Work hard, wage less

When you received your first payment, you felt happy.

2 or 3 years later, when you receive now as usual payment, you feel that only this amount ?

When you get married, it become worse, and when you have more family, desperate.

This does not reflect 100% of reality, but I think this represents not so small % of total.

Whatever the reason why you feel your wage is so less, is due to more need of spending every year than wage up.

Even doctors, as I watched on TV “ER”, except Carter and others, most of doctors were suffering of satisfactory amount of wage. According to salary.com, ER salary in Chicago range for a physician $256,842 to $353,005.

According to 2017 CNBC article, the median household income in the US is $56,516 (2015 data, US Census).

Apparently, high salary for a physician to the median household income. However, physician had to invest for long time. This site mentions that 75% of 2017 graduating students had student loan debt. In 2017, these students had an average medical school debt of $190,000 ! If graduated from a private medical school, $206,000, which become $274,443, making monthly payments of $2,287, with 6% on a standard 10-years repayment plan.

Knowing these facts, it is not easy to say that doctors receive higher wage. I imagine the doctors with such amount of debt, they can’t even get sick, because they need to work without rest at least for 10 years or more.

That’s really hard reality. Working truely hard and barely keep paying the debt.

I know it’s not so simple doing this kind of comparison one type of job with other totally specialized type of job.

To get a loan is a relief for a moment, but once started to repay, how much heavy you feel. If we knew all these things when we were young, we would suffer less ?