Resident Salary
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Interesting forum thread.
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The meal allowance, health insurance (I imagine it’s pretty much free health care?), book allowance, and commuter assistance represents a pretty significant bump to the value of those salaries, though.
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@jon-nyc said in Resident Salary:
What’s the expected lifetime earning difference between a CAA and a Dr of Anesthesiology? I’d imagine it’s pretty significant.
Yeah, but most residents aren't going to become Dr's of Anesthesiology.
Mrs. Phibes best friend from school, massively hard-working, dedicated, very bright - went to college hell-bent on becoming a specialist. Then real life happened, and she ended up as a GP, which she always said was never going to happen. Not bad money, but not spectacular, either, and from what I can tell pretty stressful.
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@jon-nyc said in Resident Salary:
What’s the expected lifetime earning difference between a CAA and a Dr of Anesthesiology? I’d imagine it’s pretty significant.
There’s a lot more to it than that, including timing of earnings…
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@Jolly said in Resident Salary:
The doctor my wife worked for, did what many physicians have done...He did a hitch in the USAF. Others go Navy, Army or Public Health.
That is a good idea. A friend (many times removed) did this. I think he was required to be in the Marine for 8 (or 10) years, but had all education paid in including medical school, and he got a lot of experience
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We had a guy in our residency program whose medical school tuition was paid for by the USAF. Somehow, he was able to wrangle a deal so that he could finish his residency before repaying the "debt." He owed them one year for each year of school they covered.
He went in as a captain, an MD anesthesiologist, and left as a major. He returned to work with us for about 10 years, iirc.
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Luke has given thought to the military route. If he changes his mind it will likely be the route he goes.
For him, I think what swayed him to the path he is on is mostly the time… Another 4 years of intensive schooling (60 hours of studying per week), followed by another 3-4 years in residency (70-80 hour weeks), then starting his career and looking at 60 hour weeks of which the first few years will be dedicated to paying back a house worth of debt or is owed to Uncle Sam… For Luke, that heavy of a schedule just doesn’t match up with the other things that he wants in life in his 20s…