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by cimmanom 2981 days ago
Engineers do make as much money as GPs. Just not as much as prominent specialists and surgeons (unless the engineers themselves are experts in a high end specialty). Plus engineers don't have to take on hundreds of thousands in education debt or sacrifice the first 10 years out of college to unpaid or low-paid training.
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The distribution of an engineers income is quite wide, whereas almost all doctors are $200k+, with (if I extrapolate from my network) many in the $400k+ range. The only people I know making that much who don't have their own businesses are lawyers/finance/programmers in the big cities. Also, doctors have historically made a lot of money, while computer engineers have only recently started making that kind of money.
Very few doctors make that kind of money until they are in their late forties.

Also, do remember that the doctors that do make that kind of money, have student loan payments on $250k-$500k loans

Maybe I'm biased towards doctors in bigger/richer cities, but when I'm looking for investors, my first stop is doctors. Even the loans of a few hundred thousand are no problem for them to slay, especially since many get married to other similar high earners.

I don't know the most reliable sites for stating pay for doctors, but in my experience these numbers are accurate:

https://careertrend.com/starting-salary-doctors-right-out-re...

http://time.com/4408807/surgeon-salary-how-much-doctors-make...

I would not put much stock into those numbers - for example, they are not even remotely close to who makes the highest - those are going to be neurosurgeons who start at over $250k and within a few years make close to a million - those numbers however should not be used for anything meaningful as there are so few of them.
Doctor pay doesn't tend to grow all that much over the course of one's career. Their specialty is the #1 determining factor of pay, hands down.

https://blog.doximity.com/articles/doximity-2018-physician-c...

Reading HN comments, you’d think that all software engineers make 200k+ (and drive brand new Teslas and have supermodel spouses). Even in the Bay Area, median salaries are in reality in the $120k range, plus equity that can vary from $0 to who knows. $400k is for outlier employees of outlier companies. The vast majority of us are not making even close to what doctors are pulling down.
Yeah, but we still get to have the super model wives right???
Engineers don't have med school debt, which is a huge factor in MD pay (the number of doctors I know who think about financial decisions in terms of loan payments is staggering).

Also, one of the other cited professions, professors, are paid considerably less than that.