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It's no longer a guaranteed path to being rich, for the record. Since the 1990s, the average income of physicians has grown at less than the rate of inflation (
by derektank 1y ago
It's no longer a guaranteed path to being rich, for the record. Since the 1990s, the average income of physicians has grown at less than the rate of inflation (Median physician compensation was ~$140k in 2000 and is ~$240k today). It's gone from being maybe a top 2% income to being a top 10% income.
Not to say it's not still remunerative, or anyone is going to go poor choosing to become a doctor, but there are other paths to a good wage that don't require 8 years of schooling or nearly as much student debt.
- LPisGood 1y ago240k as an individual is a lot higher than top 10% of American incomes.
- derektank 1y agoIt's around the 5th percentile but obviously half of physicians make less than that
- framerjohn 1y agoInflation has jacked up salaries and rates. There’s a big disparity now depending on whether salaries have been adjusted.
- Auracle 1y agoName another "standard" profession that makes a median of 240k per year.
- derektank 1y agoAirline pilots make about $230K