You're watching...

Is Heading to Med School Worth It?

Details

  • Description

    Neurosurgeon Dr. Ben Carson weighs in on the cost of medical school and if it is worth it for students to attend today, given ever-increasing school c...

  • Duration 4:22
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

You very much indeed.

Doctor Ben constant one of the world's best neurosurgeons.

But if you what 20/20 one years old now what he still go to medical school.

Doctor Carson joins us now from Johns Hopkins he's the all tell all -- America the beautiful.

Cut costs and always a -- -- welcome back.

I'm always good to be repeated yes if you were a young man on -- not that you're an old member -- if you're really young man again just on me now in.

What you go to medical school and do what you did.

Well you know it's it's sort of a two part answer.

In terms of the excitement of medicine that things that are being discovered.

There is.

They're few things that are more exciting than that.

So yes I would but.

I would also be somewhat concerned.

Because the cost are quite substantial.

It's not unusual for a student to exit medical school owing.

In excess of 200000 dollars so they basically have a mortgage on their hands -- they still have internship and residency to go through.

In which they're not being paid large amounts money.

So it accumulate -- that becomes quite a burden and as a result of that.

A lot of people tend to -- higher paying specialties rather than primary care especially even though their heart is and primary care.

We need to find a way to address that and many other nations have found a way.

In -- its primary cash well we face a growing doctor shortage I think it on my right without.

And that that's doctor shortage in the primary cap arena.

That may be a result of Obama -- again is that accurate.

Well it it was already starting before Obama care.

Obviously that's going to exacerbated there was a survey done not too long -- looking at the satisfaction of primary care physicians with their profession.

And about 45% were unhappy.

Not because they didn't like being a doctor but because they -- too many patients and too many demands on them they -- they couldn't spend quality time with them.

That's going to increase if you throw another thirty million people into the mix.

And you DP -- reimbursement you don't have to be a genius to figure out that that's gonna cause quite a difficult situation.

What when you started out when you went to medical school.

I think the American dream was very much intact and people thought that youngsters like yourself going into the into the profession.

Would end up wealthy than your parents.

Well fast forward to today.

And I've got a poll that says only 23%.

Of American parents believe that that children will be better off than -- now.

59%.

Think that -- chill will be worse off.

Than -- off that's a complete transformation.

From way you were a black then a well we are today.

Well it is but it enough factor and that sixteen trillion dollar debt.

That our children are gonna have to deal with which is growing most people have no concept to a sixteen trillion -- if you count one.

Number -- -- second it will take you 507000.

Years to get to sixteen trillion -- -- unbelievable number.

And that's gonna wait tremendously.

On on our progeny so we need to start doing something about it somebody needs to start talking about.

Shared sacrifice.

And to and and real fairness not political fairness real fair.

Would you be put fed I'm sure you're high income guy I don't know for a fact you don't have to confirm it but I'm pretty sure Euro high income god you know one of the best in the world what you do you gotta -- high income god.

Would you be put that to -- shop.

-- -- -- I would be prepared to pay higher taxes if we did the requisite trimming of spending.

OK I mean I don't just wanna be throwing good money after bad money so when I'm satisfied that we have stop wasting money.

And doing silly things and we do a lot of those.

I'll -- everything.

Because I'm patriot I want us to succeed -- I think most people feel the same way but stop wasting money first.

Doctor I think you have to be right I think most people would say exactly the same thing I do believe that.

Talked about costs and everyone always a pleasure that we do have the Cummins is again soon.

At two.