I know I have been stupid---rheumatology
I am in a bit of a quandry. I have practiced rheumatology for over 30 years and still really enjoy it (most of it anyway). I have many patients (with very high patient satisfaction), have been subspecialty recertified twice, get my charts done on time, etc. Unfortunately, when I started working at my practice 14 years ago, it was a period of duress--my husband had lost his job during the recession (2009) and we had to move quickly. Anyway, my current practice didn't pay well--175K...
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Source: Student Doctor Network - August 13, 2023 Category: Universities & Medical Training Authors: rheumforawhile Tags: Other Subspecialties Source Type: forums
Seriously Looking at 700k-1M TC this year
Two verbal offers rn, possibly another one in the making...
With all the economic downturn and recession talk, I plan to take them all and work til late nights and maybe also weekends. I will just pretend I am still in school taking a full course load, but each week getting paid 10k after-tax for my effort. In 2-3 years, I will have ~1M cash saved & invested, then I can gradually phase out and get back to a new norm. I guess fat FIRE is achievable after all lol. (Source: Student Doctor Network)
Source: Student Doctor Network - April 20, 2023 Category: Universities & Medical Training Authors: letsquitpharm Tags: Pharmacy Source Type: forums
When will the economy collapse?
Follow up to my thread: http://forums.studentdoctor.net/showthread.php?t=483449 How would a recession affect us.
There were a couple of people saying there was no recession. Now the US economy is on the brink of collapse. The question is when. I have a bad feeling that it will start this week following Bear Sterns illiquidity.
What do think? When will it happen? A month, 2 mo, 6 mo? (Source: Student Doctor Network)
Source: Student Doctor Network - January 25, 2023 Category: Universities & Medical Training Authors: urge Tags: Anesthesiology Source Type: forums
Will there now be a more competitive upcoming application cycle due to the pending recession?
Title (Source: Student Doctor Network)
Source: Student Doctor Network - November 29, 2022 Category: Universities & Medical Training Authors: psyspy Tags: Pre-Medical (MD) Source Type: forums
Recession = good?
Anyone actually hoping for a real recession?
Some would argue we are in one now- but extremely low unemployment, robust consumer spending and strong wage growth make that a paper recession only.
On the upside, a real recession would do more to curb this ridiculous inflation than anything the fed can do. The downside is that the stock market would take further hit, although hard to see how much.
I think a real recession would do a lot to reset the us economy and might be good long...
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Source: Student Doctor Network - October 23, 2022 Category: Universities & Medical Training Authors: doctalaughs Tags: Anesthesiology Source Type: forums
Switch job as you can...now
With recession coming, this is probably the last window of opportunity to seize lucrative job offers before it gets too late. (Source: Student Doctor Network)
Source: Student Doctor Network - September 18, 2022 Category: Universities & Medical Training Authors: letsquitpharm Tags: Pharmacy Source Type: forums
Do Economic Recessions Affect Availability of Residency Spots?
Curious if anyone that went through the match process back in the Global Financial Crisis 2007-2009 remembers if there were suddenly a lack of available spots? Or If Residency programs in general got shutdown due to the financial situation?
The network new reporting on the state of the economy has worn me down and started getting me worried about a possible recession or otherwise economic downturn next year... (Source: Student Doctor Network)
Source: Student Doctor Network - June 15, 2022 Category: Universities & Medical Training Authors: Undes1 Tags: Medical Students (MD) Source Type: forums
NoWW That's What I Call the 2000s - 8th Annual Noob WW Game
Let's take a moment together to consider this post-pandemic landscape that we live in.
...actually, scratch that.
Let's take a moment in this post-pandemic landscape to consider simpler times. An era of pop punk and economic recession when you could TXT your BBFL after class about homework and the hottest new singles on the radio. Did you hear that new Jonas Brothers song? How about that blonde country chick...
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Source: Student Doctor Network - December 31, 2021 Category: Universities & Medical Training Authors: SportPonies Tags: Pre-Veterinary Source Type: forums
WSJ: Medical School Applications Soaring: Implications for Pain?
U.S. Medical School Applications Soar in Covid-19 Era
Medical schools are reporting record application numbers as the coronavirus sparks a new wave of prospective students to become doctors.
www.wsj.com
"The New Jersey native has applied to more than 30 schools, for medical programs starting in the fall of 2021. Finishing his undergraduate degree remotely has left more time on his hands, he said, giving him more time to apply. Medical-school applications had been rising slowly since the 2008 recession, AAMC data show, but this year’s...
WSJ...
Source: Student Doctor Network - September 24, 2020 Category: Universities & Medical Training Authors: drusso Tags: Pain Medicine Source Type: forums
starting a pain practice amidst the uncertainty
Hello all,
First, i hope you all are staying safe and healthy during the pandemic. I wanted to get some advice from you all in regards to opening an interventional pain practice in the next 3-6 months. Are times too volatile and unpredictable to open up a practice? With the possibility for a potential recession and unpredictable election year--would you guys wait? Is the future of medicine really in an unpredictable state? My feeling is that there is never a perfect time to open...
starting a pain practice amidst the uncertainty (Source: Student Doctor Network)
Source: Student Doctor Network - July 17, 2020 Category: Universities & Medical Training Authors: hope2bnmd! Tags: Pain Medicine Source Type: forums
Backup plan
I won't be applying until 2022 as I work to make my app more competitive as a non-trad pre-med.
As I reflect on this future plan, pursuing a backup plan has recently been becoming a priority to address in case med school doesn't work out. The uncertainty of volunteer clinical experience opportunities during this pandemic, and the talk of increased competition in future application cycles during this ongoing recession has been leading to this thought. Another big hurdle I need to get past...
Backup plan (Source: Student Doctor Network)
Source: Student Doctor Network - July 5, 2020 Category: Universities & Medical Training Authors: deophob Tags: Pre-Medical - MD Source Type: forums
COVID-19 Long Term Implications on Job Market and Specialty Competitiveness
I was just talking with my girlfriend about this and I'm curious what you all might think. It's pretty clear there will be some long term Implications from this pandemic, particularly on the financial side of things. Do you think this will be impacting the future graduates in job availability and residency competitiveness?
I thought rads got hit hard during the recession of 2008 because old docs prolonged retirement. (Source: Student Doctor Network)
Source: Student Doctor Network - March 23, 2020 Category: Universities & Medical Training Authors: madiso30 Tags: Medical Students - DO Source Type: forums
Top jobs pandemic recession with pharmacy number 1
Top 10 Financially Secure Jobs During the Coronavirus Recession
You might have a secure income but be mentally and physically exhausted. That said, here's the most secure jobs during the Coronavirus recession.
www.studentloanplanner.com
And student loan interest rate is 0% (Source: Student Doctor Network)
Source: Student Doctor Network - March 21, 2020 Category: Universities & Medical Training Authors: CaNvWa farm Tags: Pre-Pharmacy Source Type: forums
Impact of the coming depression/recession
As a D3 about to apply to ortho, what impact do you think all this is going to have on your practices and outlook, and in addition to other specialties: (os, peds, etc)? (Source: Student Doctor Network)
Source: Student Doctor Network - March 19, 2020 Category: Universities & Medical Training Authors: dentalstudent2021... Tags: Dental Residents and Practicing Dentists Source Type: forums
During economic downturns, does medical school become more competitive?
I figure application volume increases disproportionally from the usual year-over-year changes when a recession strikes. This would primarily be driven by folks in finance and business being laid off (or taking substantial pay cuts) and turning to medicine as a “safe” path forward.
Anyone have data or anecdotal experiences with this? (Source: Student Doctor Network)
Source: Student Doctor Network - March 17, 2020 Category: Universities & Medical Training Authors: Kardio Tags: Pre-Medical - MD Source Type: forums
