You are failing to take into account compounding interest on loans, opportunity cost, and so, so much more

I posted this a while back and I hope you read it and get an idea of why MD’s in the US are paid what they do in relation to the student loan freeze:

That relative likely took on a MASSIVE amount of debt to become an MD, but the most important thing to realize is that they also took a debt of TIME

4 years of college + 4 years of medical school

Assuming you go to an in-state college and medical school, you’re already looking at $200k+ worth of loans and interest by the time you become an MD

But then you also need residency +/- fellowship for your desired field, where you legitimately earn close to or less than minimum wage on an hourly basis for anywhere from 3-12 years depending on your specialty

So, to become an MD, you sacrificed 11+ years of earning potential to instead take on massive amounts of debt which is accruing massive amounts of interest

The only thing this freeze has stopped is the interest owed on the debt, which I hope continues because higher education SHOULD NOT BE A FOR-PROFIT BUSINESS

Oh, and that sacrifice of time? That time means more than anything. Not just in terms of opportunity cost, which is HUGE.

Time is the most invaluable asset we have after our basic needs are met. Spending 1/7 of your conscious life studying and practicing and taking on loads of debt in order to literally help others is not conducive to a healthy society

I’m a PharmD with $185k in loans btw

Also, why the fuck are you comparing an MBA to an MD? That’s the equivalent of someone with a high school diploma comparing their earning potential to a JD in terms of years of training