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re: 1 out of 4 bachelor degrees and nearly half of masters degrees have a negative ROI

Posted on 5/11/24 at 8:30 am to
Posted by wackatimesthree
Member since Oct 2019
4447 posts
Posted on 5/11/24 at 8:30 am to
quote:

engineering, computer science, accounting, medical field, actuarial sciences.



Not sure you told you kids the whole truth.

Aerospace engineering was on the top five list of unemployable careers that someone posted here a couple months back. So not all engineering pays off.

And computers is one of the last remaining maverick industries in which you don't actually need a degree to thrive.

Medical field is too broad. If you want to become a cardiac surgeon, sure. If you want to be a primary care provider, you might find yourself making less money than an NP in some specialties. Again, like engineering, it depends.

I don't know enough about accounting or actuarial sciences to comment.
This post was edited on 5/11/24 at 8:31 am
Posted by Bigdawgb
Member since Oct 2023
1005 posts
Posted on 5/11/24 at 10:06 am to
quote:

If you want to be a primary care provider, you might find yourself making less money than an NP in some specialties.


CRNA is the sweet spot, imo, as they get good money & tons of time off.

General pediatrics, rheumatology, and endocrinology are about the only fields where an NP/PA can make more than a doctor though, and that's only doctors well below median productivity. Most primary care docs, especially ones with a full patient load, are going to make $100-200k a year more than NPs.
This post was edited on 5/11/24 at 10:08 am
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
26135 posts
Posted on 5/12/24 at 10:06 pm to
Double post
This post was edited on 5/12/24 at 10:13 pm
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
26135 posts
Posted on 5/12/24 at 10:12 pm to
quote:

Medical field is too broad. If you want to become a cardiac surgeon, sure. If you want to be a primary care provider, you might find yourself making less money than an NP in some specialties. Again, like engineering, it depends.


This is even more true for the legal field. There are lots of attorneys just scrapping by even in their 40s and that is rare for docs of any flavor. Biglaw is very lucrative if you can get there and make partner. First-year associates will make just under $250k and comp will increase yearly until they are making $550k currently for their 8th year. The partnership track is longer than it used to be (now 8-10 years) but making partner means $1m+ at most Biglaw firms.
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