SPDR S&P 500 (SPY)

[learningboutinv]

OT - Foot

Yeah I'd have to agree with the malpractice stuff. My roommate's wife from college ended up moving to VA cause there's a cap in Malpractice insurance so it's cheaper. I think when I last talked to them about it 3 years ago, the malprac. ins was only 50K for an OBGYN as oppose to $200K in MD since there's no caps in maryland. Is that insane or what? She said that OBGYN are a dying breed cause the malpractice is so high that you need to deliver 20 babies to break even. So most Doctors only practice GYN.

Both my sisters took the military scholarship so it paid for their $200K med school bill and it pays for their malpractice insurance. One just got deployed to Iraq after she finished her residency a year ago.

People don't realize that doctors don't necessarily make a lot of money. Think about getting out of school and if you're just a pediatrician or pcp you only make about $100K-$175K. So with undergrad and grad at a private university you're looking at $200-300K out of school for loans and then you have to pay like $20K in malpractice insurance.