All of my in laws had 150-200k of loans when they finished med school. All of them except 1 (he's only 1 year out of fellowship) paid them off within 2 years. That last one will probably pay them off this year, he's making 400k...
$150k starting for a pediatrician is actually pretty good. Primary care gets shit on hard.
Wait a minute, beats out Cecil the Lion? That fucking lion was a year or more from death, who gives a flying fuck? It was 13 years old for fucks sake.
Your family is a pretty huge outlier when it comes to this stuff. I mean, you made it as a lawyer despite law being on average one of the worst career paths there is right now. Unless you graduate from a top school or have perfect grades you're about as employable as a gender studies major, but with a lot more debt.
Definitely think they should just shut down the bottom 150 law schools. They just suck money from people who probably won't be lawyers anyway.
Press Release: 2015 Residency Match Largest on Record with More Than 41,000 Applicants Vying for Over 30,000 Residency Positions in 4,756 Programs |
90% match rate * 80% graduation rate = 72% chance of actually being able to practice for someone that entered medical school 4-6 years ago. For people that enter today, it's lower because the match rate is expected to decline. Most residency positions are funded by Medicare, and this funding has been fixed since something like the '90s. So 4-6 years from now it will be lower.
