Nobody has disagreed with you about this. It is still a fact, however, that AFTER all of those other costs of the practice, facilities, equipment, staff... they STILL take home ~$200K a year in income.
So? So do a lot of people, without doing nearly as important service to society.
Education is, in general, a public good. That does not mean that there are not some big problems with the educational system in the US, some of which I addressed above. But that is an issue for another thread.
What do you mean by "practice"? That age range suggests finishing med school and entering residency. It is still 3-7 years before a physician can practice independently - three for primary care specialties like family and internal medicine, seven years for something like plastic or neurosurgery.What is this thread about?
Since it's all over the place, let me add a bit. First of all, I looked up the average age for when a doctor starts to practice and it's between 25 and 29, hardly middle age.
Kind of a waste of resources, if true. Med school is four years, shortest residencies are three. She'd be 77 by the time she's done.
NPs and other noctors get far less education in medicine though. Not even close.
Depends on the problem. But yes, unfortunately, many medical problems are treatable, but not curable. Take HIV. Modern medicines can give people decades of normal lives, and drive their viral load down to undetectable, but they cannot cure the infection because of how HIV and other retroviruses work. Same with DNA viruses like herpes; you can't cure them, although herpes is luckily far less serious.
What are you? An antidentite?
This idea of "degree inflation" is an important one, and I addressed it above. In the US we have this idea that everybody should be able to go to college, no matter their prior academic achievement or general aptitude. But that would lead to most students failing out, so many colleges have greatly watered down the rigor of their programs.
What about people who choose to go to an expensive private liberal arts college? Should taxpayers pay for them too, like AOC and her Ilk demand?
Standard repayment is 10 years, not 8. And with income driven repayment, residents do not pay nearly the full repayment amount until they finish and become attendings with high salaries. That can also extend the repayment schedule a few years.
AI slop aside:
Just public universities, or also private ones?
The GI Bill that paid for college did not distinguish between private and public institutions.
IMO, private universities already get enough government t subsidies.
And those student debts affect credit scores and the ability to obtain a mortgage or car loan.
Yes, you are correct. That was changed early this year.
Here we need to back up a little, as terms such as "public good" have a specific definition. A defining feature of a "public good" is that it is non-excludable and non-rivalrous. An educational institution, even a public one, has a limited number of spots and also has admissions criteria, so by definition is it not a public good.
US does not even spend little on tertiary education.
How about some kind of interest rate subsidy or cap?
You did not have free electives at your university?
I never heard of a physician not qualify for a car loan or mortgage just because they had a student loan.
Are you sure? I think I remember it being 10 years even when I graduated, and that was >20 years ago.
It's not like governments forgo planning even in capitalist countries. For example a road network, or public transit have to be planned long term.
I don't think she is. I think her concern is about the number of certain degrees.
By giving them a preference in admissions.
Because it is a form of segregation. In this case not driven by whites, but by blacks.
You would not recognize what a true sentence was if it bit you in the ass.
