Medscape surveyed 2,000 physicians under 40 from Oct. 5 to Jan. 19 on their salary, incentives and other measures.
Here are the debts and expenses for young physicians:
- Mortgage on primary residence: 62 percent
- Your own college or medical school loan: 51 percent
- Car loan: 37 percent
- Childcare: 24 percent
- Credit card debt: 19 percent
- Your spouse/significant other’s college, medical school or graduate school loans: 17 percent
- Car lease: 16 percent
- Medical expenses for yourself or loved one: 10 percent
- Private school tuition for child: 10 percent
- Mortgage on second home: 8 percent
- Business loan: 2 percent
- College tuition for child/children: 2 percent
- Graduate school tuition for child/children: 1 percent
- Alimony: 1 percent
- Other: 2 percent
- None: 9 percent
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
