<p>With shrinking insurance funding a lot of psychiatry has turned into prescriptions and the job of the psychiatrist is assigning and managing medications. </p>
<p>A friend is a psychiatrist. His practice has evolved into prescribing for Alzheimers patients and giving lectures about same. He works 5 - 6 days a week. His wife, also a good friend, is a dermatologist who earns twice as much working 3 - 4 days a week. However, her practice is sadly evolving into giving botox injections.</p>
<p>Medicine is a wonderful profession for those really committed to it. The days when it was a safe, lucrative, highly respected profession are over.</p>
<p>And just so you know,(not you, ADad) I as a community college teacher earn more than my good friend at a much more prestigious four year institution. Other friends at four years envy my work schedule. They are responsible for bringing grant money into their institution. I spent summers with my kids; they spent theirs working 9 - 5 in their offices chasing grants, not for themselves, but for their departments.</p>
<p>Now, I can see wonderful reasons for pursuing a more prestigious institution – more advanced students, potentially brighter students, more interesting courses, more time for research – but money is necessarily one of them.</p>