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'Should my daughter be a doctor?' (A doctor is now asking this question)
American Thinker ^ | 04/18/2013 | Deane Waldman

Posted on 04/19/2013 9:08:49 AM PDT by SeekAndFind

Last weekend, after I gave a speech at a public forum about healthcare, a woman came up to the podium and privately asked me a question. "My daughter was just accepted to medical school. Do you think she should be a doctor?"

This should have been the easiest question ever, but it was the opposite.

I come from a family of physicians going back more than three generations. It is what we did, what we were. At a family gathering several years ago, I counted 14 men or women who were practicing physicians. Three of the fourteen doctors had married medical school classmates, raising the "family" number to seventeen.

Our family believed that the highest calling for a human being was to heal other human beings. So it should have been easy and immediate for me to say to the mother at the podium, "Of course your daughter should be a physician. There is nothing better in the entire world!" It pained me not to say that.

A recent Wall Street Journal article written by another physician -- more precisely, ex-physician Dr. Ed Marsh -- expresses several emotions all too common in the community of health care providers: doctors, nurses, and allied health personnel. We are angry, frustrated, and confused.

Prematurely retired Dr. Marsh summarized: "The glow of the personal relationship one might have with patients [the reason we get up in the middle of the night for you] is being [actively] extinguished." He speaks for virtually all doctors, nurses, and care providers everywhere, not just in the U.S.

Dr. Marsh is anything but an isolated case. I too gave up clinical medicine last October, most reluctantly. I love caring for babies and still miss doing it. Forty to fifty percent of practicing doctors are now thinking about early retirement.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: doctors; obamacare

1 posted on 04/19/2013 9:08:49 AM PDT by SeekAndFind
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To: SeekAndFind

Sure - just not in the United States.


2 posted on 04/19/2013 9:10:00 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: SeekAndFind

SOME STATISTICS TO CONSIDER:

* From 1995-2008, admission applications to U.S. medical schools fell by almost 20%.

* Last year there were 110 accredited training positions in heart surgery in the U.S. Sixty applied.

* There are roughly one half a million unfilled nursing positions here.

* Compared to other nations, the U.S. ranks #1 in spending on healthcare by a very wide margin.

* In 2010, we spent 17.6% of GDP. Germany, in second position, spent 11.6%.

* The US is #34 in infant mortality, #40 in population longevity, #81 in hospital beds per 1,000 people. The U.S. is #52 in doctors per 1,000 people (2.3), but we maintain our top position in lawyers per 1,000 people (3.7).


3 posted on 04/19/2013 9:10:43 AM PDT by SeekAndFind
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To: SeekAndFind

My neice is now doing her internship at a hospital in Michigan.

She owes over $150,000 dollars for her college.


4 posted on 04/19/2013 9:12:33 AM PDT by Venturer
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To: SeekAndFind

Those are some crappy numbers...especially lawyers.


5 posted on 04/19/2013 9:12:53 AM PDT by EEGator
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To: SeekAndFind

No.

She will waste her 20’s slaving for nothing only to find a load of debt and a middle class salary at the end. She’ll be 30, broke, and with no savings.

She should be a Nurse Practitioner is she is just dying to go into medicine, but I would tell me daughter to study finance, or accounting.

Though I’d be happiest if she skipped college and became an electrician or a helicopter pilot instead. I’d actually pay for that.


6 posted on 04/19/2013 9:13:24 AM PDT by Noamie
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To: SeekAndFind

My. Daughter is a sophomore in pre med I’m totally trying to talk her out of it


7 posted on 04/19/2013 9:14:08 AM PDT by Mom MD (A million people attended Obamas inauguration. 14 of them actually missed work)
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To: SeekAndFind

If I was a young, ambitious doctor now, I’d be looking to set up a medical tourism facility outside the US, probably Chile.


8 posted on 04/19/2013 9:14:54 AM PDT by Paine in the Neck (Socialism consumes everything)
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To: SeekAndFind

What does she want to do?


9 posted on 04/19/2013 9:14:57 AM PDT by stuartcr ("I have habits that are older than the people telling me they're bad for me.")
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To: Mom MD

RE: Daughter is a sophomore in pre med I’m totally trying to talk her out of it

You must know something about the profession that most of us don’t... care to share it with us?


10 posted on 04/19/2013 9:16:04 AM PDT by SeekAndFind
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To: Noamie

Why do I always check my grammar AFTER I post? My #6 post is kind of messed up.


11 posted on 04/19/2013 9:16:06 AM PDT by Noamie
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To: SeekAndFind
"My daughter was just accepted to medical school. Do you think she should be a doctor?"

Yes, if she wants to marry a nurse..tick, tick....//...tick, tick......give it time to digest, you'll get it :-)

12 posted on 04/19/2013 9:17:33 AM PDT by varon (USA Nationalist)
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To: SeekAndFind

I am a nurse anesthetist. No one should be entering the health profession right now. If I could get out, I would.


13 posted on 04/19/2013 9:18:15 AM PDT by surroundedbyblue (Why am I both pro-life & pro-gun? Because both positions defend the innocent and protect the weak.)
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To: SeekAndFind

After the collapse of Western Civilization and the takeover of America by Islam as planned by Obama, she will have a very important skill to barter with.


14 posted on 04/19/2013 9:18:27 AM PDT by donna (Pray for revival.)
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To: SeekAndFind

Does she plan on practicing for real or having kids and then just part time?

Women and minorities are quota based for most medical or grad schools and take set aside slots

Maybe from a man who would have practiced forever to support a family with a stay at home mom as his wife

As a conservative....culturally....I know where I stand on this

It is a major issue today....trained medical professional women who end up working less or none after babies

Women are half of med school now

Obamacare notwithstanding


15 posted on 04/19/2013 9:18:38 AM PDT by wardaddy (wanna know how my kin felt during Reconstruction in Mississippi, you fixin to find out firsthand)
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To: SeekAndFind

Several hundred thousand dollars of debt and socialized medicine limiting MDs to school teacher salaries. Happens everywhere government healthcare monopoly is implemented.


16 posted on 04/19/2013 9:20:51 AM PDT by jjotto ("Ya could look it up!")
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To: Venturer; Mom MD
This was from 5 years ago, it has gone up ever since...


17 posted on 04/19/2013 9:21:15 AM PDT by SeekAndFind
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To: SeekAndFind

“The US is #34 in infant mortality”

I believe that this stat has been refuted.

It is about “how” we declare something a viable human infant. In Germany, I think it’s something like 2-3 days after birth that they call it an infant so if an infant dies within 24 hours it doesn’t count in their infant mortality stat. I think we even count 2nd tri-mester miscarriages.

Comparing nation-to-nation stats isn’t always clear.


18 posted on 04/19/2013 9:22:41 AM PDT by Noamie
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To: wardaddy
I got this post from this forum


The story of Dr. Michelle Bisutti is one that all healthcare students should be required to read. Like a disclaimer, we should make it mandatory for all students to read before signing any educational loan. Her story can be read here.

Condensed version: Dr. Bisutti is a Family practitioner that graduated with a debt load of $250,000 in 2003 and has since ballooned to $555,000 as a result of interest. The article notes that at that time (2003) those debt loads were unusual, however today that is not the case. $250,000 for Medical Students is the norm. Don’t believe me? Here’s a quick table by the AAMC for U.S. Medical School Tuition and Student Fees for 2012-2013 (MS 1)[1]
Tutiion 2012-2013



Dr. Bisutti knew that her loans were extensive but rationalized that she would be earning a lot to justify the debt load levels. Sound familiar?

Dr. Bisutti will be 70 years old when she pays off her federal loans. Her damaged credit prevents her from purchasing a home or new car. It has also affected her personal life putting marriage off between her and her boyfriend because of debt.

BOTTOM LINE: DON’T BE LIKE DR. BISUTTI. Educate yourself!

An old video from 2009 from Suze Orman. Love her or hate her, she nailed this pending crisis and this was back in 2009:

http://www.youtube.com/watch?v=pj5CcYSAjq8


BUT, ONCE I’M EARNING I WILL BE MAKING PLENTY OF MONEY

Now this maybe true, but you need to learn personal finance. Case in point, a buddy of mine, an Administrator of Orthopaedics, the first week on the job he botched Payroll. The Staff and Doctors would miss their first paycheck by two days after the beginning of the week. On day two he received calls not from the Staff, but rather from the significant others of the doctors yelling on the phone. One in particular asked “How are we supposed to make our boat payment?” After hearing this story, it then dawned on me, just because they were physicians (hell, orthopods at that) did not mean they knew how to be financially fit. These physicians were living paycheck to paycheck! But they’re Doctors, right? Making $200,000+….how can that be?

THE WORLD IS NOT FAIR. LET’S LEVEL THE PLAYING FIELD

Look at your peers outside of healthcare. Most of them are long done with their education. Some have started their careers and are well on their way to financial freedom by paying off their student loans (if they even have them!). As a student of healthcare you have an additional burden of debt, a shaky horizon with the frontier of medicine changing drastically, most of your youth consumed towards education to this craft, it is only reasonable that you are compensated fairly for this. However, in order to become wealthy and set yourself up for financial successful, it requires time on your part and education to learn the building blocks of personal finance.



19 posted on 04/19/2013 9:24:56 AM PDT by SeekAndFind
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To: SeekAndFind

If she wants to work for the government, but on her own if sued for malpractice, sure. What’s not to like?


20 posted on 04/19/2013 9:28:25 AM PDT by freedomlover
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To: SeekAndFind
Forty to fifty percent of practicing doctors are now thinking about early retirement.

Everyone will have health care insurance, no one will have a doctor.
It's the 0bamugabe way!

21 posted on 04/19/2013 9:28:33 AM PDT by TigersEye (If babies had guns they wouldn't be aborted)
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To: SeekAndFind
She's better off as a UPS Driver
22 posted on 04/19/2013 9:29:12 AM PDT by SC DOC
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To: SeekAndFind

I think medical professionals in general do better the more specialized....or surgery oriented

My cousin... a girl....27....finished UAB as orthopedic surgical nurse....practice paid her debt and started her at 120k

Anything over 3 twelve hour shifts is overtime

Yet with babies now she is working less...much less

Is that best use of UAB resources or student loan fund?

Unintended consequences of the new social order


23 posted on 04/19/2013 9:31:36 AM PDT by wardaddy (wanna know how my kin felt during Reconstruction in Mississippi, you fixin to find out firsthand)
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To: SC DOC

Yes, but she can’t make a difference and will lose her self esteem if she is a driver.


24 posted on 04/19/2013 9:32:34 AM PDT by bert ((K.E. N.P. N.C. +12 .....History is a process, not an event)
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To: EEGator

Be not troubled about the number of lawyers. The Obama “economy” is fixing that as well. We are currently in the worst market for new lawyers in my experience (which goes back to 1973). Significant numbers of recent graduates from top law schools cannot find jobs as lawyers. Applications to law schools have dropped more than 40% over the last two years.


25 posted on 04/19/2013 9:38:27 AM PDT by p. henry
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To: donna
“After the collapse of Western Civilization and the takeover of America by Islam as planned by Obama, she will have a very important skill to barter with.”

Yes, but also a valuable registered skill to be used and exploited by evil people. Even though skills cannot be stolen from you like money, your body can be stolen then used under threat of force to you or your family. Just like a pretty girl can be stolen then forced to perform as a prostitute.

I have nuclear experience but because of such dangers I no longer practice in the industry and am paranoid about my security or traveling to certain nations.

26 posted on 04/19/2013 9:43:50 AM PDT by varyouga
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To: SeekAndFind

Hours are lengthening, reimbursement falling. Its not worth the time taken away from your family and children any longer. We work weekends, holidays, overnights often on little sleep. We get no respect from patients and families but are treated like the servant or concierge. On top of it I am looking to retire as soon as I can, as I will not spend the last few years of my career as a government employee. Obama care is the straw that broke the camel’s back

I truly cannot recommend any young talented person spend 8+ years of their life after college with no pay training for a profession where they will make less per hour than other professionals for longer hours, harder work and huge risk of lawsuits and regulatory actions.

I love my patients and my work with them. The rest of the stuff makes being a physician no longer worth it.


27 posted on 04/19/2013 9:47:47 AM PDT by Mom MD (A million people attended Obamas inauguration. 14 of them actually missed work)
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To: Paine in the Neck

“If I was a young, ambitious doctor now, I’d be looking to set up a medical tourism facility outside the US, probably Chile.”

What needs to be done is to build “a Carnival Hospital Cruise ship”. Replace the casinos and bars with hospital equipment, anchor it just outside of the reach of attorneys and govt. regulators and ferry people to and from the ship.


28 posted on 04/19/2013 9:52:29 AM PDT by staytrue
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To: SeekAndFind

Just not in some Islamic country.


29 posted on 04/19/2013 10:00:43 AM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: p. henry

Wow, 40% is a huge drop. I guess spending 6-7 years to not get hired is getting through.


30 posted on 04/19/2013 10:01:25 AM PDT by EEGator
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To: varyouga

Oh my, you’re right! I didn’t think that far. Americans are so naive about how wonderful our freedom is. Doesn’t if break your heart to see our ignorance?


31 posted on 04/19/2013 10:17:56 AM PDT by donna (Pray for revival.)
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To: Venturer

My daughter graduates this year from high school and is deciding between pre-med and dental hygiene. Is it worth it, to give away your life and future because once you accumulate that kind of debt you have to work whether you want to or not. You won’t even practice until you are in your early 30’s.


32 posted on 04/19/2013 10:29:51 AM PDT by ThisLittleLightofMine
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To: Noamie
Air traffic controllers make six figure salaries without college degrees. And without loans to pay off.
33 posted on 04/19/2013 11:02:08 AM PDT by hinckley buzzard
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To: ThisLittleLightofMine

So true

By the time you pay off the debt you could have been working for yourself for 10 years.


34 posted on 04/19/2013 11:05:14 AM PDT by Venturer
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To: staytrue

That’s a very good idea!


35 posted on 04/19/2013 11:32:09 AM PDT by OldPossum
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To: SkyDancer

thailand sounds like a decent place right now.


36 posted on 04/19/2013 6:22:47 PM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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