Is medical school worth it?

Login or register to post comments Last Post 8350 reads   27 posts
Viewing 7 posts - 21 through 27 (of 27 total)
  • Sat, Nov 20, 2010 - 07:52pm

    #21
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

BMCreider,

I am a urologist and have been in practice for 4 years.  This is after 4 years of medical school, 6 years of residency, and 1 year of fellowship (according to sosMsos, this would be an 11 year education in fraud).  I can tell you now that the waters in medicine are pretty choppy.  Many of the family physicians I know now are having a really difficult time keeping their heads above water.  Most have given up their private practices and are now employees of hospitals or a hospital system.  The nearest medical school to me is Albany Medical Center in NY.  I spoke to one of the medical students recently, and he told me that his tuition is $50,000 per year.  Im not sure what the state medical schools are costing now.

To break even in my urology group, each doc has to pull in over $30,000 per month.  While we are doing ok at this juncture, as reimbursement cuts proceed, its going to get harder and harder to meet the bottom line.  Hard to know exactly what the return on investment will be, but if your girlfriend goes to a private medical school, she needs to seriously consider how she’ll pay off her debts.  maybe hyperinflation will negate her debts, but I wouldn’t bank on it.

From my perspective, modern medicine is from top to bottom and oil dependent field.  I tend to agree with Nicole Foss, who believes that once we hit the downslope of peak oil, modern medicine will be largely unavailable.  

If your girlfriend goes to medical school, make it a state sponsored school so she won’t accrue so much debt.  I would encourage hear to really focus on training that would give her a lot of hands on experience such learning some surgical skills like lancing abscesses, delivering babies, set fractures, and certainly learning some alternative medicine.  Due to todays medical legal climate, many general practitioners and their training programs are very limited in what they are allowed to do.  

Maybe before embarking on medical school, she can take a year off and work on some type of permaculture farm.  (ie go volunteer to work for that Will Allen).  Having the knowledge, ability, and skills to grow food may be more important than knowing how to practice medicine

Best of luck

Brian

 

  • Sat, Nov 20, 2010 - 11:40pm

    #22
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

Well, dental was a choice I was thinking about making because of the collapse.  Clearly, it’s a great skill to have a in a post-peak world.  My first choice was higher academics in the humanities, but there’s no future in that, and there never was any money.  With dentistry, I thought I could become admitted to a well-fortified community if TSHTF.  If it does not HTF, then I could make a lot of money and actually help people.  A third choice was an MBA, which would involve less debt, and less time, but would have no post-collapse value, and even without a collapse, the morality of making money by buying and selling pieces of paper is something I question, although former classmates of mine have gotten rich from it. and I have the test score to get into a good school.

Guy McPherson is anticipating a dieoff this decade, and I agree, so I’m apprehensive about any kind of school.  OTOH I don’t have the cash to even begin making the preparation Martenson recommends. 

 

  • Sun, Nov 21, 2010 - 06:42am

    #23
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

I appreciate all the replies thus far,

So does she ;).

 

Are there better avenues to take that pay off now but teach skills applicable to the future? (Veterinarian was mentioned, for example)

Or is going into a declining field of general practice the best option at this point, with the application process already finished? (Should she settle for RN instead? That’s one idea – a bit late, but oh well)

  • Sun, Nov 21, 2010 - 01:27pm

    #24
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

bmcreider

she may consider PA school.  It is a much shorter pathway to getting good clinical experience without being tied down for so long.  

Brian

  • Sun, Nov 21, 2010 - 03:03pm

    #25
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

  If you are called to be a healer my advice is to  learn the Identifying  and Harvesting of Medicinal plants and get the education of EMT and the basics   .      What ever you decide  your beliefs are going to be questioned …. Am I doing this to truly help people ? Am I doing this for the money ?Do I  Truly believe what I have been taught and the way things are run ?    Am I really going to be allowed to help people or will there be too much Govt. red tape ? Am I really doing these people good ?       You have soul searching to do ….     Healing is not a career decision …  it is a calling .   You know what I mean ? It  should be one of  the deepest convictions you have  not to be taken lightly .. as do I have enough time  or money .

FM

 

  • Wed, Dec 01, 2010 - 12:48pm

    #26
    Peak Prosperity Admin

    Peak Prosperity Admin

    Status Bronze Member (Offline)

    Joined: Oct 31 2017

    Posts: 1616

    count placeholder

    Re: Is medical school worth it?

Hi; Excellent post for me. Your post has good quality. I wish to has good posts like yours in my blog e okul. How do you write these posts?

  • Tue, Sep 16, 2014 - 05:04am

    #27
    MelissaMunroe

    MelissaMunroe

    Status Member (Offline)

    Joined: Sep 16 2014

    Posts: 1

    count placeholder

    Re:

Not many people have the opportunity to get into medical school so if your girlfriend has gotten into one, she is lucky. You should definitely ask her to pursue a medical degree; if afterwards she does not want to be a practicing doctor, she can also become a clinical research associate or a medical writer. You can learn a bit about medical writing and editing from http://www.researchmedics.com/research-purposal-editing/
 

Viewing 7 posts - 21 through 27 (of 27 total)

Login or Register to post comments