windywave wrote:
j p o wrote:
windywave wrote:
fierceSun wrote:
JSA wrote:
fierceSun wrote:
JSA wrote:
fierceSun wrote:
Slowman wrote:
Morelock wrote:
A healthcare system that worksbut we can't cram the price of doctors and hospitals down any more than now.
Averaging 294K a year, ones I know with benefits, 6 weeks vacation and working 4 days a week. Not to mention paid vacations to hawaii for "conferences" that are not part of that vacation? Not exactly "crammed" down.
According to salary.com, generalist make $149-247k/year. Average medical school debt is $196k (median is $210k).
Imagine trying to buy your first home on $150k annual salary with $200k of debt.
So with an average $2212/month payment on the loan, thats $26.5k a year, so still starting with $123.5k a year and going up from there.
$150 annual salary. Thats about $103k take home. Subtract $26k a year for loans, that's $77k/year. Went to school for 8 years, so, you are "behind" in your retirement savings. You also had your residency, which set you further behind. Need to catch up. You had virtually no income during your med school and your residency, so, you likely have a shit ton of credit card debt.
Not really any margin there to cram down any further.
I agree the guy at the bottom end of the totem pole doesn't need to go down (but even some of these guys will work at a hospital for a few years at which point the hospital pays off the student debt)
Where is this hospital?
Defiance, OH. That is exactly the deal my niece signed. 5 year contract, by the end the hospital will have paid off her entire student loan debt.
What's her specialty? What is her salary for what schedule?
Family practice. Not what she intended when she started but didn't match on OB, found out that family practice was highly sought after, especially in rural areas. And since she wanted to live in a small town it was even better. She's between 150 and 200 to start but closer to 200 I believe, not sure of exact number because it is really rude to ask someone what they make. So regular office hours, one weekend a month.
I'm beginning to think that we are much more fucked than I thought.