Becker's Healthcare December 31, 2024
Medical school debt has increased by 268% over the past 40 years, outpacing the increase in surgeon salaries almost 10-fold, according to a study published Dec. 11 in the Journal of the American College of Surgeons.
Researchers from the University of Alabama at Birmingham analyzed data from the Medical Group Management Association and the Association of American Medical Colleges to determine if surgeon compensation has sufficiently accounted for rising medical school debt over the years.
Here are five notes from the study:
- In 1984, the median general surgeon salary was $111,287 and the median medical school debt was $22,000. These figures would represent an adjusted 2019-equivalent median salary of...