Tag: finances

The Financial Implications of Private Practice vs. Academia

(This post was originally written as a guest post for Richer Life DVM. If you haven’t read her blog, you should. It’s a great resource about finances for veterinarians. And if you didn’t read it there first, it’s new to you!) In discussions among academic veterinarians attempting to recruit a new faculty member, salary is

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How to Manage Student Loans

Higher education has become incredibly expensive. There are many reasons for this, including expanding administrator numbers and salaries, declining state support, schools expanding offerings to compete for paying clients (students), and a bubble for student loans. Regardless, you want to go to vet school (or are in vet school) and need to figure out how

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You Can Live a Lavish Life on an Academic Salary

One of the most common complaints I hear about academia is that the salary is lower than private practice, sometimes substantially lower. While this is factually correct, I have never understood this argument. Most academic specialists make at least $100k a year, sometimes quite a bit more, which is way more than you need. Then

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