great article re specialty choice & debt/salary

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Fiona Gispen

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Nov 18, 2012, 9:03:53 PM11/18/12
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Hi guys, found & attached an awesome article about specialty choice and money. I was wrong- turns out money does seem to matter quite a bit!

"Our results, not surprisingly, found that money really does matter.  Whether its impact is analyzed as that of anticipated debt, anticipated income, or the self-rated importance of income, in each instance, higher values on the outcome variables studied were associated with the choice of a higher paying career rather than one in the lower-paying PC fields."

Interesting points:
  • First year students pursuing high paying non-primary care specialties anticipated 1) significantly greater debt than those pursuing primary care 2) higher income after graduation.  They also placed more value on income.
  • Fourth year students had this same profile.
Interest in PC over time: "Switchers vs Sustainers" (students interested in PC at year 1 either remained interested in PC at yr 4( sustainers) or changed to HPNPC specialty at yr 4(switchers).
  • Switchers anticipated significantly more debt at yr 4 than did sustainers.
  • Switchers were more likely to report than income was an important factor in their lives (though at year one, switchers and sustainers placed a similar value on income -- when they were all planning to go into PC).
  • At year 4, sustainers actually placed a LOWER value on income than they did at year 1. **
**There's an interesting discussion of cognitive dissonance on pg 989 that attempts to explain this change in valuation of income among the 2 groups.

Hope you guys are having great nights!
Fiona

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Fiona Gispen
Johns Hopkins University School of Medicine 
M.D. Candidate, MS I

payback time.pdf

Sneha Shah

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Nov 19, 2012, 11:39:39 AM11/19/12
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This is awesome Fiona!

Are you all free to meet tonight? I put up a few ideas for how we could structure our draft on the google doc, let me know what you think/feel free to edit. I have another meeting at 7pm, but I can meet either before (between speaker series and 7pm) or at 8pm until whenever.

Best,
Sneha

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Fiona Gispen

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Nov 19, 2012, 11:46:22 AM11/19/12
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I've actually got speaker series, then an associated reception and dinner until 9ish.  I can meet after this if necessary.  So sorry for the super-busy schedule!


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Sneha Shah

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Nov 19, 2012, 11:54:25 AM11/19/12
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Ok, why don't we meet at 8pm in Ameb, and Fiona just come when you can?

Best,
Sneha

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Juliana Macri

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Nov 19, 2012, 12:09:03 PM11/19/12
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That works for me! Thanks guys. Also excited about Fiona's survey responses!

Sent from my iPhone
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Juliana Macri

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Nov 19, 2012, 7:37:46 PM11/19/12
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I'm in room 342 whenever you all get here

Nicholas Culbertson

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Nov 19, 2012, 7:40:03 PM11/19/12
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I'm there too...virtually. 


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Juliana Macri

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Nov 19, 2012, 7:49:04 PM11/19/12
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your presence is reassuring as always.

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