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What is the risk associated with a medical degree? It seemed to be the default path for risk averse middle class kids with science talent.
by jchallis 7y ago
What is the risk associated with a medical degree? It seemed to be the default path for risk averse middle class kids with science talent.
- WalterBright 7y agoDuring my time at Caltech, there were the premeds. They worked very, very hard, because they needed the grades to get into med school. They weren't a real happy group of students, not many envied them. I feel any money they made after all that they earned. Many of the engineers went on to become quite wealthy from their startups.
- nytesky 7y agoThe risk of Medical and Law school is the enormous debt you take on. Those costs would have been about 4x times the value of my parents homes for example. If for some reason you don’t make it through Med or Law school, it’s not like they forgive the debt.
- lotsofpulp 7y agoThey also involve the most costly resource of all - time. Time that you can’t spend supporting your parents or siblings. Most people simply don’t have the option of deferring income for 8 years and 80 hour work weeks.