posted weekly!
Dr. Webb
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So inspirational and great advice!!
Thank you! I appreciate it!
“Just owe them 4 to 7 years” HA it feels like much more than that lol
Future prospective med students be warned: only go to community college if it’s financially difficult to go to a public or private college; it could hurt ur application if u do otherwise, I.e there’s been a crackdown on grade inflation seen in community college courses in the last few years. Med applications (primary and secondary) will often ask ,specifically, if you attended any community colleges and why. As a current med student that navigated the application process, I couldn’t go by without making this point.
Excellent video, thank you, much appreciated. New sub : )
Thank you and welcome to the fam!
500k in debt, when you make 500-600k a year is no big deal. You easily live off 60k a year or less like the majority of us, and have it all paid in a few years. Just depends on if your willing to sacrifice a few more years living poor or not.
Could you make a video on advice for someone who wants to become a Radiographer/Radiologist? I'm coming from an Engineering background but iv'e always been interested in Medical and when i found out about radiography it really sparked an interest for me. Also i live in the UK and just wondering what the difference is for the job role in terms of pay, education, requirements etc. from the UK to the USA.
That was amazing sergury.
Hey!! Great video.
Please what do you think about doing nursing first before medical school?
Awesome advice💯📈
Thank you!
Thank you for this video!!! We love hearing all of this from someone who has been through (or going through) it. Do student loans cover your living expenses also? I worry about going to an out of state school or a place that is too far from home and not being able to survive because of living costs.
+My Tiny Project
Hi,
Thanks for the comment and watching! Good question! Yes, generally loans should cover all living expenses but yes you are correct that you should look at all your options when applying to choose a school that is affordable.
Im glad you found the video helpful! Be sure to subscribe also to receive the newest videos posted weekly!
Dr. Webb
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Dr. Webb's new book, Overcoming the Odds (ranked 5 STARS!) is available NOW at: amzn.to/2ydvHwd
Hey Dr. Webb, I was wondering if you can do a video on what the job security is like as an MD, and what it is like in each of the different practices. Thank you!
In short terms, no. Unless you're really committed to it. 110%
I’m 47 years old, I’ve just acquired my associate degree in general studies with a concentration in biological sciences. I have always wanted to be an anesthesiologist. However, I’m worried that at my age, I might be setting my sights too high. I’ve just been accepted into the University of New Orleans this fall. I really want to become a doctor. It’s been a life long dream of mine. Do you think that this is a realistic goal?
Thank you, we need more people like you.
Thank you! I appreciate it!
Thanks for watching! Let me know of any other topics you would like me to talk about or ways to improve the channel!
I got my degree in medical coding. I need to take my ccp exam but lord some medical classes are hard. I commend anyone who goes thru the schooling and becomes a medical professional!
The debt and life isn’t for me. But I admire all of you!
Thank you for sharing that and I appreciate it!
Thanks so much! This really helped me. (:
NatNat
Thank you!
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Dr. Webb
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I’m a neurologist and I am currently facing about $300,000 worth of debt.
How’s that going? I paid off 100k this year. Woo!
There’s some terrible doctors out there with horrible bedside manners so you can tell whose in it for their love of helping others and saving lives and those in it for the money and you sir seem to be in it for the right reasons and that’s to help others and save lives
I would've definitely considered attending a cc but my dad wasn't playing it. I also wanted to do military straight out of h.s. to help with future debt but once again my dad wasnt playing it and my mom was wishy washy. Lol, it's a little hard to make a decision when no one is supporting you except your sister and a good cousin. All of this is to say do what yall want, in the end it will affect you not them...
That bow tie is fresh as hell.
I was told in order to be successful sometimes debt is necessary.
Can you please talk about the advantages and disadvantages of joining the military?
Yes, I have videos about that here
th-cam.com/play/PLAhk31i50Jpy33BwUmEsbON0ELoZRFEYt.html
How are you doing with your debt repayments? Would love to see how you handle your finances? I learn a lot from other people’s decisions. Thanks
thanks for the tips!
The UnderDoc
You are welcome!
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Think of it like this: you're making a 200k+ investment (med school alone, ignoring ultimate, massive, interest payments) in yourself you have precious little chance of guaranteed repayment. New med schools are opening every year. Residency spots increase barely with population growth, if even. And the average post residency grad is going to make around 200k before taxes... Ballpark.
Are you really intelligent, competent and competitive? Want to make money? Go work with money. Stastically speaking, to make really good money as a doctor, build a time machine.
And you left off Rad Onc, they basically turn photons into money.
good message.
Zero One % Thank you!
Dr. Webb
www.antoniowebbmd.com
+Dr. Antonio J. Webb - What's your Salary as a Resident?
Zero One % It ranges depending on where you are in residency, what specialty, what year you are in, whether you moonlight or sign contacts with hospitals that pay you as a resident. On average: $50k-85k+/year
+Dr. Antonio J. Webb - Well, I want to become an Orthopedic Surgeon. So, right now, I'm already studying human anatomy, regarding bones, muscles, tendons, ligaments, Etc... Do you think it's good that I'm planning ahead.
christ's failure 000 Most important is that you do well in college and medical school. Ortho is competitive but not impossible to get into! Keep up the good work and stay in touch!
Dr. Webb
www.antoniowebbmd.com
great information .
Thank you!
gonna get my Paramedic in the Fall, then after 3-5 years of working, and getting my GPA up, I'll apply to PA school. Definitely wish I'd have done better in high school and gone for biology straight out of school, but it is what it is.
Its never too late. Sometimes, detours in life take us exactly where we want to end up
Thank you, Sir. I'm hoping PA-C will give me the best of both worlds, but seeing M.D.'s as humble as you, taking time to give us hopefuls advice is inspiring, and makes me contemplate taking the plunge!
Some things in life are priceless right?
I agree!
Somewhat of a distorted viewpoint since the vast majority of high debt medical students won’t be going into specialties that make anywhere near 600k
As civilised societies, it boggles my mind that you can enlist in the army, be fed and boarded, and taught skills and knowledge to fight and potentially kill other people, all costs covered by the taxpayer. Yet for people like doctors, nurses and psychologist s etc, we make them pick up the tab for the training and education. Learning to kill is free but learning to save has a cost. That's really sad to me. 😞
I'm insane so yes and money is not really something I care about. I don't know how to take care of myself,I'm one of those people who will forget to eat when they're caught up on something. I might actually die in medical school if I'm not aware of my habits.
Yes, it's not for everyone. You have to really have a passion for it
It is kinda useful information..thanks
You are welcome!
Nothing Dave Ramsey’s baby steps can’t fix. Congrats man.
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Investment analogy needs to be changed to "borrowing against your future income." The borrowing analogy underlines the fact that your future income must be great enough so you can afford to borrow against. If future income is not certain to be great for whatever reason... then you shouldn't borrow against it. Simple. Clear. Done. Where as "investment" is usually mystified as "it's bad now but it will magically become good later" view point. Due to all the financial investment marketing, investment analogy is more likely to lead to a faith-based decision ("just do it, cuz everyone says investing is good") than a personalized, money-counting, statistical decision.
Hey! I’m not in med school but when I chose my nursing program I saw it as an investment, (it’s pretty pricey) one that would pay me over and over. There’s also loan forgiveness programs out there as well.
Amazing I sub 💯💯
Thank you! I appreciate it!
completely disagree on the community college sentiment Doc. CC have larger class sizes, it is survival of the fittest to get into the classes you need(ie hunger games), AND a lot of the classes they make you take do not transfer to the institution you are trying to go to-2 years at CC very quickly turns into 3 or 4. PLUS the new play colleges are doing is that you need "in residency" credits so those GE's you completed at CC don't count towards finishing your BA/BS. Keeping it real because i wish someone fed it to me straight years ago.
False. maybe you went to some really bad cc but most talk with the in-state colleges and have lists of class that would 100% transfer.
Not worth it for a GP. I’m an internist and the pay is horrible considering the amount I studied. I would only advise med school only if you specialize.