Medical school lasts 4 years and costs $200,000. Medical school graduates carried an average debt of $158,000 in 2011. Young doctors then go into residences lasting 4 years or more at salaries of $50,000 to $60,000 per year. Meanwhile interests on their medical school debt continues compounding, sometimes exceeding $100,000.
Is it any wonder that doctor survey after doctor survey indicate massive demoralization among doctors with 50% to 70% saying they would not recommend a career in medicine, would not enter the profession if they had it to do over again, and advising their children not to become doctors.