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hippopowertamus t1_j8zv5e2 wrote

Reply to comment by just_start_doing_it in Penn Medicine residents and fellows want a union, citing grueling workloads and 80-hour workweeks by nankles

Wealth and income are not synonyms.

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just_start_doing_it t1_j91r5l7 wrote

Yes, in this case it is both. It is a hard grueling job (especially the training)— i’m in a family of doctors— but for most they end up very well paid.

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hippopowertamus t1_j92neef wrote

I see your "being in a family of doctors" and raise you "being a doctor in a family of poor people". My income is way higher than my family aggregate growing up. My wealth is negative: I'm still hundreds of thousands in debt, despite living like I'm still in section 8.

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just_start_doing_it t1_j9329nr wrote

I’m sorry to hear that. Not sure how long you have been a doc. Have you read white cost investor?

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hippopowertamus t1_j937llt wrote

Just in my 4th year now. Definitely have looked at whitecoatinvestor and have been aggressively (most would say too aggressively) implementing financial best practices for awhile now. Still, despite having had a full ride to undergrad, worked since I was 16, and having had a side gig in med school, the debt is enormous. PSLF and REPAYE should get me through, but quite a few of my colleagues are in worse shape, and other career paths would have had much higher ROI. Workers everywhere are getting a raw deal, docs included. Capital defeats labor by a landslide.

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