I often hear people bitch about doctors "making too much money" or "their Benzes and BMWs".
Well no ****ing ****.
What do they go through?
4 years of college, 3 or 4 years of medical school, their residency.
More or less 10 years of school and training.
All that hard work in school, paying for that school.
They deserve to get paid a lot. They need to get something out of it.
People don't go through years of school to make dog ****.
Now insurance companies on the other hand :soap
Thoughts?
Thoughts?
My thoughts?
Try to be a social worker. 4 years to get a Bachelors. 2 years to get a Masters. Another 2 years of supervised practice to get a license. 8 years in total and tens of thousands in student loan debts in order to make less money than a school teacher. On top of that, they also have to pay malpractice insurance if they work as clinicians.
And social workers work with the most distressed, mentally ill, violent, etc. parts of the population trying to help them improve their lives.
I somehow find it hard to pity doctors.
I often hear people bitch about doctors "making too much money" or "their Benzes and BMWs".
Well no ****ing ****.
What do they go through?
4 years of college, 3 or 4 years of medical school, their residency.
More or less 10 years of school and training.
All that hard work in school, paying for that school.
They deserve to get paid a lot. They need to get something out of it.
People don't go through years of school to make dog ****.
Now insurance companies on the other hand :soap
Thoughts?
Actually, with a sudden and noticeable drop in doctors, you could argue that laissez-faire wage determination is failing them.
Medical schools only allow X candidates for admission into the program per year. They provide their own crowding out effect. This is not a simple supply and demand problem.
Of course, a regional airline pilot can spend nearly as much on his education and enters the job market at a cool 20k/year. It's all relative
Every profession only allows X candidates for admission into their programs.
I think the case with social workers is the relative ease of training. I'm not trying to downplay it, but I remember taking general psychology as a freshman. That class was a whole other realm of easy. I slept through half of it and ended the class with a 97% overall, including missing one question on the final out of one hundred. If this is a precursor to social work education, I'm not impressed. I also know that gen-psych isn't the alpha and omega of courses, but it's rather telling, and a legitimate harbinger to the difficulty of the program.
I think the low pay is a result of a lack of private sector employment in the field. Everyone I know in the field works for a county, state, or federal commission of some sort. They must enjoy the work, because I know what they make. Hell, I've seen part-time positions that require a MSW.
In the public sector, it's a cog of a giant system. In the private sector, it's just another collection of meaningless social science grads who coasted through school on a relatively easy subject. Much like teachers.
"Deserve" is an emotional plea and has no basis of wages in today's market. I'd rather go by economics and statistics instead.
Nurses do most of the workUnless you go into a specialty, doctors really don't get paid a whole lot of money.
When you factor in schooling costs, opportunity costs of going to that school, and malpractice insurance, they're not exactly rolling in it. Granted, there's a far cry from the average doctor and pauperish TV doctors like Becker and House.
I consider doctors rather underpaid. It's nurses I consider overpaid personally. Then again, when there's a shortage you have to go by what the market, and supply/demand tells you. Same reason why teachers, as a whole, are overpaid.
Unless you go into a specialty, doctors really don't get paid a whole lot of money.
When you factor in schooling costs, opportunity costs of going to that school, and malpractice insurance, they're not exactly rolling in it. Granted, there's a far cry from the average doctor and pauperish TV doctors like Becker and House.
I consider doctors rather underpaid. It's nurses I consider overpaid personally. Then again, when there's a shortage you have to go by what the market, and supply/demand tells you. Same reason why teachers, as a whole, are overpaid.
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