Argentinean Doctor Needs room to rent on Park Slope/ PH $500

carnivore

veets wrote: residets may make $50,000 but the debts they incur in medical school are stil there looming in the background.

True. I think the average debt when finishing med school is up to around $200k now.

raw

I've been in that "can't push a relative out" scenario. It is not fun when someone you love, but don't have space for, gets too comfortable in your home.

lo kee

We've done an excellent job in this country of eliminating jobs that pay middle and upper middle class salaries (and failing to create new ones). This has pushed people toward higher education in an effort to earn decent salaries.

Educational institutions have responded to the demand by jacking tuition through the roof with no efforts whatsoever to mitigate their costs (as would happen in any market).

As a result, people with advanced degrees will be indentured servants to their ecucation loans for the balance of their careers. Furtgher, salaries for those high skilled jobs that remain have stayed flat or decreased in adjusted dollars.

Welcome to the new reality, economically disadvantaged doctors.

flux

Lo Kee.....I disagree. I invested 6 years in pharmacy school to get my doctor of pharmacy degree. Although I finished with a huge loan on my back (over 120k), I finished paying it off in a little less then 2 years. Now everything I make is cake!

Bought 2 new cars (one sports car and one SUV) in cash. Go on 2 amazing trips every year and have everything I want/need.

Although school was hard and expensive, I have no regrets and will do it all over again. With increasing tuition costs come increased wages. My union adjusts our salary to meet increase costs. On top of my yearly 3% raise we got 2 additional raises this year alone.

Soon, the time to obtain my degree will be increased from 6 years to 7 years. At that point less and less people will be interested in the profession. This will make me more valuable as a shortage would follow.

I finished school in 2003 so it wasn't so long ago. Soon I will be up for a 5 year raise (another 8k/yr).....more cake!!!

sweet tea

...and i, on the other hand, just finished earning the terminal degree in MY field. my loans are smaller than those carried by many of my classmates (because my father's job when i was in college had the since-phased-out benefit of covering part of my college tuition). 35 years ago, i could have expected -- given my education, previous experience, interests and, frankly, skills -- to find a full-time job teaching college.

i am teaching college, as it happens. i'd lined up the ducks properly, and i'm a good teacher. my students like me; my boss likes me. i carry a full teaching schedule, which keeps me plenty busy. BUT, universities don't so much hire full time professors anymore, and adjuncts get paid crap -- i'm looking at $20,000 in a good year. SO, i'm struggling to find freelance work to support my teaching habit (never mind my artistic work, my skill at which is supposedly part of my value as a teacher), since my only hope of eventually getting a full time job is continuing to build my resume.

as a fun extra, i teach for a state school. just so you know, what we save in taxes by staffing this way leads to crappy education for our citizens. if i could actually afford to devote all my working time to helping my students, they might get something approaching the education i received at private institutions. i guess sometimes you get what you pay for.

sorry for the rant.

michaelkeys

sweet tea wrote: if i could actually afford to devote all my working time to helping my students, they might get something approaching the education i received at private institutions. i guess sometimes you get what you pay for.

Forget about ranting, that needs to be said.

whynot_31

an adjunct at Hunter is paid around 3k; with tenure track positions almost a thing of the past.

Despite this, I would still encourage everyone to go to a state school; you might not get the best education, but it beats being in debt.

...besides, many places (government jobs, non-profits, etc) can't afford to pay a premium for the better educated candidate. ...they've "got 50k to spend" and it doesn't matter where their favorite candidate went to school.

sweet tea

^if the point of going to college is to get a better job, then perhaps that's true. if the point is to be educated, however....

whynot_31

sweet tea wrote: ^if the point of going to college is to get a better job, then perhaps that's true. if the point is to be educated, however....

exactly: If you have the luxry of going to school to get an education, and don't have to worry about the debt, go to a private school. In the fall, you get a bonus: The campuses have better trees and leaves.

longtimesloper

flux wrote: Lo Kee.....I disagree. I invested 6 years in pharmacy school to get my doctor of pharmacy degree. Although I finished with a huge loan on my back (over 120k), I finished paying it off in a little less then 2 years. Now everything I make is cake!

Bought 2 new cars (one sports car and one SUV) in cash. Go on 2 amazing trips every year and have everything I want/need.

Although school was hard and expensive, I have no regrets and will do it all over again. With increasing tuition costs come increased wages. My union adjusts our salary to meet increase costs. On top of my yearly 3% raise we got 2 additional raises this year alone.

Soon, the time to obtain my degree will be increased from 6 years to 7 years. At that point less and less people will be interested in the profession. This will make me more valuable as a shortage would follow.

I finished school in 2003 so it wasn't so long ago. Soon I will be up for a 5 year raise (another 8k/yr).....more cake!!!

Wow-do you work for a chain store or a private store? I have a friend who is a pharmacist in Kentucky and he does ok, but, not as ok as it sounds you do!

superjonbot

LongTimeSloper wrote: I have a friend who is a pharmacist in Kentucky and he does ok, but, not as ok as it sounds you do!

just a guess... but I'd say "Kentucky" is a key word in your statement.