cncrnd
Joined 8 years ago
Joined 8 years ago
The big downside of medicine is the time in my opinion. 7 years of prime time, but some of the med students I know are enjoying it. A former classmate said it's less work than undergrad.
A risk averse person would rather stick to what they know (student life, exams) for a guaranteed reward.
The debt isn't really that much. Probably the average is 200k. You can pay that off within about 1-2 years of residency, and interest rates tend to be low since they're low risk loans for banks to give out.
For the long commitment that doctors make and the debt they take on, they receive basically guaranteed highly paying employment for as long as they wish.
There's also a shortage of medical school spots, we can't create enough doctors.
I think this is probably an attempt to compete with other medical schools for top students. NYU is pretty well respected bit probably loses a lot of candidates to Harvard, Yale, etc.
I'm just surprised to see another food company pop up, it's kind of like the latex mattress boom (Casper, leesa, etc) but those mattresses are ridiculously high margin products.
Almost like companies are selected for being part of a story ('poor college student craves mums food') rather than being an actual business.
It's like how Uber has been giving me $3 rides while it posts losses 1/3 of revenue.
I should send VCs a thank you card, those loveable dummies!
These planes aren't cheap, even a small personal jet is in the low millions. A Boeing 747 or similar is in the hundreds of millions.
Unlike screenwriters, whose alternative is making lattes, game developers who get tired of the chase can go work for a traditional tech company.
VCs, probably not familiar with the world of real estate, aren't able to see this. They think they're investing in something new, but it's really the same old stuff in a new package that they're paying a premium for.
In many countries it is nearly impossible to get citizenship without having citizen parents.
I'm not sure why you would want to give the children of those committing treason citizenship, it could be a future risk if said children enter the same path.
More people want to go to medical school than there are spots open. If you create more spots, you get more doctors. Cost is not a barrier to medical school, loans for this profession are very easy to obtain.