Why Medical School Should Be Free – NYTimes.com

DOCTORS are among the most richly rewarded professionals in the country. The Bureau of Labor Statistics reports that of the 15 highest-paid professions in the United States, all but two are in medicine or dentistry.*

Why, then, are we proposing to make medical school free?

Huge medical school debts — doctors now graduate owing more than $155,000 on average, and 86 percent have some debt — are why so many doctors shun primary care in favor of highly paid specialties, where there are incentives to give expensive treatments and order expensive tests, an important driver of rising health care costs.

More at Why Medical School Should Be Free – NYTimes.com.

*Editor Note: These figures are from a 2009 survey. Figures from the 2010 survey show that medical and dental professions now account for 14 of the 15 highest paid occupations (measured in terms of annual income):

Occupational Title Mean Annual Income
Surgeons 225,390
Anesthesiologists 220,100
Oral and Maxillofacial Surgeons 214,120
Obstetricians and Gynecologists 210,340
Orthodontists 200,290
Internists, General 189,480
Physicians and Surgeons, All Other 180,870
Family and General Practitioners 173,860
Chief Executives 173,350
Psychiatrists 167,610
Pediatricians, General 165,720
Dentists, All Other Specialists 162,190
Dentists, General 158,770
Prosthodontists 139,620
Podiatrists 133,410

 

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One Response to Why Medical School Should Be Free – NYTimes.com

  1. [...] to recently released data from the Bureau of Labor Statistics, medical and dental professions now account for 14 of the 15  highest paid occupations in the United States (measured in terms of annual [...]

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