White Coat Investor Podcast

WCI #285: Physician Assistant Financial Education

Oct 20, 2022
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ADVICE

Cut Lifestyle Drift In School

  • Live below your means during PA school and cut recurring small luxuries that compound interest inflates.
  • Treat discretionary buys as long-term loan costs to decide whether they’re truly worth it.
INSIGHT

PA Salaries Are Narrower Than Physicians

  • PA salaries cluster tightly by specialty, with new-grad pay varying by practice area.
  • Expect typical new-grad ranges roughly $80k to $120k, rising with experience and specialty.
ADVICE

Weigh Fellowships As Career Investment

  • Consider a postgraduate fellowship if you want specialty skill, higher starting pay, and better job fit.
  • Treat fellowships as an upfront pay cut that can equal multiple years of experience and future earnings upside.
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