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Old 11-09-2017, 08:44 PM
 
8,155 posts, read 3,680,515 times
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Quote:
Originally Posted by 2sleepy View Post
Free? I have never heard of a 'free medical school'. Certainly tuition is lower if you are enrolled in a public school and paying in state tuition but I never heard of it being free.

"The median four-year cost of medical school (including expenses and books) was $278,455 for private schools, and $207,866 for public schools in 2013 according to the Association of American Medical Colleges. While grants and scholarships account for some of this total, lowering eventual debt to an average of $170,000–interest accrues while doctors are still completing their residencies, sometimes adding as much as 25% to the total debt load."
https://www.bestmedicaldegrees.com/i...t-financially/

And in case you think that was just hype, how about the Columbia College of Physicians and Surgeons?
$360,137 for 4 years of medical school:
Tuition & Expenses | College of Physicians and Surgeons
Only if it is a combo MD/PhD. Many schools have that, of course admission is very competitive. Basically, in the PhD part it is the same as a regular PhD in biomedical sciences. Overall takes longer than MD, but not much longer than the regular PhD. So, no debt, if going that route, but takes couple more years.

In regards to the regular MD track, yes the debt loads are large, but then again considering the salaries, especially in some specialties, I can't be too worried about their well being..
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Old 11-09-2017, 08:52 PM
 
Location: Living rent free in your head
42,850 posts, read 26,294,125 times
Reputation: 34059
Quote:
Originally Posted by serger View Post
Only if it is a combo MD/PhD. Many schools have that, of course admission is very competitive. Basically, in the PhD part it is the same as a regular PhD in biomedical sciences. Overall takes longer than MD, but not much longer than the regular PhD. So, no debt, if going that route, but takes couple more years.

In regards to the regular MD track, yes the debt loads are large, but then again considering the salaries, especially in some specialties, I can't be too worried about their well being..
Well..I don't know about that, the high salaries are usually reserved for specialists, i.e cardiac and orthopedic surgeons. My cousin's daughter is a pediatrician and her starting salary at Kaiser was $164,000, that's really not a lot of money in California.
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Old 11-09-2017, 09:05 PM
 
8,155 posts, read 3,680,515 times
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Quote:
Originally Posted by 2sleepy View Post
Well..I don't know about that, the high salaries are usually reserved for specialists, i.e cardiac and orthopedic surgeons. My cousin's daughter is a pediatrician and her starting salary at Kaiser was $164,000, that's really not a lot of money in California.
Well, surgeons yes, but others too. A starting radiologist could be 300-400k+ easily , and in academia..

Yes, pediatricians and family care are paid the lowest, but realistically, that's still much higher on average than any of the STEM fields, unless you work for google or something.
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Old 11-09-2017, 09:11 PM
 
Location: Long Island
57,311 posts, read 26,228,587 times
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Quote:
Originally Posted by workingclasshero View Post
there's a DIFFERENCE between getting housing down to a more reasonable level, than a crash like the Clinton crash of 08

the economy crashed NOT because of housing, housing was just a part of it

the liberal globalism of outsourcing jobs, along with the housing crash, along with raising the min wage in 07, along with putting china on a pedestal like Clinton did....
It took 15 years for Clinton to crash the market in 2008, why did it take so long?
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Old 11-09-2017, 09:34 PM
 
Location: Living rent free in your head
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Interesting article regarding the differences between the House and Senate bill here

Factbox: How the U.S. Senate and House tax proposals differ | Reuters
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Old 11-10-2017, 05:23 AM
 
Location: Long Island
57,311 posts, read 26,228,587 times
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Quote:
Originally Posted by 2sleepy View Post
Interesting article regarding the differences between the House and Senate bill here

Factbox: How the U.S. Senate and House tax proposals differ | Reuters
I do not see this passing, taking away the state and local tax deduction, medical expense deduction, removing or doubling the threshold for estate tax. This will not pass.
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Old 11-10-2017, 12:56 PM
 
3,992 posts, read 2,460,058 times
Reputation: 2350
Quote:
Originally Posted by workingclasshero View Post
1. greenspan didn't lower the interest rates that much...so if you are talking about interest rates...that would point more to Bernanke

2. you have already stated you are in your early 20's...meaning you were just being born when the bubble started.... I lived it

I bought my first house (panama) in 89....my next house (LI) in 1995...my next house (NC) in 2002 when I was stationed at bragg.......ALL THREE PAID OFF

so again son, what have you done, because you seem to not have the actual knowledge of what happened..... too many of our youth, book smart, but lacking of common sense
Quote:
Originally Posted by Metsfan53 View Post
please show me where I stated I'm in my early 20's?

you literally have no clue re: Greenspan vs Bernanke. It's ok. You have not refuted one of my points, in fact now you pretty much gloss over them since you have no rebuttal to use and instead come back with same partisan drivel.
And btw- if you haven't figured out by now, I can't help you, but I lived this from the inside. Unless in March 08 you were wondering how to rid yourself of any Lehman and ML exposure as quick as possible as the consensus was they were both going down and soon, wondering in 07 how to reduce exposure to HBOS due to there over reliance on overnight funding and the mismatch they had on their books vs what they lent, having to answer as to why certain European banks starting offering a good more bps on USD time deposits around 4AM or getting in early on the huge spike in ABS prices in alter 09 and 10, even checking into pools in Europe and determine if Spanish, Dutch, Italian, or English paper were better buys. Do you even understand the role AIG played n this mess leading unto 07 and 08? But please tell me how you know more about this than me and have more experience with it.
.....
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Old 11-10-2017, 03:11 PM
 
28,115 posts, read 63,687,353 times
Reputation: 23268
Quote:
Originally Posted by 2sleepy View Post
Well..I don't know about that, the high salaries are usually reserved for specialists, i.e cardiac and orthopedic surgeons. My cousin's daughter is a pediatrician and her starting salary at Kaiser was $164,000, that's really not a lot of money in California.
We lost a good Doctor to Kaiser.. it was not the pay but overall package...

Kaiser offered her a position in Fresno and her practice was in the SF Bay Area.

Kaiser had a realtor show her around and offered relocation assistance and would reduce her student loans each year and fully retire them...

So the pay was not great but the lower cost of housing, no more student loan and not having high malpractice insurance and office overhead cinched the deal... it has been 11 years and she is very happy there.

As a someone looking to buy lower prices or more for your money is a big plus...

If the tax plan goes through I'm certain of one thing... no matter what happens every discussion will look at how influences of the Tax Plan...

Last edited by Ultrarunner; 11-10-2017 at 04:14 PM..
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Old 11-10-2017, 03:47 PM
 
Location: Living rent free in your head
42,850 posts, read 26,294,125 times
Reputation: 34059
Quote:
Originally Posted by Ultrarunner View Post
We lost a good Doctor to Kaiser.. it was not the pay but overall package...
Kaiser offered her a position in Fresno and her practice was in the SF Bay Area.
Kaiser had a realtor show her around and offered relocation assistance and would reduce her student loans each year and fully retire them...
So the pay was not great but the lower cost of housing, no more student loan and not having high malpractice insurance and office overhead cinched the deal... it has been 11 years and she is very happy there.
Exactly! My Kaiser PCP used to have a private practice in Vacaville, he said he closed the doors when Kaiser gave him an offer of paid vacations, generous pension and student loan retirement.
https://physiciancareers-ncal.kaiser...tion-benefits/
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Old 11-10-2017, 04:11 PM
 
28,115 posts, read 63,687,353 times
Reputation: 23268
There are always winners and losers when prices change...

The perception people have is often as important or more important as it can shape reality...

The lower cost of Fresno Real Estate was a big plus for my Doctor friend looking to buy...

Of course if you want to sell then the lower price is a negative...

I doubt anyone can do more than predict with the wild card being how will the public respond?

And as the plan is nothing more than a plan all is pure speculation at this point.
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