HOW MUCH DENTISTS MAKE VS HOW MUCH WE OWE IN DENTAL SCHOOL DEBT

[@drticzon]

As I approach my 30th year as a dentist, my advice to you is to start you retirement account right away. Cut cost where you can. Delay buying a fancy car. Pay down the debt and put the maximum you can into your retirement account. My wife (also a dentist) and I started our retirement by the 2 year of starting a practice from scratch. Now she thanks me that I forced ourselves to contribute the maximum for retirement while we drove a older car and we usually ate at home. I have heard too many stories of dentist in their 50s who have not started their retirement account and can never afford to retire. Meanwhile, we paid for private education for our kids and we paid for all the tuition for a Ivy League education for both kids (we were blessed they both got accepted). It was a priority to us and we made it happen. Remember, “ Don’t keep up the Jones. What you see is not always what it seems.” Best of luck to you.

[@OmarAbdulMalikDHEdMPASPACPAPro]

This is some of the BEST advice EVER!👍🏾

[@chelseawilliams8493]

Thanks for the advice!! I start dental school next year.

[@Schopenhauerscn]

You are the prototype of The Millionaire Next Door.

[@tsumardi]

medical/doctor/pharmacy/bio-chem/etc is one of the degree that worth it going to university. I'm one of unlucky one going to great univ and choosing computer science. high in debt , competing in saturated field with most of my peers making the same money with no college degree at all. Yes, I keep up with technologies but can't keep up with tech certifications. Tech moving so fast, university can't keep up, still teaching calculus, chemistry non-sense while the industry need certifications. Tech companies valued certifications and code portfolio (github) than 4 year degree even master program is outdated.

[@JK20239]

Doesnt keeping up with the joneses also apply with private school ivy league? Choosing that over a state school means paying more for the same.

[@cardiacmyxoma4073]

I love how you're so straightforward; like other dentists/doctors would never share their incomes but you're different, you talk about things that actually matter. Thank you!

[@akathetruthteller]

yea stop it. ur a russian asset.

[@twincherry4958]

I mean at least be a Dr. not chiropractor, dentist. Be an anesthestogist* or surgeon.

[@twincherry4958]

@Joe Kinchicken #savage

[@tommy13965]

Joe Kinchicken you must be jealous you can’t get a tan you turn red like a chili pepper.

[@FlaThunderstorm]

@Joe Kinchicken She is of Korean ethnicity if I'm correct. And, that is why she has Asian eyes. Very strange giving advise on medical degrees and then criticizing her eyes. Very strange.

[@bethanywilhelm8451]

Thank you for being so transparent! It’s hard to find videos like this where the person is straightforward about things. Thanks again!😊

[@walmariegarcia4384]

Ughhhh I love how transparent you are.

[@tubqhe]

Dave Ramsey's suggestion would be to live on the $40k and pay $100k a year towards student loans so that you can be free of student loan debt in 4 years. Live like nobody else so that in time you can live like nobody else.

[@ToadLicker10]

Dave ramsey doesn't account for taxes on incomes.

[@CNT536]

Vote for Bernie Sanders and he will wipe out all student debt by taxing the wealthy.

[@CNT536]

Jasmine Sofia most people who sign up for loans did it right after high school when they did not know anything and were asked to sign. You can either blame the students for taking it out, or you can have empathy for their situation... understand that when someone applies for a loan as a young adult, they do not understand the nuances in the pay of the career they are entering. In my case, I owe $508,000 from medical school. Medicine didn’t work out and I am not practicing medicine or able to work. Based on your logic, I shouldn’t have taken out the loans and tried taking a shot at medicine. Seems like you feel that people in these situations should be punished for life. Keep defending the rich, fuck the poor.

[@ToadLicker10]

@@CNT536 America should at least enable students to file for bankruptcy on these loans. People can file for bankruptcy on cars,boats, and whatever personal goods they want to buy. It's time to allow students the same privilege similar to how businessmen can reset after a failing company. I don't understand why students can't. Maybe if they could creditors would think twice about loaning hundreds of thousands to 18 year olds.

[@CNT536]

Jay Ken the reason that students can’t is because the laws are written that way. The reason the laws are written that way is because lobbyists are hired by these companies, and they are able to bribe politicians to pass laws that benefit them (and hurt normal American people) The key is to vote these corporate assholes out and get guys like Bernie in The jasmine person in this convo deleted her messages, most likely because she did not like to be exposed that she was wrong.

[@throwdown47]

I am a dentist 2 years out of school. Great insight to the other aspiring and young doctors. Luckily I chose military practice so I will be debt free in 2 more years.

[@JeremiahRaem]

Air Force or Army? Can you share your experience I am also highly interested in this path. I’m still in undergrad and graduate next year.

[@Mamuမးမုၣ်]

Yes, please do

[@seanaslany2226]

but don't you have to be in contract with them for sometime ?

[@JeremiahRaem]

The Brown Sean from my understanding for every year they pay for your schooling you will owe one year of service. So, 4 years of service in exchange for 4 years of schooling paid for.

[@jayrider2726]

@@JeremiahRaem years ago it was only two years

[@reh604]

As a dentist and practice owner myself, I would encourage any considering this profession to think twice about it. Managing patients, staff and the business side of it all is a continuous headache.

[@DrWendy]

agreed!!!

[@thelobb]

Plus these practice management places make you treat very aggressively and fill anything a diagnodent beeps at. Yeah case acceptance is bad when patients figure out what's up

[@briansurfer8625]

That’s every business. But I hear ya.

[@shayan1702]

What would you have done different ??

[@alexarihani2902]

I took a military scholarship and think about staying to get the pension so I don't have to deal with the headaches.

[@magnum0173]

So 400k is only student loans. Keep in mind that doesn't include house mortgage, car loans, plus other expenses. That's insane.

[@captainchaos8032]

Lets see a chart of that, if you can make a monthly/yearly one.

[@Sesamestreet9080]

Hector Martinez you’re assuming that’s what she does. In reality doesn’t do that and people love to upgrade their lifestyle once they get a taste of that type of money

[@christiansoldier77]

magnum0173 If a dentist lives on the bare minimum for a few years they can knockout their debt easily

[@Sesamestreet9080]

Christian Soldier sadly that’s not reality for most. People love to live better lifestyle when they get more money and put debt in the back of their mind

[@user-lu6yg3vk9z]

No really half goes toward taxes

[@BK-mk3vi]

Dental school tuition is absolutely insane! Thank you for your honesty and keeping it real. The information you provided was very useful.

[@JK20239]

180k is not going to pay off 400k with ease. After taxes, your at 130k. Interest on a 400k note is 26k. To even tackle the principle in 10 years, your down to 60k. You would have to live on bare minimum. Super difficult

[@DrWendy]

pretty much

[@cinderea]

By living off 50k, 80k is tackled every year. Very doable for 5 years. Then glory you have all the money forever. People pay mortgages in 6 years

[@ggotay5199]

WendyCinderea you are forgetting interest.

[@emmacat3202]

@@cinderea I would love to live on 50k a year.

[@tastetravelcuriously2531]

@@DrWendy same boat... but rph LOL dead dead PAYE, invest invest!!!

[@bruhhmomentumm]

This is something rare to see. And I'm glad to see that someone's willing to talk about salary.

[@Darryldlowe]

Some people don't talk about salary on KZbin because you might get paid more then your coworkers

[@Darryldlowe]

@Just another Bird no

[@RoniBlackmon]

i love you. these are things they don’t tell us about going into dental. they make it seem like rainbows and butterflies. please continue with these. ♥️♥️

[@DrWendy]

thanks!!! it's so true people need to open their eyes to reality haha

[@LordLoMR2]

I made $220k as a new grad. Lol. Secret here is to apply when there are less dentists applying for jobs - you have more negotiating power. ;)

[@yoleeisbored]

congratulations! wow. what state are you working in? amazing

[@vickyandersen8660]

How do you know when there’s not many people applying?

[@sevy12006]

What dental treatments do you offer?

[@katiedeleon]

Not looking forward to that dental school debt! Thankfully Texas has some reasonable tuition compared to other schools! I start school in the fall!

[@DrWendy]

congrats!! best of luck

[@katiedeleon]

Dr. Wendy thank you! 😊

[@beenice9581]

Good luck!!😁

[@Brains-vb9yl]

Congratulations Katie!

[@katiedeleon]

Jully Mahida i was a biology major, but I’ve heard of other people having nonscience degrees and they still do well!

[@jaypaulhwang]

I'm a graduating dental student. Thank you for the video

[@thefordguy5596]

jay hwang luck you, was it difficult?

[@cerealis_5432]

How’s it going? Are you enjoying dentistry?

[@jaypaulhwang]

@@cerealis_5432 It has ups and downs. Overall, I like it. Consider specialties if you are a dental student as the GP market is competetive.

[@yoleeisbored]

Congratulations man.

[@damn671]

I’m 31 years old. My house mate is 33 years old. We live in California. I did not go college. My house mate went to Stanford University. I make between 100k - 120k a year selling stuff on eBay and Amazon. He makes about 85k as a resident Doctor. I have $0 debt. He owes over $300,000 in student loans. My point is, college is a RIP OFF. It is not needed for someone to be “successful”.

[@DasniWater]

You don't need college to be "successful", but I'm pretty sure everyone wants their doctor or dentist to have gone to college to receive adequate training and education.

[@damn671]

DasniWater Of course. Professions like dentist, physician, surgeon, etc, you need proper education... my point is college rips off students. Education mandatory or not... college degree does not guarantee success

[@mitchellmimier5004]

Residents don't make 85k, more like high 60's in CA. Also, when he graduates he'll be making 200-250k+, depending on where he lands.

[@harvestingseason2725]

@@mitchellmimier5004 yep, that's clearly something he's not taking into consideration

[@---dc1nw]

Thank you Wendy for the videos. I will be attending dental school this upcoming year and the tuition for my school is about 90k a year so I'll be out with around 500k in debt. Your info on the outlook of employment was helpful. Can't wait for your next video.

[@DrWendy]

glad it helps! good luck :D

[@cerealis_5432]

How is dental school? Is it difficult? I hear the first year is the hardest with the heavy workload. I’m a freshman in college and seriously considering pediatric dentistry but I’m not sure I want to own my own practice or go to school for 10+ yrs

[@BgirlSakura]

@@cerealis_5432 it varies depending on what school you go to and their curriculum, but from my experience and friends from other schools, your first 2 years will be mostly class and lab based. You’ll be hit with a lot of science classes at first to set a good foundation. Once in a while, they’ll send you up to assist the upper classmen so you can get a feel for clinic. 2nd year was the worst for me because of the amount of classes , lab projects and NBDE board exams. That will probably be different for you since they have decided to integrate NBDE pt 1 and 2 together now . 3rd year will be about 50/50 in class and in clinic seeing a patient. 4th year is almost exclusively in the clinic with a couple of random classes here and there. Overall, there will be a lot of stressful times but it’s definitely doable. Make good friends, help each other out , and the 4 years will breeze by before you know it.

[@ashleybowen3805]

Yasss another video!! Please do a expenses/budget video. You are awesome

[@DrWendy]

thank you!!!!

[@Rachel-ul8et]

I suggest you go into private practice as soon as you can. You have a lovely bedside manner and your patients will love you, and send you friends and family. Treating family’s, friends, and seeing them over the years is a wonderful life. You also can have autonomy to do the dentistry that they need. When you work for someone else like a corporation it isn’t the same. The more personalized dentistry is, the better. Moving after a rapport has been established is a real loss to both parties in the doctor-patient mutual trust relationship. Cherish and nurture that.

[@anthonyromano6921]

The issue is getting into the cheaper schools. State schools are way more competitive to get into.

[@jbarah05]

It’s kinda funny how this pop up on my feed. I got made fun of because I decided to go the IMG route for medical school. I’m dual citizen and decide to go to my parents home country of Mexico. 40,000 dollars for 6 years of medical school. scored 250 on my step one and currently doing my residency in Texas. Meh I feel for you guys

[@Starfishxoxo]

What's img?

[@sara215]

Med student who is an American who chose to go to med school abroad. It is very risky bc they have a 50% match rate into residency vs 90+% for md and do students Although most imgs go to Caribbean’s and have worse grades who probs can’t get a 250 in the first place on step 1 so this def rare circumstance

[@user-lu6yg3vk9z]

International Medical Graduate

[@hrhbrjr281]

**Dave Ramsay has entered the chat**

[@GarryPatricio]

Definitely a monster looming over your life --> grad school debt. It definitely has helped get me over the 6 figure mark as far as salary is concerned though. I guess you just take what's manageable and don't have overly optimistic hopes of post-grad income. Great video Wendy! Thanks for posting!

[@captainchaos8032]

I have a friend that's a pediatrician, she got out of debt really fast with these easy steps. 1. She got a few DR. friends to write up medical evals to declare she was a cronic cripple. (which kind of bars a person working in the U.S). 2. She got a job in a foreign country overseas. 3. Got a few citizenships elsewhere and moved out of the U.S, and ended her american citizenship.

[@wendylee2744]

This is why I never went to dental school. Did an Masters in finance and first job landed $110k. Had only $120k student debt and making $240k now. Problem with dental school is you are really stuck in only one career rest of your life. If you do a leading Masters degree or top MBA then there are many career choices you can swap to.

[@tmcc6847]

Woah

[@yudelleanlisatajirikenyana4519]

You should do a video about your experience too Sounds interesting!

[@kawaiikoibito3268]

Great! But you're gonna always need a dentist to go to just be happy you found something FOR YOU

[@danieliusrutkauskas9765]

Wtf?? In Lithuania the average is 27k for your degree Edit: per year

[@ricardorodriguesrr18]

Wow interesting. What was your undergrad major? What kind of experience did u have before your Masters ?

[@Mayochup191]

I always keep coming back to this channel for the realness! Thanks Dr. Wendy.

[@DrWendy]

awww thanks so much :D:D

[@geralddery1060]

Hello Wendy, Great insight for the younger generation. Okay I will try to keep this short. The cost of school today is truly crazy, BUT if you get your typical job paying 130-180 per year you can pay off that debt in 5 years. Obviously you need to live below your means (which the younger generation has a hard time doing). Live with a roommate, drive an older car and before you know it, you are debt free. At that point you then have the decision to save for your own practice or to continue being an associate (contractor). Here in CA, there are Dentist everywhere (disclaimer, I am not, but my wife is). You have to be willing to work for several different companies/offices and you have to be willing to work! Now with that being said, my wife is making the same amount as she did eight years ago. Which means, the more Dentist available, the harder it is to raise the bar for base pay. BUT making a minimum of 130K here in CA (if you work, it is impossible to make less) is nothing to sneeze about if you are smart with what you do with your money. So yes, go to the cheapest school, but once out, you must be a go getter and make some money. Live less and in five years you can live anyway you desire!

[@emmyknowsbeauty810]

Thank you for your advice I took a screenshot shot of your comment.

[@JohnLee-qn4nb]

Dr Wendy, thank you for your honesty and openness about the dental profession, especially about the debt and the “glamour” of dental practice. Unfortunately your videos don’t garner the number of views that they deserve. Dental schools continue, as they had in the past, to prey on the ignorance and lack of financial literacy of these young aspiring dentists about the realities of graduating with so much debt and the detrimental impact on their lifestyles. There is another vlogger who is currently a USC dental school who commented on dental school debt. I was appalled when she described how she was told during orientation by the financial director that “it’s going to be okay.” As a USC dental alumni, I can safely say that taking on the debt was one of the worst financial decisions anyone can make. Again thank you for your videos.

[@DrWendy]

aw thanks so much for your feedback!

[@N0T0R1OUS]

The transparency earned my sub! Thank you :)

[@Foreverizzy5]

I think it’s so important for people to spend less on their undergrad. The name on that degree does not mean anything.

[@annamapili]

Thanks for being transparent, Dr. Wendy! Looking forward to more videos 💕

[@DougMPA]

I wanted to be a dentist when I was younger but didn’t go and went into policy and government instead. Love your channel.

[@st3v3nb915]

Dam that’s expensive . I even think about it twice on getting a 50k debt

[@MakingMackenziee]

Great video! Very direct & to the point! The title was accurate, + you gave us so much more info! Thanks

[@NukaColaWarrior8434]

Gotta become a drug dealer in order to get a good degree/job

[@jayrider2726]

I know someone who went into the United States Air Force as a dentist officer for only 2 years and they paid his FASA debt. The funny thing is he didn't like the military and really didn't enjoy it.

[@mikemassino]

When one is in the military it doesn't matter if you don't like it. You still have to do it. And no whining either.

[@itakunaiix7092]

thank you for the honesty and information! I am in between the DAT and MCAT and im not sure which way to go. Hopefully whatever I do leads to a good, happy life!

[@kevingodinez3733]

Itakunaii x hey any updates?

[@cerealis_5432]

What did you end to choosing?

[@bluethunder9102]

?

[@harithajupudy8603]

i love your videos so much! can't wait for the next one following this topic because no one talks about this stuff when its so important to!

[@DrWendy]

haha agreed!!!

[@robg2347]

Hi Dr.Wendy, Iam new to your channel and found it to be interesting. I love how transparent you are and how you take the time to explain things. Looking forward to watching more of your videos and maybe answer questions if I have anything I need to know.

[@RashaadRahh]

Wow insightful

[@pigsnack]

Learn to code. Six figure + income and zero debt. But I absolutely appreciate my dentist. She is taking over her father’s practice which speaks to one of your points in regard to opportunity.

[@chaffls8786]

I’m still waiting on that video you mentioned you would upload! Love this❤️

[@warrenandyiching]

Can I ask why you didn't go to dental school in Canada and then come down? Twenty years ago, even though I really wanted to go to the US, I decided to stay at McGill and attend medical school there for next to nothing. As a result, I graduated with no debt and came to the US for residency and practice. I felt I got the best of both worlds. Thanks for sharing your story!

[@frankish5314]

This is why I go to the Philippines once a year and everything (including cleanings) done there and pay out of pocket and get great care for pennies on the dollar.

[@ADFDGGE]

yes exactly , turkey and colombia as well , 70% discount compared to USA ... just go for the best clinics abroad.

[@xandroid87]

So ironic as most of the top dentists and doctors in Philippines are US university graduates. 😂😅

[@yoleeisbored]

what about Molar city in Mexico?

[@LaCajunWash]

I took my $400,000 student loan and went to the casino to place in all on black in Roulette. The pitboss came over with bodyguards to signal to the dealer go ahead. It landed on black and security had to escort me to my 98 beat up civic but insisted I stay the night provided a complementary sweet on the house, I said no thanks, I want to go home... btw, I made all of this up

[@aacc2216]

Lmao

[@ninjaslash52_98]

Imagine though

[@yulia1sel]

Hello Wendy! I'm also Canadian student hoping to go to US dental schools. How diversely did you apply and how hard did you find the process of getting accepted? Thank you for your videos!

[@bgates275]

I don't care how much you make. What is more interesting is how much you save, working an average amount of hours, after you pay your taxes, student loan, housing, car bills etc. ? What is your lifestyle like now, in your current position? I mean dentistry can be lucrative, but I could see a point at which the opportunity cost is no longer worth it, especially if the actual work is also really stressful. I think that point has already been passed in some professions like law.

[@jchangmcg]

Another downside of DSOs is the high number of DHMO insurance plans they accept. Someone does have to accept these insurance plans I guess, but you end up doing high volume and risk burning out physically and mentally. I was even a clinical director for a DSO for a year and a half and did not like the amount of pressure and sales tactics the corporations wanted to implement in our region. I finally took the leap and just opened my own practice 3 months ago. It’s a lot of work but I love the autonomy I have. The downside is in most cases you’re taking on more debt. I was fortunate enough to go to an in-state dental school and my parents also helped me out some. Anyway, great video and always love hearing from other dentists!

[@DrWendy]

thanks for your input!!

[@jackandamy]

Thank you for the video. I have a one question. What do you think about idiopathic pulmonary fibrosis? The number of dentists treated for idiopathic pulmonary fibrosis (IPF) at this Virginia tertiary care center was about 23 times higher than expected. Is that true? Hope it’s not true... please let me know what you think when you have a chance. Thank you.

[@PInk77W1]

I’m a high school drop out and have zero debt. I have a pension and a paycheck.

[@bettysmith4527]

But, how much do you make a year? I have a college education, no student loan debt, and make 96K a year.

[@PInk77W1]

B C I made $31,000 last year. I will make $45,000 this year. I’m happy for you. I’m sad for those like u that have $100k or $250k student loan debt. Or like the mom I heard who has $369k student loans for her two sons. Good luck.

[@thary6]

I really appreciate this. I just finished my undergrad. I’ve been contemplating between dentist school vs. pharmacy school vs. med school. Originally, I’ve always wanted to go to pharmacy school however I’m really considering medical and dentist school. Pharmacy seems to have a gloomy outlook. I never really considered dentistry bc I felt like no one likes doing to the dentist and I wanted to do something that helps and makes people happy. But I’m been looking into cosmetic dentist and it’s really wavering my decisions.

[@DrWendy]

it's a tough choice for everyone! I will try to discuss this in an upcoming video. thanks for sharing :)

[@billrussell4832]

Dentistry is ok, pharmacy is saturated, med school is harder, longer, and competitive. Choose what makes you happy. Best of luck.

[@Patternlogic]

My advice is to avoid healthcare in general. But if you had to choose amongst those three pick the one that you know will give you the most fulfillment and you have to pay the least amount of student loans.

[@jenGeeJushawshee]

Bill Russell pharmacy is NOT saturated!!!

[@oof6052]

@@jenGeeJushawshee unfortunately, it is. And the job outlook is not super.

[@DK-ox3ox]

I work at a college that has a Dental school and interact with many of its students as part of my job as well as a patient. One option that future students might want to explore is the military. Each branch has programs that will pay up to 4 years of dental school. You have to join the military first and get accepted to dental school before you apply for the scholarship program. Obviously one has to have an undergraduate degree before they can pursue dental school. One student I know worked as a Hygienist for a few years before deciding to pursue dental school. She joined the Army and because she was already a college graduate she held the lowest officer rank, I believe 2nd Lieutenant ( correct me if I'm wrong) she got accepted at dental school but because of timing she missed the cut off date to apply for a 4 year scholarship so she applied for the 3 year. Only issue with that is the ones that didn't get a 4 year scholarship get placed in the pool of candidates for the 3 year which made it more competitive. But she got picked for the 3 year scholarship and her job in the Army was to go to dental school. They pay 3 of the 4 years plus she received monthly living expenses. When she graduated she automatically gets promoted to the rank of Captain. I believe she has to make a commitment to the Army for 3 years maybe a little more. But she doesn't have all that debt and she gets a lot of experience. The military isnt for everyone but its an option one should look into. Obviously there are certain standards that have to be met like grades and you don't have a choice on where you want to be stationed once you graduate. Another student I know rejoined the Army to pursue dental school and she said, in her words, "I won the lottery" because she got a 4 year scholarship. We also have several students in our medical school that are either currently enlisted or are planing to join the service after graduating and take advantage of programs that will pay off a good chunk of thier debt. As I said the military isnt for everyone but for those who have what it takes it certainly can make a big impact as a new dentist, doctor, nurse and PT and OT.

[@mariodesmo]

You're very wise and have a very good understanding of living in the real world. Paying off loan(s) should be the first major thing to concentrate on once working. Eventually, the other things in life will come. Too many times you see young graduates starting a career and spending their earnings instead of paying down their debt and saving for the future. You'll do well, and you have a beautiful smile! Who's Your dentist? lol

[@matkins6813]

Nice smile, you can get a job modeling it, and fits your profession.

[@김동준-t9p]

You ok bro?

[@yoserivera03]

I love your realistic point of view! Thank You!

[@DungNgo-fv8xm]

You are amazing. Keep doing you and continue pursuing your journey :')

[@billrussell4832]

*Aspiring dentist here🙋‍♂️.*

[@Stoneface_]

Bill Russell good luck

[@mrTop-ik6zt]

In the netherlands it cost around €15.000 to be a dentist. €2500 per year. But it is difficult to get into. And the start salary is €42.000 and the average income is €99.000

[@pikusarker1359]

Can dentists earn 200k euro in netherlands?

[@walterthorne4819]

Great presentation ! Thanks for rhe information on both patient and doctor dental economics . Your smile is as beautiful as you are.

[@cair4742]

How much do you pay a year for student loans? Dentists make an average of $164,000 a year, but what is the take home pay actually like when you are paying student loans? $100? $60k?

[@peachesasmr9366]

this is why going to the usa as a canadian is crazy....dental debt here is around 80k for dental school around 40k undergrad....jesus amercia.

[@xAiLOVEux]

please make more videos!!! i love you and your honesty about the reality of this career

[@DrWendy]

thank you!! I will try :)

[@anitaknight3915]

@@DrWendy I love your honesty. Did you truly have a dream of wanting to be a dentist but learned all the negatives of the profession once practicing OR did you kind of study dentistry because of the pressure from your parents?

[@gatorbuilt]

Life Lesson: For those whom work on a SALARY basis, you'd better ask HOW MANY HOURS you'll be working...as a Construction Manager I make some good money, but the hours can be brutal, and frankly not that impressive when you figure it all out. The days of the 2080-hr work year(5 days x 8 hours x 52 weeks) are long gone...more like 2600 hours MINIMUM(5 days x 10 hours x 52 weeks), and likely working a bunch of Saturdays, even Sundays...meanwhile the FLSA(Fair Labor Standards Act) allows a company to dick a salaried/managerial employee...imagine working 20-25% more hours FOR THE SAME PAY, while your hourly folks are getting OT? Just food for thought.

[@dyaonna]

Learn a new skill set

[@gatorbuilt]

Why?...I make 6 figures...can build ANYTHING(professionally licensed in multiple states with UNLIMITED CAPACITY), including a home or business that the typical buyer pays between 25-50% mark-up, and I can maintain them at COST(I.e. I design, build, manage the process and collect the profits, that's getting paid FOUR TIMES per project possibly)...try searching Senior Construction Project Manager on ANY job board and ask yourself what dumbass would post an ignorant post like yours...I get paid base, bonus, per diem, expenses and then some side hustles when I just wanna design or actually use my hands at MY CONVENIENCE, not necessity...like any PROFESSIONALLY LICENSED individual I have to complete CONTINUING EDUCATION, in addition to having to stay abreast with new methods, techniques and materials...and when you graduate from the BEST School of Construction Management in the WORLD- as I did- you'll be fending off dozens of calls, messages and emails for years like I have since 1994...GTFOH with your silliness...guaranteed this lovely DDS Dr. Wendy will be paying a contractor LOTS of money for her home and business some day, and be happy to do so...what exactly do you do, DYAONNA, do tell..do you live somewhere? Drive on Roads, have a place of business?...yeah, you paid someone like me. My skillset sits on top of ANY "BEST PAID" careers on ANY list...wanna hear about my Computer skills, Combat sport skills, musical talent(multi-instrumentalist), multi-language...do tell, ya '5-word troll'... LOL...it's raining on my project today, so g'head, if ya got the chops. Bring it, fool!

[@harlonturner8329]

dyaonna its amazing how offended he got from your suggestion.

[@dyaonna]

Yes it sounds like he is close to burn out better to get out now but hey what do I know lol

[@gatorbuilt]

DYAONNA: Just gonna act like I don't see these passive aggressive messages...the world sees your cowardice...must be related to Harlon. But, to answer your question...you know NOTHING of the real world...GET A JOB, loser! Only weak fools burn out...then fade away...you're 15 seconds of fame has flamed out. Move along, while us adults make a living...a GOOD LIVING. Friendly reminder: I MAKE A GOOD LIVING because I gotz SKILLZ...lots of them! Still waiting to hear what brilliant career path you and Harlon have chosen. Ya need a nickel to buy some punctuation? Better getcha some grammar and syntax lessons...you'll look like a(nother) dumb millennial with your run-on sentences and vacuous posts when your resume reflects a basic lack of command of the written language and how best to communicate effectively in written format...just sayin'...no charge for that bit of advice....type of guy I am...get to work, slacker- err- millenial. Best of luck

[@pennywenster]

Thanks for being so honest and open about this. Very helpful! Any updates on your debt payment journey? Graduating in may and wondering how I should tackle my student loans. Also any advice to new associates? Thanks!

[@MikePietronRealtor]

Paid off $109,000 of me and my wife’s student loans in 18 months. #ThanksDaveRamsey

[@MikePietronRealtor]

Ryan M don’t be a hater :) his stuff works!

[@MikePietronRealtor]

Ryan M 9 people have liked it so I don’t think they mind. :D

[@maebunny5298]

I'm 16 and started listening to Dave Ramsey for quite some time now because of my mom. I'm trying to be as smart as possible while following this career because I know the debt can just start piling up. Would be great if you have some tips or referred me to some of his advice that helped you :)

[@Sesamestreet9080]

I see a lot of people thinking 150k just will payed off in 3 years or so. Wrong a lot of y’all forget to take into account cars loan, house loans / rent , maybe a wedding , insurance,taxes,foods , other maintenance that can easily eat up your income depending on your lifestyle

[@bitehunter122]

You will make more money on KZbin talking about your experiences in dentistry. Bet. Best wishes!

[@DrWendy]

lol thats the dream

[@cynthiaabella6043]

So why be a dentist if you want to be a KZbin star.

[@bitehunter122]

Cynthia Abella Doing both is funner! 🦷😄

[@taranoish4309]

Thanks for making this video! Is it really that easy to find a job after dental school? How much would you work and get paid if you worked as a dentist in one of those "greedy" dental corporations?

[@thewerdo123]

That was your mistake going to a private school

[@annasmith743]

thewerdo123 but she’s international... she can’t study for free, can she?

[@drkomalchopra]

It’s so different in America compared to the UK! Interesting to hear about it

[@utopianslay]

How much did you pay in living expenses throughout school?

[@Travie68]

Were you on an F1 visa while going to dental school? How did you get to stay and work in the US if so? Thanks in advance!

[@user-kl8vj2qy9w]

Same i wanna know

[@Master-or5bb]

When I came out of dental school I had about $320,000 in debt.I went to UCLA

[@Stoneface_]

Master 1207 damn that’s like More expensive than medicali

[@kahramancoban4403]

Wow in uk your debt after university is around only £10,000 to £65,000

[@baldcamel1534]

Master 1207 nowadays it's more like $450,000

[@pout4990]

I'm in France and I never heard about student's debt 🤔

[@leyleyb4227]

@@pout4990 c'est parce qu'en France on a pas vraiment de facs/écoles privées comme aux USA ou UK ! Pour être dentiste il fallait (jusqu'à cette année) passer le concours de la PACES et après tu faisais tes études normalement a la fac qui est gratuite (enfin, il faut les frais d'inscription mais ça coûte ~ 200€, les frais du matériel ~ 5000€ ...) Bref voilà

[@nicolemisigo5385]

Omg please do a follow up. I’m currently trying to decide between dentistry and hygiene. I would love to know about you rent and the car you drive and all the perks

[@DrWendy]

haha definitely not a perk but i will

[@DavidHAHergl]

I’m so glad that we don’t have tuition fees here in Germany, Europe 😊😅

[@thesharperb47]

Thank you for the insight! I'm starting DMD in the fall and appreciate your words! Do you have any updates on if you decided to move/ change offices or something! Thanks!

[@DrWendy]

I have moved since this video :)

[@smb123211]

Great video and yes, all that debt is worth it. I count mortgages of my various properties as "investments" and you should think of payment on your loan likewise. Good Luck

[@redcastlefan]

You could just study in a cheaper uni or in a cheaper country you can get a full dentistry degree for 8k in many places. Is the name of the uni and its prestige really that important ?

[@seansswamp]

love you and thank you for this!!💞💞💞

[@waterandsand4845]

Come to Georgia! Dentists here have a high earning rate here!

[@JK20239]

Doubt it. GENERAL DDS on avg earn about 150k. Your debt to income ratio is 3 to 1....RIP

[@jenGeeJushawshee]

LMAO, no one gets dental care or work done in Georgia!!

[@waterandsand4845]

@@jenGeeJushawshee they do. That’s a wildly ignorant statement you’ve made.

[@waterandsand4845]

@@JK20239 in comparison to cost of living its better for the DDS; more likely to live affordability. Debt will always be a problem, but if you can live affordably you’re more likely to pay it off.

[@dnice4335]

STAY away from MIDWEST in WISCONSIN..... or MONDOVI,

[@tazx007]

Hi Dr. Wendy, do you have an e-mail we can ask you questions at? I'm a Canadian student with some questions about dental school and a career in dentistry!

[@DrWendy]

hello, you can direct your questions right here and I can try to answer then for you

[@annacanta5659]

Hi Wendy! Just wanted to ask your opinion. If given the chance, would you go to a cheaper school outside the country even if it’s less quality of an education? This is for an International Dentist Program. For me,Im looking at the possibility of going to USC ASPID which is approx $260-280k for the two years OR newly approved IDP IN Moldova which is in Europe which is about $150K for 2 years. Just curious if you still think it’s better to go for the cheapest school in this case, but of course would take your input as a grain of salt. Thanks so much!!

[@DrWendy]

yes I absolutely would!

[@downdacourt]

Aside from the stress of paying off loans, would you go down the dentist route again if you could start over the few years of your life before you made the dental school decision?

[@DrWendy]

I would choose something else

[@downdacourt]

Thanks! Was wondering about that because med school was my initial goal, but ended up working in pharma so always curious if this is the right decision I made.

[@nikhilvig1954]

Sadly in India you only get $10000 if you're a undergrad in dentistry. That's a very sad reality.

[@akkok5059]

In India that's not bad. The economy is different. Many people are in poverty, right?

[@Stoneface_]

Lily Boi Exactly and India is way cheaper too. It makes sense that they’re paid less than the people in US.

[@AntiMasonic93]

I taught law school debt was the worst. $400,000 of debt for going to dental school is outrageous. I cannot imagine being in that much debt.

[@JK20239]

The problem with dental is your capped at 150k for General DDS. 180k for higher living areas. Debt to income is close to 3x.

[@aahsimovieprojects]

@@JK20239 There are lots of dentists making significantly more than 150k.

[@foreigncreations1793]

They make that money back rather quickly

[@aahsimovieprojects]

@Anthony Bush Yeah 250k is certainly possible if you're a good at business in addition to being a decent dentist. I still think the debt to income ratio for a private school educated dentist is a little shitty compared to an MD. You can go to an MD school for 150k as opposed to 400k for DDS and the earning potential can be much higher depending on the specialty.

[@sevy12006]

In our country most dental schools only require 100$ tuition per semester

[@yoleeisbored]

what country is that? yeah the higher education system is a mess here in US..

[@mecheckraise]

Yes I hear the student loan issue a lot. What they don't mention is that sometime the American taxpayer allowed you to finance a decade of not working and covered all your expenses. The cost IS disgusting but so is that fact you NEVER worked for a decade and insist on a fancy car and house BEFORE paying back your generous gift of funding. That is the real issue. Cry me a river. Live cheaply and you could actually pay it back quickly. You can make $200k if you hustle. Quit working less hours. Even highly qualified people are often lazy. They are not will to work long hours. I see the same in doctors. Some are quickly millionaires but other struggle because they work short hours and fewer days. Hustle always pays. Always has.

[@andrewwilliamson9244]

What do you think about dental chains versus individual practices?

[@Beasel]

400K @3% over 10yrs is pretty much impossible on 150K salary... that is $3862/month. Over 20 yrs is $2218/month. If you jump those numbers to 6% interest (federal rate) the repayments go to $4440/month and $2865/month respectively. INSANE. What is the HIGH HIGH end of a general dentists salary? I know if you specialize/own your own practice it can sky rocket, but then again that leads to even more debt initially. I would imagine that most graduating dentists in the states do not have a 3% interest loan either. Student debt is a huge eye opener... the general public (that did not attend school) have no clue either

[@soggyturnip]

Was there a reason you didn't come back to Canada? Are the salaries lower there?

[@DrWendy]

my boyfriend is American and it is difficult for him to immigrate to Canada and take Canadian boards :)

[@soggyturnip]

@@DrWendy oh makes sense thanks for the reply! I was just very suprised by the American salaries you said because when I was looking at Canadian dental salaries they tended to be about $100k/yr

[@DrWendy]

@@soggyturnip they do tend to be lower in cities like Toronto however I know friends that make up to 40% production in smaller towns

[@Gamerz00760]

if you start a 529 plan its tax free...like a HSA or 401k. Irony how if you want that stuff you have to prepay it, but if you wait it costs you a lot more. Dentists actually make out really well if you were certified before colleges increased tuition costs, they've skyrocketed. I can't fathom a 400k debt in any circumstance.

[@JL-xg7xb]

Thx so much for being so candid

[@Kryojenix]

My dental degree cost me about $18k ... Paid the absolute minimum debt repayment and couldn't help but pay it off in 5 or 6 years. Shame it's not still like that ...

[@katgonzalez8277]

Hey! How did u even find the jobs in wisconsin and colorado? Do you call clinics you’re interested in? Are there websites you looked at? Thanks!!

[@merym4117]

Student loans here in Montreal do not exceed 100 000 CAN$ for the 5 years program. I also feel so lucky to still live with my parents so my student loans are less than average.

[@KoolGNasBlackThought]

How were you able to take out a $400k in loans? In Canada isn't the max we can get 275k from a bank and another 40k from the government? Did the extra 85k come from family or am I missing something?

[@DrWendy]

yes from family

[@pep590]

You are from all those Frozen cities and countries. Crazy! You should be in Florida or Texas where you can feel your toes again and see some green. No state income tax in those states either.

[@tumiolaoye8377]

As a Canadian, are you able to come back to Canada to work as a dentist despite schooling in the US

[@christinenguyen1943]

I'm a predental student. Thank you for this!