Is Medical School Worth It?

It’s no surprise that the higher your college degree, the more money you can earn over your lifetime. However, many individuals have a hard time justifying the costs of an advanced college education which includes the commitment of additional years to study as well as additional debt.  So, considering all of this; Does a medical degree really pay off?  The answer is "Yes"

Attending medical school is an expensive venture. It is an investment you have made in yourself and it will pay you many times over in the long run. On the average most physicians come out of medical school six figures in debt, and they do not start making six figures annually until after residency and maybe fellowship. But once you have completed your training the prospects for future earnings are excellent and will make this debt burden a pie that could be tackled one piece after the other.

As you can see from the graph, although medical specialist accumulate the most debt during their education, they also have a much greater earning potential which will allow them to pay that debt quicker then most professions, and will allow them and their families a much higher standard of living.  The Lesson: Don't let the debt or number of years spent in school disuade you from pursuing a medical career.  Think of it as an investment in yourself that will pay you and your family hefty dividends in the future.