Does medical school end up paying for itself?

Question

I know it's crazy expensive but in the end, is it worth it and does it end up paying for itself?
What type of doctor position gets paid a lot and helps with paying off medical school?

I didn't mean as in which one pays more, not like that, I'm saying which one costs more...like which residency?

So, it is worth it.

Answer 1

If you need to ask yourself these types of questions become a lawyer not a Dr. Care giving is a calling not a career path. Doing anything you love will bring you success. Figure it out.

Answer 2

Medical school definitely pays for itself. Some people chose to go into private practice and to help people without charging a lot of money, others become plastic surgeons in Beverly Hills and make more in a year ...no, more in a MONTH, than medical school cost them. You do have malpractice insurance to pay, but once in a specialty without a lot of failures, a lot of lawsuits, you can rake in the dough. Dermitology is serious business, but nothing like surgery or oncology.

Answer 3

The average physician graduates medical school with over $200,000 in student loan debt, but the average physician repays that debt in seven years.

When you start a residency program you start getting paid. It isn't much--some as low as the mid-$20's and some as high as the mid-$40's.

People who aren't in medicine frequently make poor assumptions. One of the highest income producing surgical specialties is Urology. It's not because any single procedure is high cost, but because a surgeon can do many in a day. One of the higher income specialties on the medical side is Radiology. Unfortunately, it is also one of the more competitive programs to get into.

Answer 4

If you are already looking at the financial gains and losses of being a healer, you should look some where else for a profession. To many people are already lousy medical providers another person out for money when they should be caring about patients isn't what we need, try a business school. They will teach you how to make money out of your student loans.

Answer 5

If you become a helpful doctor you would get lots of money so it would pay off. But if you well didn't study or do anything right you wouldn't get much money. If i were you i would most likely do medical school. Give it a go!
GOOD LUCK!

Answer 6

It depends on what type of doctor you become. General practitioners are having a hard time making ends meet, whereas specialists in surgery, geriatrics, dentistry, etc. are making good money. Do some research if you're hoping to become a Dr.

Answer 7

if you have a successful private practice, that can make a lot of money. neurosurgeon make good money, but has bad hours. My friend is the head of the radiology department and drives a ferrari and a masserati so he must be doing well. i also here a lot of stories of plastic surgeons making a lot of money. my cousin is a plastic surgeon and he owns a soccer club

Answer 8

Most of them, but I bet plastic surgery is one of the highest paid. Probably also one of the most expensive to buy malpractice insurance on too, though.

Answer 9

well if you become a good doctor, youll get a crapload of money, so yes. but if your a bad doctor, then it'll be a waste of 10 years

Answer 10

unless you commit malpractice, yes it is worth it in the end. but if you want to get into a profession simply for the money, medicine is not for you.