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This blog discusses the comparative educational rates of return for physician specialists versus primary care doctors. It highlights that while specialist physicians enjoy higher return rates on their educational investment, these rates still fall short compared to those of lawyers and individuals with MBA degrees. The analysis uses an hours-adjusted annualized internal rate of return over a working lifetime to illustrate the differences, providing insights into the financial impact of various medical and professional degrees.
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11.5b | Physician specialists have higher educational rates of return than primary care doctors have, but these rates are lower than those for lawyers or for those who have MBA degrees. Hours-adjusted annualized internal rate of return on educational investment over a working lifetime blog.american.com