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<<To Repowoman, yes the the time the interest accruing is significantly larger for MDs then JDs. This is important in both opportunity cost, the interest accumulation as well as the ability to pay down debt and accumulate wealth. When I mentioned 4-7 years, that did not include medical school. Add another 4 years so now we are talking 11 years since graduating from college. Thats where I am now, yes I will be a super specialist, but I really feel like XRAYMD that at least the habit of paying something to the interest every month would have really been a great thing. It is this habit of making regular payments/saving that is important for professionals to learn, recently out of school. I guess 3 years of law school doesnt seem so bad to me. >>

I'd be interested in how you evaluate the opportunities and compensation you can expect after completing such a demanding program. Do you expect that current reimbursement levels will be adequate to allow you to retire this debt load in a reasonable way and still lead the upper middle class lifestyle such a commitment might reasonably expect to provide?

Also, I'm hearing increasingly of physicians in their early 50s choosing to retire rather than continue providing services. I'm wondering if you see this as a real trend, and what factors you see contributing to this phenomena (I'd guess a combination of reimbursement levels, high marginal tax rates on income vs no taxes on time taken as leisure, and increased bureaucratic control and legal exposure, but what do I know?)

Thanks for any comments.

Seattle Pioneer
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