Let's talk about why why becoming a doctor is a bad idea. Many people think becoming a doctor leads to financial success, BUT I will outline why that's not true. This video is not meant to discourage you but to show you why medical school is overrated, if you watch this whole thing and are still passionate about becoming a doctor then I am positive med school is for you!!
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► Doctor vs. teacher salaries: bestmedicaldegrees.com/salary-of-doctors/
► Doctor Stress Study: mdvip.com/about-mdvip/blog/physician-health-survey-by-numbers
► 2019 Medical School Debt Report: weatherbyhealthcare.com/blog/medical-school-debt-report-2019
You have seen my videos on if is premed worth it, but the The question on many students minds, is still medical school worth it? Everyone knows about the loans and stress, but does that pay off? If all you want Is money, then you better look for something else but if your number one passion is helping patients and you don't care about the money AT ALL then becoming a doctor may we worth it for you. Here is why becoming a doctor is a bad idea.
The first reason why becoming a doctor isn't worth it is because of stress and work life balance. Doctors are actually not paid a higher rate than the average American. they just work significantly more hours, which is why doctors get paid so much.
Second, med school reality is that you have facing a HUGE opportunity cost. By becoming a doctor you miss out on 10 years of potential income, the total opportunity cost can reach 1 million dollars. That's something many people overlook and why being a medical doctor is overrated.
The third reason why becoming a doctor is a bad idea is because of medical school loans. But is med school worth the debt? After all you get paid so much. Despite the pay many doctors struggle to pay off their medical school debt, you really have to make sacrifices. If you think the salary justifies the amount of debt that's not the case. Med school debt is a huge proportion of your salary.
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