"Sending back the Doctor's Bill"

If you are interested in our health care crisis and physician status in the marketplace, you will want to read Dr. Rob Oliver's response to last week's NYT article, "Sending Back the Doctor's Bill".

Dr. Oliver describes his personal financial situation from training:

"Tuition and living expenses during college ~ $150,000

• Tuition and living expenses during medical school ~ $85,000
• Average wage during my intern year in 1998 ~ $5.80 /hour
• Average wage my 8th year in surgical training in 2005 ~ $9.75 /hour
• Spending ages 22-35 in the library or hospital ~ PRICELE$$

It was not rare to have contemporaries owe more then $250,000 in loans during residency that was accumulating interest at 8%+. Despite commanding salaries that sound impressive, many physicians will not be able to retire that debt until well into their 60's."

Comments

[rob oliver]

Thanks for the props!