Its the same for pilots....some of which make more than $300k a year.
You are paying them back for their $120,000 initial investment in training and college, plus the work required to complete the two (in addition to the money).
You are also paying for their experience and skills as well.
Think about it this way....is it fair that a Barista who left highschool and works at Starbucks for the 8 years of training a doctor must have has made $180,000 over the course of those eight years while the doctor has $300,000 in debt?
Hardly seems fair that if you snapshot things to the moment a doctor actually can get paid for work that the barista has a $480,000 advantage over the doctor.
The huge salary is to catch up for lost time and income during training, pay for your skills, and to pay for your experience.
If you elimate that (Which is impossible except under socialism because hospitals will pay top dollar for top doctors) nobody would ever be a doctor because the smartest and most driven hardworkers in society would realize that being a barista is more money in the long run while also being MUCH less work and responsibility.
Its the same for pilots....some of which make more than $300k a year.
You are paying them back for their $120,000 initial investment in training and college, plus the work required to complete the two (in addition to the money).
You are also paying for their experience and skills as well.
Think about it this way....is it fair that a Barista who left highschool and works at Starbucks for the 8 years of training a doctor must have has made $180,000 over the course of those eight years while the doctor has $300,000 in debt?
Hardly seems fair that if you snapshot things to the moment a doctor actually can get paid for work that the barista has a $480,000 advantage over the doctor.
The huge salary is to catch up for lost time and income during training, pay for your skills, and to pay for your experience.
If you elimate that (Which is impossible except under socialism because hospitals will pay top dollar for top doctors) nobody would ever be a doctor because the smartest and most driven hardworkers in society would realize that being a barista is more money in the long run while also being MUCH less work and responsibility.