To: SoConPubbie
Your analysis is wrong on two counts.
First despite the name, doctors do not have doctoral degrees. Doctoral degrees are PhD's.
Doctors have professional degrees [an MD, OD, JD, are "professional doctorates," but many lesser degrees not considered equivalent to a PhD are also professional degrees.]
Second, the average professional degree -- which is what an MD or a lawyer has -- comes out to around $92K according to the BLS most current stats, and this chart actually is pretty close to that at 89+K. It's only off by a few percent , which could be because the year I recall that stat from is different from this year, or because they aren't including some professions in their average. The average nonspecialist physician makes about $185K according to surveys. There are a lot of very poorly paid "professionals" who aren't MD's who bring that number down.
8 posted on
03/28/2014 4:30:00 PM PDT by
FredZarguna
(Das ist nicht nur nicht richtig, es ist nicht einmal falsch!)
To: FredZarguna
Doctors have professional degrees [an MD, OD, JD, are "professional doctorates," but many lesser degrees not considered equivalent to a PhD are also professional degrees.]
Second, the average professional degree -- which is what an MD or a lawyer has -- comes out to around $92K according to the BLS most current stats, and this chart actually is pretty close to that at 89+K. It's only off by a few percent , which could be because the year I recall that stat from is different from this year, or because they aren't including some professions in their average. The average nonspecialist physician makes about $185K according to surveys. There are a lot of very poorly paid "professionals" who aren't MD's who bring that number down.
Your reasons notwithstanding, I find the numbers very suspect.
Now that maybe a function of living in LaLa land as I do with higher salaries, but the salaries of technical professionals alone average much higher, as least for my region. And it is a big region in a geographic sense and a numeric sense. Add in all the other "big" metropolitan areas, and these numbers seem to be skewed downwards from reality.
10 posted on
03/28/2014 4:38:06 PM PDT by
SoConPubbie
(Mitt and Obama: They're the same poison, just a different potency)
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