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Summary of Dr. James M. Dahle's The White Coat Investor
Summary of Dr. James M. Dahle's The White Coat Investor
Summary of Dr. James M. Dahle's The White Coat Investor
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Summary of Dr. James M. Dahle's The White Coat Investor

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Please note: This is a companion version & not the original book.

Book Preview: #1 However, the good life of being a physician is not without its challenges. The Big Squeeze is simply this: it costs more to get the job, the job pays less once you get it, and increasing liability and compliance concerns make the job less pleasant.

#2 The student loan may be unsecured like a credit card debt, but it cannot be discharged in bankruptcy except in very limited circumstances.

#3 The government will no longer pay the interest on Stafford loans while you are in school. Hardship deferrals are also difficult for residents to qualify for, which means that from the moment you take out a Stafford loan, the interest starts accruing at five, six, or even eight percent per year.

#4 The government changed the formula for how student loan rates will be calculated beginning in 2013. The new formula is the 10-year treasury rate plus 3. 6 percent for graduate Stafford loans and the 10-year treasury rate plus 4. 6 percent for PLUS loans.

LanguageEnglish
PublisherIRB Media
Release dateFeb 21, 2022
ISBN9781669350743
Summary of Dr. James M. Dahle's The White Coat Investor
Author

IRB Media

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    Book preview

    Summary of Dr. James M. Dahle's The White Coat Investor - IRB Media

    Insights on Dr. James M. Dahle's The White Coat Investor

    Contents

    Insights from Chapter 1

    Insights from Chapter 2

    Insights from Chapter 3

    Insights from Chapter 4

    Insights from Chapter 5

    Insights from Chapter 6

    Insights from Chapter 7

    Insights from Chapter 8

    Insights from Chapter 9

    Insights from Chapter 10

    Insights from Chapter 11

    Insights from Chapter 12

    Insights from Chapter 13

    Insights from Chapter 14

    Insights from Chapter 15

    Insights from Chapter 16

    Insights from Chapter 1

    #1

    However, the good life of being a physician is not without its challenges. The Big Squeeze is simply this: it costs more to get the job, the job pays less once you get it, and increasing liability and compliance concerns make the job less pleasant.

    #2

    The student loan may be unsecured like a credit card debt, but it cannot be discharged in bankruptcy except in very limited circumstances.

    #3

    The government will no longer pay the interest on Stafford loans while you are in school. Hardship deferrals are also difficult for residents to qualify for, which means that from the moment you take out a Stafford loan, the interest starts accruing at five, six, or even eight percent per year.

    #4

    The government changed the formula for how student loan rates will be calculated beginning in 2013. The new formula is the 10-year treasury rate plus 3. 6 percent for graduate Stafford loans and the 10-year treasury rate plus 4. 6 percent for PLUS loans.

    #5

    The cost of becoming a physician is increasing, but this is not the only reason why physicians are earning less than they used to.

    #6

    The cost of insurance premiums has been relatively stable over the last five to six years, whereas the cost of regulations has increased dramatically. These regulations are certainly contributing to the trend of physicians moving from solo practice and small groups into larger groups and hospital employment situations.

    #7

    The good life is no longer a guaranteed path for physicians.

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