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The Opportunity Cost of pursuing Graduate Medicine

It is very important to consider the opportunity cost of anything we do.  Opportunity cost represents the benefits an individual misses out on when choosing one alternative over another. For example, the benefit you miss out on by choosing a 6 year medical program vs. a shorter 5 year program. Similarly, you should consider the benefit you miss out on by going to graduate medical program (which takes a minimum of 7 years) instead of going to a five year school leaver entry program. Keep in mind that the prestige of the university matters very little when it comes to medical degrees. Assuming a conservative figure of...
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