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  #31  
Old 12-28-2009, 01:40 PM
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Plenty of experienced docs make a mid-six figure income, but a new doc is probably closer the low-six figures. That's not bad, but I know plenty of folks with less responsibility who make more. Being a doc is a tough way to earn a living; if you're just in it for the money, do something else.
If you can, I would recommend specialization. That is why the wife went to be an NP instead of an MD. At her age, there is no way she can make the money back to pay for the education, lost wages and what not without specialization. By the time she specializes and builds up a practice, it will be time to retire or she would have to work into her 80s to make the money back. Medicine is a young man's game.

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  #32  
Old 12-28-2009, 01:41 PM
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If that's what she wants, what's the problem? I've spent a lot more than $60K on stuff with less return in my lifetime. You don't want to know how many $1000s I've spent for things like music lessons and instruments for my kids, I doubt they will ever earn a dime in that field. Whatever makes you happy.
That's your money though. I doubt that his sister is in the same boat. If she is spending her inheritance, go for it. If she is on somebody's dime, that might be an issue.
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  #33  
Old 12-28-2009, 01:43 PM
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It shows me as an employer that you can commit to something and achieve it. That is something important to me. I would rather see that as opposed to somebody who has flights of fancy.
True, education is a significant advantage to earning a living; but it's not the only way. Anyone who's really motivated isn't going to have an employer very long anyway.

I was simply talking about the advantages of having some knowledge beyond our own experiences. We have no idea what our kids will be doing (or what part of the world they will be living in) in 30 or 40 years.
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  #34  
Old 12-28-2009, 01:47 PM
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Originally Posted by aklim View Post
If you can, I would recommend specialization. That is why the wife went to be an NP instead of an MD. At her age, there is no way she can make the money back to pay for the education, lost wages and what not without specialization. By the time she specializes and builds up a practice, it will be time to retire or she would have to work into her 80s to make the money back. Medicine is a young man's game.
Certainly, but there are plenty of ways to earn a decent income that do not require that much cost or commitment. I wouldn't recommend medicine to anyone who doesn't really want to do that job, regardless of the finances.

What is this "retire" that you speak of? Is that some type of punishment for living too long?
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  #35  
Old 12-28-2009, 02:27 PM
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Originally Posted by Craig View Post
True, education is a significant advantage to earning a living; but it's not the only way. Anyone who's really motivated isn't going to have an employer very long anyway.

I was simply talking about the advantages of having some knowledge beyond our own experiences. We have no idea what our kids will be doing (or what part of the world they will be living in) in 30 or 40 years.
Problem is, in this day and age, as an employer, I don't even want you around for a short time. I don't have to take a chance on you since there are so many who want a job. I'll take any edge I can.

My kids are dogs so I know what they will be doing in 30 or 40 years. As piles of ashes on the mantelpiece, reminding me of the good times we had.
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  #36  
Old 12-28-2009, 02:35 PM
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Certainly, but there are plenty of ways to earn a decent income that do not require that much cost or commitment. I wouldn't recommend medicine to anyone who doesn't really want to do that job, regardless of the finances.

What is this "retire" that you speak of? Is that some type of punishment for living too long?
I think the definition of work should be that you are there because you have to be and not because you want to be. When I go to a whorehouse, I am there because I want to have fun. As such, I pay for it. When I go to work, I am there because I have to and would rather not be there. Therefore, I get paid.

Pretty much. Something to look forward to as your useful years are over and done with and soon you are going to be at the mercy of somebody else because you are unable to take care of yourself.
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  #37  
Old 12-28-2009, 04:00 PM
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Originally Posted by okyoureabeast View Post
Rising loan and student credit rates are the reason why.

It's terrible and I don't agree with it. Dynalow, was the girl you talked to at Chad's GTG? Because I remember hearing about that. I think she was going to the University of Delaware.
Yep. She's the one. I'm pretty sure she was attending the school that her boyfriend, who will remain anonymous for the time being (to avoid possible embarrrasment) also attended.
I don't think it would be possible to rack up 100k in debt from UDEL, unless the tuition has climbed up a lot since 2004, my oldest's last year there. It was about 22k T&R&B per year for OOS students then, iirc. I don't know what the tuition there is today. Good school though. Good value, imo.
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  #38  
Old 12-28-2009, 04:32 PM
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I wouldn't recommend doing the community collage route unless it is necessary due to cost or grades. Community collage is not the same experience as a four-year college, and many students will lose a year due to transfer credits not being accepted. For some people it's the only way to able to obtain a degree, but it's not optimum.
Many 2-year community colleges, like our local one, are highly regarded and are every bit as tough as the big schools. Of course you have to do some additional footwork to make sure all your credits get transferred, and they have programs specifically geared to that goal. The reward is annual tuition that's 1/4 - 1/10 that of a full 4-year college, and thats money on your pocket. One of my kids is currently taking that route since he hosed up his first year being away at a real school, and making bad decisions.
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  #39  
Old 12-28-2009, 04:53 PM
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Originally Posted by aklim View Post
I think the definition of work should be that you are there because you have to be and not because you want to be. When I go to a whorehouse, I am there because I want to have fun. As such, I pay for it. When I go to work, I am there because I have to and would rather not be there. Therefore, I get paid.

Pretty much. Something to look forward to as your useful years are over and done with and soon you are going to be at the mercy of somebody else because you are unable to take care of yourself.
I spend too much time working to do something I don't enjoy. If I "would rather not be there" I would find something else to do. Getting paid is good too, but not enough motivation to do something I don't enjoy.

I really hope I never have to retire; I'm currently getting restless because I have a few weeks off. I'm already waiting to get back to work, I could never stop working permanently.
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  #40  
Old 12-28-2009, 04:57 PM
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Many 2-year community colleges, like our local one, are highly regarded and are every bit as tough as the big schools. Of course you have to do some additional footwork to make sure all your credits get transferred, and they have programs specifically geared to that goal. The reward is annual tuition that's 1/4 - 1/10 that of a full 4-year college, and thats money on your pocket. One of my kids is currently taking that route since he hosed up his first year being away at a real school, and making bad decisions.
I also have a kid going that route, but it is not my first choice. I would gladly pay the difference to have her go to a "real school" if circumstances were different.
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  #41  
Old 12-28-2009, 05:06 PM
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Originally Posted by raymr View Post
Many 2-year community colleges, like our local one, are highly regarded and are every bit as tough as the big schools. Of course you have to do some additional footwork to make sure all your credits get transferred, and they have programs specifically geared to that goal. The reward is annual tuition that's 1/4 - 1/10 that of a full 4-year college, and thats money on your pocket. One of my kids is currently taking that route since he hosed up his first year being away at a real school, and making bad decisions.
That's the way. Pedigree diploma at 50-60% of the full 4 year cost.
The alumni networks don't know or care if you went 2 or 4 years. Contacts and in-career networking opportunities are big school advantages often overlooked however. At least early in one's career.

How high up the big school pyramid you can get from a CC is another matter.
Probably not to Harvard or Ivy League caliber schools, but to go from local CC to U of MD. or Penn State (Univ Park). is still a home run.
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  #42  
Old 12-28-2009, 05:46 PM
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I spend too much time working to do something I don't enjoy. If I "would rather not be there" I would find something else to do. Getting paid is good too, but not enough motivation to do something I don't enjoy.

I really hope I never have to retire; I'm currently getting restless because I have a few weeks off. I'm already waiting to get back to work, I could never stop working permanently.
You are beginning to sound like my father. Stop scaring me. If his business failed, he has enough to sit back and play golf all day long. He has told me that even if it didn't make money, he'd be doing it unless it was running at a loss. Myself, I can't imagine a job where I would do it if there wasn't money in it. IOW, I am a whore. I sell a slice of my time for the job. As long as you got the money, honey, I got the time. That goes, I'm gone. Anything I have done, even for fun, if I had to make a living doing it, I doubt I would enjoy it. Even if I got a job as a porno star, it would be work once I had to "deliver the goods" on a schedule. Till then, it will be fun.
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  #43  
Old 12-28-2009, 06:40 PM
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College has gotton to expensive, its big business now. These private schools make a lot of money, heck just look at Yale. Yale is a whole other world, they have billions and cry broke all the time.


State schools are becoming popular because people can afford them.
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  #44  
Old 12-28-2009, 06:46 PM
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College has gotton to expensive, its big business now.
............and u dont lrn veri mush whn u go theyre............
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  #45  
Old 12-28-2009, 06:50 PM
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............and u dont lrn veri mush whn u go theyre............
If that is the case, don't go to college. Save the money. Choices do come with consequences though.

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