In reality, it will take longer for the doc to "catch up" for the following reasons: It takes about 27 years for a doctor to approximately equal the lifetime earnings of a UPS driver working as many hours as I did to become a doctor, then practice medicine.It takes about 18 years for a doctor to approximately equal the lifetime earnings of a UPS driver working full-time.Students may make small amounts of money while in college, but this (and much more) is immediately spent on tuition, fees, books, supplies, and other college expenses. We will begin looking at total net income for physicians at year 8, once they graduate from medical school with an average debt around $100,000. Let's analyze how this affects their net income. So UPS drivers are being paid while those who aspire to become doctors are paying for the privilege of pursuing their dream. In fact, doctors typically incur substantial debt to pay for college and medical school. ![]() ![]() In contrast, a would-be doctor requires many years of education for which he is paid nothing. Thus, a person could begin working for UPS immediately after high school. Just wait.Īccording to information given to me by a UPS representative on May 13, 2005, UPS drivers require no specialized education. The average physician income is usually quoted as being $160,000 to $200,000 per year, so it may seem preposterous to claim that UPS drivers can earn more than doctors. News & World Report said that UPS drivers earn $60,000 per year (my UPS driver said that he earns $85,000 per year circa 2009). For example, who would think that a UPS driver or auto mechanic could earn more than a doctor? Probably no one except me and, in a few minutes, you, too. However, I will demonstrate how people in seemingly much less lucrative jobs can outearn doctors. Kevin Pezzi, MD: The cliché about rich doctors is so well-known that it verges on redundancy in the minds of many people.
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