Tell me being a doctor is still a good profession after hearing so much negativity?

[WayOutWestMom]

Article about the financial aspects of becoming a physician:

[Wall Street Physician: Is It Still Worth It Financially To Go To Medical School?](Is It Still Worth It Financially To Go To Medical School? - The Wall Street Physician)

The gist–

1. medical school is increasingly expensive (Average tuition & fees are $60K/year, with some schools’s COAs above $100K/year)

2. residencies.are longer than they have been in the past

3. work-life balance is increasingly value by younger physician who are unwilling to work the 60-80 hours/week that is typical for a practicing physician. Shorter hours = less compensation

4. Medicine is transitioning away from physician-owned medical practices to corporate own medical practices where the physician is a salaried employee. (lower compensation)

In my view, the practice and economics of medicine aren’t what it used to be. Today’s residents are taking on more student loan debt, finishing training later, and valuing work-life balance. As a result, today’s residents will not be able to afford to make as many financial mistakes as previous generations of doctors. But with early financial education, financial independence, and a secure retirement remains achievable for every graduating medical student and resident physician.