4 ms·
It is expensive, but they are extremely well compensated. Don’t let them BS you. It doesn’t take that long to pay back a million dollars of med school debt
by huitzitziltzin 5y ago
It is expensive, but they are extremely well compensated. Don’t let them BS you. It doesn’t take that long to pay back a million dollars of med school debt at a salary of 400k per year.
Bigger issue is low supply: too few medical schools admitting too few students keeps supply Low and prices high. Current doctors love it. (That’s the same reason non-US-trained doctors can’t come to practice here. You can bet that they’d love to at our salaries!)
Probably the training process is dysfunctional and needlessly brutal. But that doesn’t make prices high on its own.
Just open more med schools, add residency slots, and make it easier for doctors from other places to come here and practice.
- conanbatt 5y ago> It doesn’t take that long to pay back a million dollars of med school debt at a salary of 400k per year. It should be clear that in this relationship, the rent-seeker is the university education. Doctors and wanna-be doctors are victims here. From whom? Mainly other doctors. Similar to any union.