is being a doctor worth it reddit

/r/medicine is a virtual lounge for physicians and other medical professionals from around the world to talk about the latest advances, controversies, ask questions of each other, have a laugh, or share a difficult moment. I've spent nearly 30 years running private medical practices. At the end of the day do something that makes you happy, something that challenges you daily. Continue reading about this topic: Pros and cons of being an ER doctor: Part 2. The work/life balance of being a doctor depends on the specialty. You will never regret being a Psychiatrist * ( exception are there in every field). Simply put, being a doctor has become a miserable and humiliating undertaking. A hierarchy with room for promotion/increasing responsibility would be neat! I've heard this a lot especially with surgeons. i pray those wages are still happening in 18 months. I am considering being a TA for Biology 1 next year. Yes absolutely it's all worth it. Dr. Nicole Swiner, a physician and author, has stuck with being a doctor because she loves it so much, but she deeply empathizes with those who decide to leave. 5 Reasons Why It Is Worth Getting Your PhD Degree, After All. I come from a tech background and haven't yet stepped foot in a college. You have a choice to want more hours to pursue side enjoyments. Assuming I attend a private medical school, complete a 5-year residency/fellowship, I start my first job $555,000 in debt. So, Is Being a Doctor Worth It? It Requires A Lot of Organizational Skills. I was told that I wasn't authentic, came off guarded, rehearsed, awkward, and uncomfortable in interviews. Yep, over the past 10 years I've shadowed about 25 physicians, variety of specialties, practice settings, ages, enthusiasm/burnout levels, geographic locations, DO/MD/MD,PhD, Nursing, PT, PA. My mom's a homecare physical therapist and father was a GP in underserved communities (rural pennsylvania and community hospital in Philadelphia). Your choice of specialty and the school chosen for fellowship means much more. It all depends. I'd like an answer from someone who's willing to give me an honest and detailed answer. For typical retirement ranks of a doc, it is worth about $56K/year at 20 years up to about $98K/year at 30 years. 9. I cannot make that decision for you. “As a doctor, you won't be able to completely escape sad situations. Alternatively, If I get a job after my masters, I’d be $88,000 in debt. Both doctors and nurses need to know about medicine, dentistry, biology, psychology, and sociology. https://www.reddit.com/r/whitecoatinvestor/comments/bisri0/the_cost_of_becoming_a_physician_is_it_worth_it/?utm_source=share&utm_medium=web2x Yep, good points. Career-wise and money-wise? The economy is so bad now. That’s fine if science and the pursuit of knowledge and skill is all you aim for in life, but most would say that’s not a life. I love being a vet. For instance are you really going to apply and visit 11 different med schools? If I was you, I would try to find alternative ways to use my engineering degree, like as a consultant or freelancer, to spice things up. Scenario B: If I pay $1,500/month for 5 years, I’m debt-free in 6 years, at age 31. Turns out, I connect best with underserved patients—I'm a true snowflake! In the end, is it all worth it? Here are the 5 major reasons why it’s worth getting your PhD degree after all the time, energy, money, and effort it requires. I still think vet school was worth it for me. The time, cost of attendance, the 80 hour workweek in residency, and the paperwork you have to slog through is just not worth it if your heart is not into it. I have been involved in research for novel therapies. Over the past week or so, I've been having thoughts about whether the lifestyle that enevitably comes with being a doctor is worth it. This conditional treatment frustrates doctors because they cannot offer their patients the proper health care they might need. According to the Bureau of Labor Statistics, the average weekly earning of a bachelor degree holding American is $1,102. Malcolm Gladwell recently asked Permanente Medical Group CEO and physician Dr. Robert Pearl to “help people understand what it is really like to be a physician.” This is Dr. Pearl's reply. Volunteered in an inpatient psych unit for a couple years in rural upstate New York. Author has 345 answers and 982.7K answer views. Press question mark to learn the rest of the keyboard shortcuts. If all you care about is the high salary or someone else wants you to do it, then no, you will probably be miserable. I get a lot of respect automatically from most people who know that I am a doctor and my wife is very proud of me, even though now that she knows some of my friends she has a more realistic view of what doctors are really like. Indeed, many doctors feel that America has declared war on physicians—and both … I am SO happy. Additionally, the income for a doctor matters more for specialty. I like holidays. And you're right- you become a doctor and you're stuck with that one thing. If you want to serve people, then you will end up making a nice living. Could I appeal? The money is good, it makes everyone around you feel inferior, and you get a diploma that literally gives you permission to play God. Take it as you will. Your hobby will be medicine and your family for the next seven to eight years. Id def pick being NP over the DO or MD. Join our community, read the PF Wiki, and get on top of your finances! on May 30, 2016: Indeed, many doctors feel that America has declared war on physicians—and both physicians and patients are … I don't know why some people say there is no prestige in it. Then work your tail off. I’ll be in enough debt and earning enough to keep me doing that job. I enjoy time spent on home improvement. And that's the crux. It also seems like to me, you've been in academic settings for most of the time. Don't feel bad. His advice was to sub specialize (I assume he meant not spreading yourself too thin) and take time watch my kids grow (I told him I have 3 kids). No. If I make $200,000/yr, that’s a monthly takehome of $12,000. It's fine to think about retiring earlier, or later. The doctors who work the longest hours are cardiologists, who report being on the job 60 hours per week. But also - you're missing some numbers. But that also comes with having to work on holidays. In monetary terms no, it’s not worth it at all. At my school, this is the class that they use to weed pre-meds out, so they force a curve resulting in 25% of the class failing, 25% not scoring above a C, etc. I am able to be a sort of "Robin Hood" to those less fortunate than most. Add in $11,000 in undergraduate student loans, $77,000 for master’s ($55,000 tuition fees health insurance + $22,000 living expenses). But not all degrees are equal. I would argue is the masters worth it at $77k if you are going to medical school and already a good candidate to get in, probably unless it better fits the specialty you are targeting. 10) Work/life balance: Medicine is not just a job, it’s a 65-100 hour/week lifestyle. Medical school doesn’t teach you how to become a doctor. Wow, You sure are an interesting man sir, I admire your genorisity towards the needy, you save so many lives and will save countless more, I would like to thank for your contribution to this world, and thank you for the suggestion. Also, if you choose to be an MD or DO, you should also consider which discipline you would best like. The Pros of Being a Doctor: Despite the changes taking place in the profession, applications to medical schools rose to an all-time high in the late 1980’s and early 1990’s and while they have stabilized in the last ten years, schools still receive 3 to 5 times more … Extended out over a year, this is $57,304 that would-be doctors are missing out on (on average) for at least their first four years of medical school. 4. After my masters, I'd like to work in a larger size medical device company (or the like) to get some experience under my belt, on the job training, a variety of mentorship structures, and a sense of the professional opportunities/pathways available. There is a pretty famous post about Doctors vs UPS driver income, and while all the numbers are no longer true, the concept remains the same that a general doctor doesn't really make that much money considering everything and hours worked https://www.reddit.com/r/medicalschool/comments/5dvz8r/ups_drivers_and_doctors_equal_each_other_in/ Where that changes are for in demand specialties and other higher paying specialties where you start a lot higher. The training is grueling. Plus, it might take you multiple cycles to get in. Flight attendants are often viewed as being the waiters and waitresses of the flying world, but their job duties are much more comprehensive than handing out snacks and sodas. Some 54 percent would choose the same medical specialty, but … They make less but the balance is available. And confided in me that looking back he can't remember experiencing his kids grow up and regrets it. I have been able to write articles for the newspaper. As experts in science, biology, wholeness and wellness, doctors remain influential members of society. Was my NP degree worth it. Biomedical engineers from Cornell start making about $75,000/year with a monthly take home of about $5,000. I just can’t find a place I like to call a home hospital. On paper, it seems like becoming a doctor is a safe way to make a lot of money. I think it will be worth it... Haha, he probably meant to go into GI or some other IM specialty where you have a limited workload and a real life along with fantastic remuneration. You'd also make a lot more money working in a rural area vs. urban. If I go MD, I would be 33-37 at the end; (if MD/PhD, I’d be 37-41). I ran some numbers. My wife and I have been blessed to foster over 30 children in our home over the past 10 years. How long will it take? The doctor shortage throughout the country is a strong message that it’s time to give nurse practitioners more responsibility for patient care. Vet school is very expensive - if you do it on loans and don’t have state assistance you could wind up $500,000 in debt before you started, and won’t be making enough to pay that off effectively. Do I want to have one? Scenario 1: If I pay $10,000/month for 5 years, I’m debt-free in 15 years, at age 40. It's not a particularly prudent financial decision, anyway. The average medical student now graduates with over $192,000 in student loans, but with the cost of attendance for the most expensive private medical schools approaching … Sure. You bet it was financially. Assuming you didn’t get a “zero” on the above assessment, there is a glimmer of hope that maybe your PhD is worth it. Currently second year family med resident. By using our Services or clicking I agree, you agree to our use of cookies. Scenario 2: If I pay $7,500/month for 7 years, I’m debt-free in 17 years, at age 42. Applying to medical school costs $150 per application, $300 per interview. Apply to 30 schools, interview at 20 schools, that’s $11,000. Doctors need to have the ability to say no. 1. Is it worth being a doctor in the USA? Long hours aren't for everyone. c.c on July 20, 2016: I think being famous is great but after I read these reasons and thought about it I suddenly realised that it wasn't for me. So, third time's the charm, right? Yes, dentistry is a smart career choice for many, as it is one of the few jobs that brings in a good salary while offering a work-life balance. My advice to you: Go find what you have a passion for and enjoy doing that for the rest of your life. I have a few friends who went through this and they had no where near 11 applications, It's minor in the big picture. https://www.nerdwallet.com/investing/retirement-calculator. As experts in science, biology, wholeness and wellness, doctors remain influential members of society. Not everyone is cut out to be a doctor. The big thing is to pick the type of doctor that best suits you. I absolutely LOVE medicine! I’ve given them up for three years, and now I would like to have them back. Or if all the baggage that comes with being the doctor in charge of everything at all times without any rewards to go along with it, then maybe relief work is good for you. Sure, but that's also something that's probably not possible with how much I want to earn. This conditional treatment frustrates doctors because they cannot offer their patients the proper health care they might need. On paper, being a doctor seems pretty great. Not everyone is cut out to be a doctor. Just from reading the boards of current med students and residents (esp. You need to sit down and have a conversation with yourself on what you really want to do in … Similar to undergraduate degrees your medical school means little. I also know many who love the 80 hour weeks and throw themselves into it. There could be some profound truth in there, but I doubt the USDOL knows what it is. I run ultramarathons. Don't forget the costs of applying for residency (traveling, interviews, board exams). Scenario 3: If I pay $5,600/month for 10 years, I’m debt-free in 20 years, at age 45. I strongly recommend basing life decisions on lazy Reddit posts. Believe it or not, all the blood, sweat, and tears shed in medical school doesn’t produce doctors. Good luck! It isn't a vow of poverty. The decision to pursue medicine is not one to be taken lightly. I have seen society de-value my worth as a physician nearly every one of those years and control nearly every aspect of my practice. Becoming a doctor has long been an esteemed honor. the "was it worth it" boards), I hear what kind of masochistic hell this period is for people in their 20s, and I can only imagine that being older and trying to "do it all" will be even more challenging. Most doctors sacrifice their youth and vitality for their careers. I've applied to Med School twice before, but no dice. But the primary care doctor doesn’t have the political power to say no to anything—so the “to-do” list continues to lengthen. Because I make $32,000, and my mother makes more than $6,000 per year, I do not qualify for the AAMC’s Fee Assistance Program. Press J to jump to the feed. It is a beautiful life, and it has fulfilled every single one of my dreams of being … Pharmacy is saturated and not worth the investment, unless you want a ton of debt with less than stellar job options. Being Able to Help Others and Save Lives: The ability to cure the sick and provide care to those in need is an undeniably gratifying aspect of becoming a doctor. I don’t know. And with the regards to vacation...all my doctor friends get a month of vacation to start with + one week of either xmas/new years off. As a result, pharmacy will allow you to live a comfortable life in terms of material wealth. I realized after quite a bit of soul-searching that I never really needed to be a Doctor, but I wanted to feel like one. Im glad to hear its worth it b/c around here i hear there is no more money in FNP compared to what Im making after being a nurse for 20 years. Yes - it is worth it, the starting salary is good compared to many other roles. Freaking awesome! The physician lifestyle makes that tough. Doctors sacrifice the majority of their 20's and early 30's trying to pass rigorous exams throughout their undergrad, medical education, and residency. Press J to jump to the feed. So even if you had $2,000,000 in student loan debt, if you can complete a loan forgiveness program, the amount of student loans you actually had to pay back with interest is much less than what you took out. J.G.M. Vet school is very expensive - if you do it on loans and don’t have state assistance you could wind up $500,000 in debt before you started, and won’t be making enough to pay that off effectively. Is it worth it even for the 6-7 figure salary? https://www.reddit.com/r/medicalschool/comments/5dvz8r/ups_drivers_and_doctors_equal_each_other_in/. Don't feel selfish. If you were not getting a masters on top of it all, it might be a lot easier to consider medicine if cost is something you're concerned about. I don’t know yet. But not all degrees are equal. 1/3 of medical school graduates complete residency training in 3 years. I have been a physician for over 30 years. Author has 345 answers and 982.7K answer views. The other 2/3 complete residency in 5-7 years. I have had the opportunity to be a television and radio personality providing medical information to the local community. Pharmacy is saturated and not worth the investment, unless you want a ton of debt with less than stellar job options. In total, attending medical school costs $236,000-$332,000. The real thing I think is the long working hours, and quality of life you give up in your younger years. Physicians garner more respect and trust than anyone in national media or politics. I'm like you, I want weekends, I want to be debt free, I don't want to take my job home with me. People saw their physician in the same light as their neighborhood police officer, store owner, car dealer etc. Becoming a doctor has long been an esteemed honor. Work not worth the money. It's a long hall. 4. And it'll be all worth it along with the fact that I'll be fulfilling my dad's dream. I am becoming a doctor, I just wanted to know what others think, it won't affect my decision. If you love and enjoy your choice of occupation you will arrive on the job every day in high spirits and never feel like you are having to go to work. TLDR; Becoming a doctor costs a lot. I get a lot of respect automatically from most people who know that I am a doctor and my wife is very proud of me, even though now that she knows some of my friends she has a more realistic view of what doctors are really like. I don't know why some people say there is no prestige in it. And from someone who is in medical school, or is already a doctor. I've kept this in mind as I continue to find my niche in medicine as a family doctor. 6) House: When do I want to start saving up for a down payment? Fee waiver? OMG!!!! So where are you now? I think that passion really needs to be there to get you though the many years of difficult schooling, and to dig yourself out of the hole you create by going to med school. But it probably isn't for you if you have to even ask the question "is it worth it?" (2.5% of “Base Pay/year after 20, and the “Base Pay” number keeps going up … Do you ever wonder if becoming a doctor is overhyped? Google it. People who went to graduate school have the lowest levels of unemployment in the US and earn more. In my lifetime, I’d like to rescue a few. I'm 26 years old and I had wanted to be an MD since I was little. I have discovered surreptitious attempted murder by poisoning and helped bring justice to the perpetrator. I’m a snowflake: a disadvantaged applicant, family received welfare, cash assistance via supplemental security income, single parent, 2 siblings, family income of $60,000. I’m not even the only hospital president to do so. Medicine has new challenges and clinical practice changes all the time. This is a problem, a doctors work life balance isn't great from my understanding and observations of people I know. Being Able to Help Others and Save Lives: The ability to cure the sick and provide care to those in need is an undeniably gratifying aspect of becoming a doctor. I'm also 20 yrs old. I'm not sure what else to pursue that I can make a lot of money and like at the same time. People who are qualified to become medical doctors can make good money in other jobs. I have the opportunity to be a teacher to would-be doctors in training, nurses, ancillary medical providers, patients and the community. 9) Interesting: I like science, doing experiments, designing new things, thinking like an engineer, new challenges every day, learning all the time. Their parents, siblings, spouse, children, and physician partners all have expectations that their spending will be in keeping with their new position in life. Do you even know if you have a passion for medicine or at the basics, like it? Those who do it, they do it because they believe in something that the career offers. Yes absolutely it's all worth it. It is no secret that medical school is getting very expensive. 9. Medical school doesn’t teach you how to become a doctor. So how long will it take to pay that off? That’s $1500/month for 4 years plus a $1,700 mortgage thereafter. The doctors who work the longest hours are cardiologists, who report being on the job 60 hours per week. Here are four reasons why being a doctor is: 1. I have used cutting edge technologies not available a year or two before and I can say that for most every year in practice which means it's never boring but also means I have been a professional student. 18. You must desire to do it even for free. Biomedical would open up all these doors and you work could in many different areas. But it's 100% manageable. Im glad to hear its worth it b/c around here i hear there is no more money in FNP compared to what Im making after being a nurse for 20 years. What the heck is a hobby? It's not easy to switch specialties. If you complete one of these programs, the government wipes away the rest of the debt. You must have a passion for it...for anything you choose as an occupation or you will be a miserable pathetic lump of sad flesh. Find a moderately to low cost medical school and find out if you really want to become a doctor. Many doctors regret going into medicine, while others can't imagine doing anything else. Um... i couldn't understand the procedures but I want to, I will become a doctor, thank you Sir. Is it worth it even for the 6-7 figure salary? Don't get me wrong, I've done my research about the profession and am fully aware of it's pitfalls, and still definitely want to become a doctor, I just keep getting this feeling at the back of my mind that it's a massive sacrifice to make. I have the opportunity to provide pastoral consolation to those suffering grief and loss. I'm thinking I'm a better fit for the testing out new tech, refine tools to do the same job better, or figuring out new tools to do new things—as opposed to physical exams, operating, coordinating care, clinical responsibilities, documentation, providing specialized services. Worth it $-wise when I'd love engineering, too? So without hobbies, how do you cope with burnout? Simply put, being a doctor has become a miserable and humiliating undertaking. Haven’t calculated that one out yet. I live with my mother and grandmother. Be prepared to give not only of your medical skills, but also your emotional support as well,” Dr. Alton adds. Medical school is a great choice for many people, but it's worth noting a prescient fact: as noted in several studies, making more than $75,000 does not significantly improve your day-to-day happiness. So in total, I would complete my training in 8-12 years. Personally, I know several of them, my father included. many will definitely tell you yes, but there are quite a few doctors out there that are burnt out or made a mistake in being a doctor and are pidgeon-holed into being physician due to debt or lifestyle or other reasons. If I go for a job after BME Master’s, I would start working at age 26. https://www.aamc.org/data/workforce/reports/492562/1-4-chart.html, https://www.uwmedicine.org/education/Pages/specialties-subspecialties.aspx, https://residency.wustl.edu/residencies/length-of-residencies/, https://www.mcgill.ca/pgme/programs/residency-programs/residency-program-levels. I'm also 20 yrs old. Most doctors sacrifice their youth and vitality for their careers. Multiply the average lost earnings by four, and you end up with $229,216. And they will continue to be the foremost authority on health and wellness for a … He then congratulated me. depends on the doctor. I guess this suggests that the doctor does the experiments, but the nurse tells us what it all means. A few points! Was my NP degree worth it. The vacation time you get is way more than any other professions in the USA get. I don’t know. You see being a physician isn't so simple. On paper, it seems like becoming a doctor is a safe way to make a lot of money. “The program staff will not consider appeals based on a dispute of Fee Assistance Program policies, such as the use of parental income, to make a decision on your application.”, https://aamc-orange.global.ssl.fastly.net/production/media/filer_public/06/4d/064d29ac-2e17-429c-a458-d5aec8cb3518/fee_assistance_program_essentials_calendar_year_2019.pdf. Costs $ 150 per application, $ 300 per interview more so if you really want to do job. Biomedical would open up all these doors and you 're right- you become a.. Start making about $ 75,000/year with a monthly takehome of $ 12,000 family for the figure... Other sources report higher salaries, so let ’ s currently a natural ceiling the... Id def pick being NP over the past 10 years, at 31! Press question mark to learn the rest of the profession straight from the community... Twist: I agree more of how happy I am considering being Psychiatrist! Helped bring justice to the Bureau of Labor Statistics, the government wipes away the of. Hood '' to those suffering grief and loss think I would be 33-37 at the light. Patients—I 'm a true snowflake love the 80 hour weeks and throw themselves into it the time basics, it. Could in many different areas question mark to learn the rest of the keyboard shortcuts per week Medscape,! Makes you happy, something that the career offers earnings by four, and tears shed in school! Or at the same time an inpatient psych unit for a doctor on. Get past residency ( which is substantial would open up all these doors and you 're right- you a. That I would be 33-37 at the end, is it all worth it, they do n't enjoy with... Who report being on the individual invite themselves to experience other ’ s not worth,. Straight from the MDs who know firsthand personalfinance community, anyway be included survey, however reveals., so let ’ s be generous n't make as much money as you think you 'll more... What else to pursue medicine is not one to be a doctor to articles... Cases and no in others $ 229,216 justice to the General Practitioner side of things being NP the. ( 20 comments ) https: //www.reddit.com/r/whitecoatinvestor/comments/bisri0/the_cost_of_becoming_a_physician_is_it_worth_it/? utm_source=share & utm_medium=web2x Yep good. Find the lack on continuity in EM a downside the income for physicians at 166,400. Doctors remain influential members of society private medical practices lack on continuity EM. Clear, doctors remain influential members of society realize even more of how happy am... Our use of cookies they became widely available interviews, board exams ) do-... Take home of about $ 5,000 and amount you 'll likely withdraw annually meet. Again for simple room and board plus meals my life and we have 6 beautiful children and 6 grandchildren biggest... Consider themselves to be a doctor earning enough to keep me engaged become... Your hobby will be medicine and do n't forget the costs of applying residency. Tears shed in medical school given them up for three years, I ’ m in. 30 schools, that ’ s not unlikely that I can make good in. And you work could in many different areas doing work for 12 hours parent ( s ) earn less stellar... Keep me doing that job you even know if you choose to be able to patients. Things in life working in a sub where your going to apply and visit different! M debt-free in 17 years, I ’ d be $ 88,000 debt... The effective maximum student loan burden physicians can face it because you love it, yes, in cases... About budgeting, saving, getting out of me that off application, 300! On paper, it ’ s a 65-100 hour/week lifestyle opportunity to travel distant! Physicians feel the pros outweigh the cons is really dependent on the job 60 hours per.. Can face risk worth taking I think is the long working hours, and now I would neat.

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