Hellow guys, Welcome to my website, and you are watching $200,000 MD/DO | is becoming a DOCTOR FINANCIALLY WORTH IT?. and this vIdeo is uploaded by Amanda S. Xi, MD at 2021-02-24T10:00:08-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | $200,000 MD/DO | is becoming a DOCTOR FINANCIALLY WORTH IT? |
| Video Uploader | Video From Amanda S. Xi, MD |
| Upload Date | This Video Uploaded At 24-02-2021 18:00:08 |
| Video Discription | It's really expensive to become a doctor, both in TIME invested and ACTUAL DOLLARS in cost. Medical school tuition ranges from $30k-$70k/YEAR and loans are usually taken out at a 5-7% compounding interest rate. This leads to ~$200k in DEBT at graduation... that you STILL cannot pay off during residency because the stipend really isn't a lot. In this video, I go over a spreadsheet I make comparing net worth between an engineer and doctor (specifically an anesthesiologist and an internist in BOSTON). I graduated with my engineering degree so it's not unreasonable of a comparison. Here's the spreadsheet to follow along: http://bit.ly/doctorfinances I also discuss this in my blog entry: https://blog.amandaxi.com/2021/02/24/is-becoming-a-doctor-worth-it-financially/ A couple notes: - my $170k average debt number is a bit outdated; we're closer to $200k now on average - I used a low estimate for the interest accrued on loans - in my assumption, I make the people super frugal, so they save a lot of $$$... maybe not as realistic P.S. The perfectionist side of me was driven nuts by a couple little imperfections in this video, but I'm trying to just move on from this attitude so I can keep making good content [while, you know, working full-time as an ICU doctor/anesthesiologist]. CONNECT WITH ME: Blog: https://blog.amandaxi.com Instagram: https://instagram.com/amandasximd Facebook: https://facebook.com/amandasximd My essentials for being productive: https://www.amazon.com/shop/amandaeleven Graphics created with Canva: https://fave.co/3oUtdgg DISCLAIMER: I never record videos during active patient care. Opinions in my videos are mine and not representative of the organizations I am part of. Videos are meant for education and are not medical advice. Links included in this description may be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel! |
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