2017 Update on the Cost of an American Medical Education

2017 Update on the Cost of an American Medical Education

One of the urgent issues facing medicine today is the prevention of physician burnout and depression. There are many factors that contribute to physician burnout and to tackle them all would be impossible in a brief blog post. However, I agree with STAT News that an important contributor to tackle is debt and financial stress.  Let's review the cost of medical education in America.

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PMD: Are You Financially Future Proof?

PMD: Are You Financially Future Proof?

"Future Proofing" is the process of anticipating the future and developing products/services that will withstand the demands of that anticipated future.  We all future proof on a daily basis - we eat in anticipation of being hungry, pay the electric bill in anticipation of darkness, bring an umbrella in anticipation of rain, etc.  In fact, one of the biggest shifts in healthcare recently has been all about future proofing - "preventative care."  Here are 5 steps to answer the difficult question - are you financially future proof?

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PMD: Chinese Grandma vs. American Grandma, Which One Are You?

PMD: Chinese Grandma vs. American Grandma, Which One Are You?

Welcome to another installment of Future Proof posts on Physician's Money Digest (PMD).  Today we are featuring a classic from Future Proof archives, edited for PMD readers.  As a Chinese immigrant, I have certain built-in cultural bias towards money management.  Let me share with you a specific one today regarding debt.  As usual, read the full post at PMD.  Or visit the original post here.

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GUEST POST: The 5 Most Important Money Lessons I Give My Residents

GUEST POST: The 5 Most Important Money Lessons I Give My Residents

[FPMD: Today's guest author is a good friend and fellow physician money blogger - Passive Income, MD is an anesthesiologist who blogs at http://www.passiveincomemd.com/.]

A large part of my job is teaching. In fact, every day I teach both residents and fellows. The subject matter is mostly anesthesia-related, but I can’t help throwing in some financial lessons I’ve learned along the way.

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PMD: 5 Common Ripoffs Everyone Should Avoid

PMD: 5 Common Ripoffs Everyone Should Avoid

Welcome to this week's Future Proof post on Physician's Money Digest (PMD).  Everyone loves a good bargain.  But there are surprisingly many people getting taken advantage everyday by horrible deals.  Here are 5 Common Ripoffs Everyone Should Avoid.  As usual, read the full post at PMD.  An excerpt is provided below.

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38 CFR Part 17.415 - Short for "VA Doesn't Care About Veterans"

38 CFR Part 17.415 - Short for "VA Doesn't Care About Veterans"

Unless you live under a rock, you've probably caught wind of VA's proposed rule to expand the scope of practice for Advanced Practice Registered Nurses (APRN).  It's generated 66,978 comments as of this writing.  I have heard a lot about the rule in the last month but until now, I have not read the original document myself.  Well, I read it and my blood is boiling...

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Guest Post: Doctor Loans - A Unique Perk for the Healthcare Professional

Guest Post: Doctor Loans - A Unique Perk for the Healthcare Professional

Healthcare professionals transitioning from training to practice most often find themselves with high student loan debt and minimal savings to purchase a home. In the view of a traditional mortgage lender, the high debt ratio would preclude you from qualifying for a conventional mortgage loan. However, many lenders offer special loan programs for healthcare professionals and trainees, often referred to as “Doctor Loans”.

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GUEST POST: Navigating between Income-Driven Repayment (IDR) and Student Loan Refinancing

GUEST POST: Navigating between Income-Driven Repayment (IDR) and Student Loan Refinancing

Future Proof, MD is proud to feature our very first article on LeverageRx - a comparison site and online financial help desk for doctors, dentists and other medical professionals.   Click HERE to read the rest of this article at LeverageRx.  Here's an excerpt:

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Future Proof Shares - 6/15/2016

Future Proof Shares - 6/15/2016

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting a few interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy!

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