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  1. #1
    tasha_06 is offline Junior Member 510 points
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    Salary range during residency

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    I was wondering what is the typical salary range during residency. I understand it must depend on the field of medicine, but what are the typical ranges? Also, is one required to start paying loans during residency or once you start practicing.

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    Diegodoc is offline Permanently Banned
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    Most residency salary is pretty even across the board. It does not matter what specialty you go into, it matters more what city you do your residency in. For example, a resident in New York may make more than a resident in Iowa, simply because new york has a higher cost of living. Most residents start around 45K per year, and your salary goes up slightly every year of training. You are not required to pay student loans in residency right now, however there is alot of legislation going on right now to make it impossible to put loans in defferment while you are in residency. Your only option then is forebearance, which essentially means that intrest is accruing on on your loans for the entire forebearance term. Also, many lenders have a time limit to the length of foreberance. Hope that helps

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    Gator98MD is offline Senior Member 518 points
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    Actually there can be quite a range of salaries across the board. As the above poster mentioned, however, it has more to do with where you do residency and not what residency. Big cities tend to pay more to account for cost of living, but you would be surprised whats out there. The best thing is to use the FREIDA website where you can research individual programs and what they offer.
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    It seems that most salaries hover around the 40K range, give or take a few. And yeah, it does depend on where you are. for instance GA will have salaries in the high 30K and low 40's, and then Hawaii is in the high 40's. But that high 30K dollar will stretch a lot further then the Hawaii $
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    singer is offline Elite Member 511 points
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    your forgetting other items

    Actually my son recived a 10% increase in his second year of residency but it is still "minimum wage " for the hours he puts in.

    It is also important to look at the benefits. Most of the residencies offer various types of insurance but some pay the full amout while others make the residents contribute a portion. Some residencies offer free parking, pda's and in rare instances subsidized housing.

    These alll could be factors in which residency you want to rank in your top list.
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    jim
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    i remember the first day of orientation. they told us our salary, we all smiled, then they said what it was if we worked teh full schedule for the week,a nd said the average Taco Bell employee was making more. nobody smiled then.

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    Yarbrough_PBL_Professor is offline Permanently Banned 510 points
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    Quote Originally Posted by brob311 View Post
    It seems that most salaries hover around the 40K range, give or take a few. And yeah, it does depend on where you are. for instance GA will have salaries in the high 30K and low 40's, and then Hawaii is in the high 40's. But that high 30K dollar will stretch a lot further then the Hawaii $

    Really, I was hoping that it might be around $100 Billion dollars. But then again only PBL_Professors can make that much.

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    brob311 is offline Senior Member 510 points
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    Only PBL proffs that write books
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    Chianti is offline Senior Member
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    At my program 3rd-year residents and 4th-year residents make $48k and 49k, repectively. But we can start moonlighting in 3rd-year, and almost all the 3rd and 4th-years made close to or over 100k last year.

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    vahe99 is offline Member 510 points
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    check on FRIEDA

    ama-assn.org/vapp/freida/srch/

    edit: apparently i can't post links until i have 20 posts, so just copy/paste the above "link" and voila

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