this post was submitted on 14 Aug 2023
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Analysis | The average doctor in the U.S. makes $350,000 a year. Why? (webcache.googleusercontent.com)
submitted 1 year ago by [email protected] to c/[email protected]
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When economists published revealing data about doctor salaries, the backlash was intense. Why? And why do doctors earn so much more in America than in other countries?

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[–] [email protected] 5 points 1 year ago (1 children)

I can’t speak for other countries much, but doctor have huge monthly payments to have malpractice insurance and student loans.

I think if you look it up you will be surprised how much malpractice insurance costs each month.

There was a TikTok trend where doctors are sharing how much student loan debt that have as well and it’s 6 figures in most cases.

I think these are all reasons that the salaries are so high.

[–] [email protected] 3 points 1 year ago

For sure. Though if you make 350k, you should be able to pay back 200k loans in 2 or 3 years easy.