That debt to income ratio is just painful. So stupid they changed it to a DPT just to pander more money out of students.
@yomansprince8486 Жыл бұрын
I'm planning on doing Physical Therapy Assistant, what do u think about that?
@Cam-gs5ix Жыл бұрын
@@yomansprince8486Good Brotha
@PhatPhrankInChicago5 ай бұрын
School world be much cheaper if you go to community college. It's financially better in short term, but worse in long term. Much less demand in some areas too
@Aevykin10 ай бұрын
Damn bro. 60k per year as DPT is pretty bottom of the barrel. You should seriously consider looking for a new position if that's still what you're making now at the end of 2023. You're getting robbed out of at least 40k a year. BLS lists average PT salary in the US now at like 98k. Switch to HH my dude. Also, if you're only making 5k per year, don't spend $500 per month on books or discretionary. Books you can get for free on genesis library. Spend it elsewhere or better yet put it away for the future. Seminars and courses likely won't make your employer pay you more, I personally suggest spending as little as possible on this stuff. Pay a $225 medbridge subscription and thats all you need to get your 30 CEU hours done every 2 years ($112/yr).
@KP4880 Жыл бұрын
Thank you for sharing and being transparent! This is so helpful, both for getting idea of PT salary in another state/location and the breakdown for budgeting - setting aside money for saving and investing. Did you refinance your loans to get the lower interest rate? Or was that the going rate at the time you took out the loans?
@Utahcountylabradoodles Жыл бұрын
I make between 4200-5k a month after taxes and my health insurance through the company as a PTA doing home health. Physical therapist Assistant in Utah. My school was 45k graduated in 2015.
@PhatPhrankInChicago5 ай бұрын
How much are they paying per visit over there? It's 40 to 50 in Chicagoland
@niehsasimon800 Жыл бұрын
Dr. Kang, I recommend reading Total Money Make Over by Dave Ramsey as it teaches you how to get rid of debt, I don’t know your whole situation, but considering it 10 years is a long time. I think you might be able to do it in less time by reading this book. Just a recommendation. Thank you.
@dianakim55322 жыл бұрын
What a nice break down of how you’re managing your finances. Very helpful and I wish you the best of luck in your first job Dr. Kang!
@jkangdpt2 жыл бұрын
Thanks Kimmy 😊
@cheezybred11 ай бұрын
You definitely need to bring that income up by 20-30% by taking some home health or outpatient cases on the side. Then throw all of that money at your debts. You cannot drown in student loans for a decade!
@jicalzad2 ай бұрын
Salary isn't very high, but that doesn't seem to be the main issue, in my opinion. Seems like the the student loans that seem to be the biggest issue financially. Maybe consider taking a job in a rural area for the gov't for 2-4 years and have them pay off your loans.
@manuelubillus1075 Жыл бұрын
I am sorry but 5k a month after taxes?! That seems very low for someone with a doctoral degree, how much are they taxing you?
@gedenirfiorese352310 ай бұрын
Even for new grad, 5k seems low. I know new grads that’s make the same AFTER tax in FL
@forbinfilms2 жыл бұрын
So cool to see the "Dr." up there ! Congrats on your hard work and new position man! Keep it up
@jkangdpt2 жыл бұрын
Hahha true, thank you brother I appreciate let's link up soon 👊👊
@alysterfox562311 ай бұрын
Wow thank you for video. All this made me change my mind. My boyfriend makes more money by installing security system and he didn’t go to school for it.
@pre-ptsinmotion2 жыл бұрын
Love the transparency here!! Thanks for sharing this man!
@jkangdpt2 жыл бұрын
Glad you enjoyed it!! Of course!
@fishfry3162 жыл бұрын
Loved this video. Looking to study Physical Therapy as well. Good insight. Subscribed 👌🏾
@hoopndiscАй бұрын
5k?!!?!!
@trushabhatt7583 ай бұрын
How much money does a fresh DPT earn in NYC after taxes? In 2024
@Tyming Жыл бұрын
Once you get some experience go to home health you can easily make 150k which is over 12k a month if you get those hours in
@abdelrahmanhamdy9560 Жыл бұрын
150 for physician assistant or dentist is possible But for pt it's pretty hard
@jcash530010 ай бұрын
@@abdelrahmanhamdy9560so true
@NUCLYOS14 ай бұрын
Buy Bitcoin and sale I. 5 years. Your debt will be paid. Not financial advise.
@christianwebb41682 жыл бұрын
What a handsome young man!
@jkangdpt2 жыл бұрын
LOL thank you Mr. Webb
@lvmadvntge51452 жыл бұрын
Such a great video! Thank you for being transparent about your journey and congrats on the new job!!! Definitely agree with the investments, you'll never regret investing in yourself. Keep it up🔥🔥
@jkangdpt2 жыл бұрын
Appreciate the support!!! Thank you thank you ❤️❤️
@mrkolvera43592 жыл бұрын
Great job with the videos bud. They are very insightful. Admittingly, I have a bunch I need to go back and watch. I am a senior in the rehabilitation services program at UTRGV and am working my way through the dpt application process right now.
@jkangdpt2 жыл бұрын
I appreciate that! That sounds good, best of luck and keep me posted!!
@MrAlfalfaTV2 жыл бұрын
This was incredibly informative! I live right by Rockville so this was cool to see what my future salary could be like
@jkangdpt2 жыл бұрын
Appreciate it!! Im glad you found it helpful 😄😄 yeah, thats really cool - best of luck and keep me posted!!
@davidvue19702 жыл бұрын
Congrats! Very insightful and great video Jin! What lead you into choosing the setting/job where you work? And are you deciding to pursue anything sports/athletic training related to your CSCS?
@jkangdpt2 жыл бұрын
Thanks David! I've always liked ortho and I had one of my clinicals with this company. I also liked the people I interacted with during the interview process. Im looking into different CEU courses rn but nothing set in stone rn! Keep me posted on your journey@
@sangeetachhetri3445 Жыл бұрын
How much ur paid per hour in USA?
@dukesoffranks27182 жыл бұрын
Isn’t 60k a little low for not a small city? Dpt assuming. I know it’s first year but isn’t 75 doable out of college?
@jkangdpt2 жыл бұрын
It's definitely doable!
@matthewking88172 жыл бұрын
Would you say being a PT is worth it ?
@matthewking88172 жыл бұрын
I currently live in Texas and school our pretty competitive here
@jkangdpt2 жыл бұрын
It depends on so many things (your outlook in life, finances, goals...etc) but I think it is personally!
@LorianandLothric Жыл бұрын
Purely in terms of finances, no.
@psjfree9974 Жыл бұрын
hey DR. J KANG , am from middle east , thanks for your fabulous videos , the same for me am dreaming and seeking for getting the NPTE qualification ! NPTE for foreign students that want to be qualified to practice physical therapy is USA , to be honest our doctors and therapist in our university of our department really encouraged me to study hard for that exam ! especially for therapist in USA , it's very good working there because they keep promoting the good therapist ! I hope that your journey would be easy far from obstacles
@jkangdpt Жыл бұрын
thank you I appreciate the encouragement! Best of luck in all your future endeavors, and please keep me posted on your journey! You got this
@kihunshin50654 ай бұрын
선생님 안녕하세요! 저는 미국에 온지 얼마 안 된 뉴비 한국인 디피티입니다. 영상 감사히 봤습니다! 힘내세요!!
@jkangdpt4 ай бұрын
반갑습니다! 화이팅하시구 궁금한거 있으시면 알려주세요 :)
@kihunshin50654 ай бұрын
@@jkangdpt 아! 네 감사합니다!! 궁금한것이 생긴다면 꼭 물어보겠습니다! 감사합니다
This has made me rethink my decision to not become a PT. Tech is the answer for me.
@CasualCasimir Жыл бұрын
It’s probably because of the state he is working at. Simple research shows that the median average of a PT is 80 K a year and the highest is 120 K so it’s just bad location for him.
@jaretallen45163 ай бұрын
@@CasualCasimirPTs average around 70-75k right out of grad school. Debt is usually around 100k unfortunately. Still outrageous regardless
@anonanon75533 ай бұрын
There’s a ton of public schools that only cost $50,000. Just look it up. Lots in Texas.
@sanner4002 жыл бұрын
Congrats. Happy to help- TJ Sanner
@jkangdpt2 жыл бұрын
Hi TJ, I appreciate that, will be reaching out soon. Thank you!!
@tinaanderson3429 Жыл бұрын
You can get further by taking on contract positions, and shifting to part-time. I’m an OTR (occupational therapist) with 30+ years experience and it only took me a year of watching PRN and contractors skate in and out of the clinic making more than I was salaried. I resigned soon after my maternity leave. Now I name my hourly rates in contract negotiations, and also see clients through private pay at the same high rates that the corporate clinics bill for. There are a few coaching companies out there training therapists in private pay practice management. You can get those debts paid off much faster, and improve your net worth. Congrats on your accomplishment, you’re one year in by now!
@casanovavirgo4011 Жыл бұрын
is it 5k before or after taxes?
@dorkfork9606 Жыл бұрын
this ^
@ryanlen5337 Жыл бұрын
Before
@PhatPhrankInChicago5 ай бұрын
@@ryanlen5337 I'm sorry to say that your clinic is screwing you over. Nice guys often finish last because other people take advantage of us