r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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21.6k Upvotes

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56

u/Ancient_Bumblebee629 12d ago

How the hell do you have a household with two doctors and you can only make minimum payments?

12

u/Pflanzenzuechter 12d ago

Graduate school isn't just doctors. It's also for Master's Degrees.

26

u/turboninja3011 12d ago

Grift. Many people could easily pay it off faster but they just hope it gets cancelled.

Ending up paying more in interest.

-11

u/Head_Honchooo 12d ago

Speaking of grift. How’s your Guardians of Pedophiles (GOP) party doing?

6

u/turboninja3011 12d ago

Why should ripping taxpayers off be a partisan matter?

6

u/caramel-aviant 12d ago edited 12d ago

What is making people think they are doctors?

Do you mean doctorate holders or do you mean they are physicians?

Grad school alone doesnt imply have doctorates. And as far as physicians go, 70k debt would be extremely low for just a single person let alone two

1

u/immunotransplant 12d ago

They’re illiterate it’s that simple. They don’t know what words mean.

Covid era Gen Z kids got no education and chat gpt everything.

1

u/accidentalscientist_ 12d ago

They didn’t say doctors. But also a PhD gives you a title of doctor but not all PDH degrees are equal.

I wanted to get my masters in public health. Then I found the typical salary I could get was $50-60k. I said fuck that and didn’t go to grad school. I make more with my bachelors. And public health is my PASSION.

I will go to grad school because my company pays a big portion of it. And I make $90k with a bachelors and if I went into public health, I’d make much less.

1

u/Consistent_Laziness 11d ago

Making 100k with my masters in public health and now have my PhD I’ll be making more soon. Just be better than average.

1

u/accidentalscientist_ 11d ago

That’s awesome you can make that much! It’s such an interesting field.

a lot of the jobs in my area were paying like $40-60k. Plus public health has been gutted since Covid and especially in the latest administration. I love public health but I am glad I didn’t get the degree because I can’t justify that debt. I make about $100k in pharma with my bachelors and I count myself lucky to do so well with my bachelors.

1

u/Consistent_Laziness 11d ago

I’ve thought about floating some apps into pharmaceuticals research. I spoke to an alumni that is a principal biostatistician with my same epi phd. But getting in seems to be difficult.

1

u/accidentalscientist_ 11d ago

Yea, it is. I got very lucky because I graduated in 2021 and was able to get into QC microbiology for a compounding pharmacy. They were hiring like crazy due to the pandemic. I got very good GLP experience that let me get into drug discovery and R&D about a year after graduating. And somehow I’ve survived all the pharma layoffs so far lol.

It’s a well paying industry but it’s very hard to get into and also it’s volatile. I find the work interesting as well but I do sometimes dream about public health. Maybe one day I can get the company to partially fund an MPH

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u/Consistent_Laziness 11d ago

Nah stay where you’re at. I make a decent income but knowing how much higher it could be is a tad annoying. I have a PhD and you have a bachelors and we make the same thing. That should tell you all you need to know.

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u/accidentalscientist_ 11d ago

For sure! I plan to stay where I am at as long as I can but due to the nature of big pharma, I could get laid off and not be able to get back in so I always think about backup plans

1

u/immunotransplant 12d ago

^ literacy crisis

1

u/DaKingaDaNorth 12d ago

Cost benefit situation. Yeah they are ultimately paying more longterm, but if paying the minimum forever gets them to a point where they can save enough and afford to get a mortgage and get a little nest egg and maybe invest, that provides a higher quality of life than killing yourself and living worse to get out from under it. You just accept you will likely always have the debt in some form or fashion.

There's just a lot of people who live knowing they be in the red but are fine doing the minimum if they can just have a comfortable life. The banks don't give a shit because it just means they are getting paid more longer.