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Started By
Message
re: Medical School Expenses
Posted on 7/14/25 at 7:13 pm to TigerMan327
Posted on 7/14/25 at 7:13 pm to TigerMan327
Yeah don’t do PA unless that is your terminus.
PA schools are highly competitive as well. While this is not the norm, I know one student who was denied at both of Mississippis PA programs but accepted to med school at South Alabama.
PA schools are highly competitive as well. While this is not the norm, I know one student who was denied at both of Mississippis PA programs but accepted to med school at South Alabama.
0
Posted on 7/14/25 at 7:31 pm to TigerMan327
It’s a different age. The life of a physician is nothing like it was 40 years ago.
You end up working for big healthcare in todays world.
You are a clerk documenting things in a computer.
Life is short.
If you have talent, get a job with stock options and a golden parachute.
The lost decade of med school and internship/residency/fellowship training is real.
I made a nice living, but there are easier ways to make a living.
You can only help people if the insurance says you can. You will work on the computer after hours with no compensation. Meanwhile the healthcare administrators will make their bonuses off your back while playing 54 holes a week.
You end up working for big healthcare in todays world.
You are a clerk documenting things in a computer.
Life is short.
If you have talent, get a job with stock options and a golden parachute.
The lost decade of med school and internship/residency/fellowship training is real.
I made a nice living, but there are easier ways to make a living.
You can only help people if the insurance says you can. You will work on the computer after hours with no compensation. Meanwhile the healthcare administrators will make their bonuses off your back while playing 54 holes a week.
Posted on 7/14/25 at 7:33 pm to tiger rag 93
quote:
So if he has interest in a competitive speciality or fellowshop, he will be at the mercy of the needs of his branch, and will likely end up owing more time.
The military has down sized the medical department significantly.
Probably have to do a general medical officer year or flight surgeon.
Recruiters are famous for telling people what they want to hear. Caveat emptor.
Posted on 7/14/25 at 7:37 pm to makersmark1
Just out of curiosity. Will the military pay for med school and the residencies and all the other things you need to be an M.D. and how long would you be committed to serve?
Posted on 7/14/25 at 7:49 pm to bigjoe1
quote:
Will the military pay for med school and the residencies and all the other things you need to be an M.D. and how long would you be committed to serve?
Yes for medical school. You get paid in residency. The service obligation is one year of active duty for each year of scholarship participation.
Posted on 7/14/25 at 7:52 pm to MrSpock
That actually sounds like a pretty decent deal.
Posted on 7/14/25 at 7:58 pm to bigjoe1
I did college ROTC and HPSP med school, so I owed 8 years total from those.
The internship/residency was another 5 years.
For me, it was fine.
I ended up making it a career.
I later had my own practice for several years, then finished up working for a hospital system.
It was good for me, but I have friends who work around medicine that make bank. I made a nice living, but there were no stock options or mega bonuses.
Good luck to all who really want to be physicians. I’m just saying that it is not all sunshine and lollipops. The electronic medical record is not for patients or doctors. It’s for payers and lawyers.
Insurance companies determine what care patients get.
It is what it is.
I did enjoy the basics of it. Helping people. Teaching patients, students, residents, etc.
I loathe the EMR.
Did I say how much I hated the computer entry clerk work?
The internship/residency was another 5 years.
For me, it was fine.
I ended up making it a career.
I later had my own practice for several years, then finished up working for a hospital system.
It was good for me, but I have friends who work around medicine that make bank. I made a nice living, but there were no stock options or mega bonuses.
Good luck to all who really want to be physicians. I’m just saying that it is not all sunshine and lollipops. The electronic medical record is not for patients or doctors. It’s for payers and lawyers.
Insurance companies determine what care patients get.
It is what it is.
I did enjoy the basics of it. Helping people. Teaching patients, students, residents, etc.
I loathe the EMR.
Did I say how much I hated the computer entry clerk work?
Posted on 7/14/25 at 8:06 pm to meAnon
quote:Obviously it depends on the school. The object is not getting into a phenomenal med school. Serviceability is fine ITR. Lean heavily on lesser expensive options there. The object is getting into a phenomenal residency out of med school. You can absolutely get there vis-a-vis a state school.
All I've ever heard is how expensive med school is - looking at tuition alone (not including living expenses) for 4 years is going to run around 140-150K. Does that sound right?
Just an FYI regarding costs though, the Health Professions (Military) Scholarship Program ( HPSP) pays for med school (books/tuition) + a monthly stipend (Now at ~$2800/mo for 10.5 mos/yr). In exchange he will owe 4yrs to the military branch he signs up with for his 4yrs of Med School .... Seems to be a recurring theme in this thread, but it's a good debt avoidance route.
To each his own. But that is the route I went with (nowhere near $2800/mo though
). Ended up as a Dept Chair and Consultant to the Surgeon General in the USAF, which made for great experience and impressive CV additions when I separated and transitioned to private practice.This post was edited on 7/14/25 at 8:25 pm
Posted on 7/14/25 at 8:19 pm to makersmark1
quote:
The life of a physician is nothing like it was 40 years ago.
I have so many doctors as clients that regret going to medical school
Posted on 7/14/25 at 8:30 pm to TheOcean
quote:That's a shame, but speaks volumes. I'd not trade my career for much I can imagine, but the times they are a-changin'.
I have so many doctors as clients that regret going to medical school
Posted on 7/14/25 at 8:34 pm to TigerMan327
quote:
Freshman year is a doctor killer. Be ware!!
Maybe because people party and don’t show up for class. Organic chemistry/biochemistry is the real classes that “culls the herd” imho.
Posted on 7/14/25 at 8:44 pm to NC_Tigah
quote:
and transitioned to private practice.
Private practice doesn’t really exist these days except in smaller towns. If the local/regional hospital system hasn’t bought the group already, then private equity has bought the specialty group. Exceptions include concierge type medicine. Smaller cities/towns still have doctors making bank, but larger cities have doctor salaries dictated by Medicare reimbursements (converted to RVU’s) +/- a component of “patient satisfaction” for a portion of a bonus….don’t get me started about that.
Posted on 7/14/25 at 8:45 pm to TheOcean
quote:
have so many doctors as clients that regret going to medical school
I’m glad I did it, but times have changed so much.
It’s a different world now.
Posted on 7/14/25 at 9:26 pm to Ric Flair
quote:
Private practice doesn’t really exist these days except in smaller towns.
That’s not necessarily true.
Posted on 7/14/25 at 9:52 pm to GeauxTigers123
quote:
Private practice doesn’t really exist these days except in smaller towns.
That’s not necessarily true.
Yeah, but it's way harder to start a new practice now due to the overwhelming costs. Doctors can't just go get a multimillion dollar loan because they are doctors. A nice income is no longer a given. Practices are failing left and right.
Posted on 7/15/25 at 6:10 am to Ric Flair
quote:That's not necessarily true. There are still opportunities. But Obamacare ownership rules on top of Stark Laws have done a hell of a lot of damage.
and transitioned to private practice.
---
Private practice doesn’t really exist these days except in smaller towns.
I started out co-founding a relatively small practice. We grew it by multiples through M&A. Saw the writing on the wall during Obama2, and sold to a medical acquisition firm. It was a good deal. You're right though. It would be more difficult to pull that off today.
quote:Yep.
doctor salaries dictated by Medicare reimbursements (converted to RVU’s) +/- a component of “patient satisfaction” for a portion of a bonus….don’t get me started about that.
Posted on 7/15/25 at 10:09 am to meAnon
Isht has no business being that expensive.
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