I 100% agree with you. It was turned to a doctorate so we can do “direct access” so you can see a PT without being referred by a MD … buts it’s only for 10 visits of 30 days whatever comes first. Plus that’s only after 3 years of experience. I’ve talked many aides out of pursing PT. It financially just can’t be justified. Reimbursements keep getting cut so we have to see more people.

Had a bunch of classmates do travel PT. Very lucrative if ur willing to move around every 13 weeks. I was applying for travel positions in Georgia back when Covid started but ended up staying in NY and met my gf. I am going to look for travel jobs in CT. Just applied for my CT license $400 later.$285 application fee. $90 for fsbpt to send my scores to ct. $20 for official New York State license to be sent to CT then $10 for transcript to CT… my gf is a physician so gotta stay close to the hospital. But I will check out some home care cuz I ain’t selling my soul in outpatient for much longer

Thanks! Yeah I’ve seen and used this chart as an outline. I have it printed out in my office. I plan to follow this when the loan pause stops.Unique situation rn with the pause

Thanks for the response. Yeah I’m leaning more toward continue aggressive savings and see what happens with this pause or “forgiveness”.

I did that last September 22’. Then I made a large lump sum payment right before loans started back up. And then they got paused again so I went back to saving up

Yeah I invest in the mutual fund bi-weekly so not trying to time the bottom. But with last years volatility within the market on those really bad wash outs I did throw significantly more $ into stocks I’ve been patiently waiting an entry for.

Agreed I could probably do both, but would probably want to do 60-40 of 70-30 to get ahead of this thing.

And totally agreed. I was dumb and went into PT to help people. It’s rewarding but the financial stress is not worth it for me personally. I’ve worked an “easy gig”. A “low volume” clinic… however now we are slammed and I’m seeing 15-18 patients a shift. It’s exhausting. Mentally and physically.

I’ve realized I need to increase my income. We are moving for my gfs job. She’s a physician and doing her fellowship. I am going to use next year to look for a higher income position as this may mean I need to leave orthopedics (my “passion”… what I studied my ass off for 3 years to learn) for home health care or a nursing home/ snf. I will also be looking for a travel position as we will only be in CT for a year.

But yes the debt to income ratio or rate or return for physical therapists is atrocious. I just did not understand this when I was younger.

Thanks for the response