On the topic of $400,000 debt

[donnadee]

wow if your allegations are indeed true, that could potentially have legal ramifications...

 

on the note of potentially secret information, i would stay away, perhaps far away from listings such as the one posted by jberg...i wont say how i know this but that person, whos hiring for those $300k positions, has once had a suspended license for illegal activity...

[rmorelan]

Top Secret : Just know only you, dont tell even your soul mate.

1. Every year, Deans of Dentisries in CANADA and Directors of small business loan dept ( most major banks like CIBC, TD, ROYAL, SCOTIA etc)

have a meeting.

2. They decide tuition fee and loc based on expected future income of Dentist. ( They calculate 3 to 5 years payback.)

3. I posted this with fluctuational IP adress coz they will kill me if if

 

Hasn't the tuition for dentists been increasing considerably faster than inflation for the past many years now (which should be you would think tuned to the income of dentists)? If true there would have to be other factors involved.

[Ostracized]

Hasn't the tuition for dentists been increasing considerably faster than inflation for the past many years now (which should be you would think tuned to the income of dentists)? If true there would have to be other factors involved.

 

He's kidding. Or lying. Either or!

[aravis]

He's kidding. Or lying. Either or!

 

Haha yea, it doesn't really make sense to me why that would happen. Different provinces subsidize different percentages of various tuition fees so tuition fee doesn't directly translate to what it actually costs to train each dentist. Plus if this top secret thing was true, wouldn't there be a trend in tuition fees based on avg dentist income for each province?

[happy_girl123]

How about those studying specialties like surgery or for example orthodontics? How much do they earn during the first years after graduation?

[OMGITWONTFI]

Hasn't the tuition for dentists been increasing considerably faster than inflation for the past many years now (which should be you would think tuned to the income of dentists)? If true there would have to be other factors involved.

 

Perhaps it's the dental specialists driving up the income reports for dentists in general

[koft]

How about those studying specialties like surgery or for example orthodontics? How much do they earn during the first years after graduation?

 

Maybe, perhaps, but depending on your arrangement.. remember those who did specialty would lost at least 3 years of income (plus tuition fee for ortho school). By the 3 years as a GP, it should have gain a steady source income.

 

Like GP they have to build up referral base, I don't think general public would just walk into an OS clinic for treatment. Maybe more so with Ortho...

 

I can only speak from OS, I do have friends who are Ortho, but can't give you accurate account.

[mrewmrew]

Maybe, perhaps, but depending on your arrangement.. remember those who did specialty would lost at least 3 years of income (plus tuition fee for ortho school). By the 3 years as a GP, it should have gain a steady source income.

 

Like GP they have to build up referral base, I don't think general public would just walk into an OS clinic for treatment. Maybe more so with Ortho...

 

I can only speak from OS, I do have friends who are Ortho, but can't give you accurate account.

 

I thought in Canada dentists get paid a humble amount to do specialty training?

[cleanup]

I thought in Canada dentists get paid a humble amount to do specialty training?

 

If you're working in a teaching hospital, like for a GPR, AEGD, paedo or OMFS residency, then yes. Most other specialties though still operate out of school clinics and you'll be paying tuition.

[koft]

I thought in Canada dentists get paid a humble amount to do specialty training?

 

You should look up various specialties and see the tuition fee associated with them...

[koft]

I thought in Canada dentists get paid a humble amount to do specialty training?

 

The second question is how much is humble amount?

[Economist]

This question is somthing like this.

If you have 400k cash now, will you buy Lisence of Dentistry, or buy Timhorton,s franchise( It can make easy money 10k/month).

What,s your choice?

 

Frequent misconception by people who dont know anything about running a business. First of all you cant buy Tim Hortons (correct me if Im wrong) you can only be managers. Most franchise chains take huge margin off your gross (~70%) and also require renovations every 3-4 years that costs A LOT.

 

Owners have to train employees, do the orders, take care of maintenance, take on risks with business and respond to ANY troubles. Your minimum wage high school employees WILL NOT put.in the effort and if you want to make anything close to 10k/month you need to work like a dog.

 

If it was that easy everyone would be doing it. Why would someone sell an easy ~120k/yr job where you just need to do excel and not work for 400k? use common sense...

[DRUNKEN GORILLA]

Frequent misconception by people who dont know anything about running a business. First of all you cant buy Tim Hortons (correct me if Im wrong) you can only be managers. Most franchise chains take huge margin off your gross (~70%) and also require renovations every 3-4 years that costs A LOT.

 

Owners have to train employees, do the orders, take care of maintenance, take on risks with business and respond to ANY troubles. Your minimum wage high school employees WILL NOT put.in the effort and if you want to make anything close to 10k/month you need to work like a dog.

 

If it was that easy everyone would be doing it. Why would someone sell an easy ~120k/yr job where you just need to do excel and not work for 400k? use common sense...

 

Yes maybe you are correct. I made just argument and egxample.

Be a dentist is 99.99% obvious average 200k/year job. Less fluctuation than law school. But that's it.

Just 10 days ago one man won 4 million coz arrested 5 days by mistake in L.A.( He cant eat, nobody care of him during that time). Lawyer? 20%.

If you dont like timhortons buz what about Mandarin Buffet or internet Casino buz?

Anyway you have 400k cash and need 10k/month buz, contact me for only 10k consulting fee. You dont need to work but some humanities needed.

( can hire good staff, manage cash flow, disscuss , decide , order something like this. It is not a skill so cant study just borned.

[11lc44]

Yes maybe you are correct. I made just argument and egxample.

Be a dentist is 99.99% obvious average 200k/year job. Less fluctuation than law school. But that's it.

Just 10 days ago one man won 4 million coz arrested 5 days by mistake in L.A.( He cant eat, nobody care of him during that time). Lawyer? 20%.

If you dont like timhortons buz what about Mandarin Buffet or internet Casino buz?

Anyway you have 400k cash and need 10k/month buz, contact me for only 10k consulting fee. You dont need to work but some humanities needed.

( can hire good staff, manage cash flow, disscuss , decide , order something like this. It is not a skill so cant study just borned.

 

I'm trying to make sense of what you're saying but the semantics is just terrible. Even the syntax of your sentences is questionable.

 

EDIT: Okay, so I just read the last two lines of your statement more carefully, and I see what you're saying. You are some guy roaming this forum in hopes to get someone to consult with you on a business enterprise. Thanks, but no thanks.

[DRUNKEN GORILLA]

I'm trying to make sense of what you're saying but the semantics is just terrible. Even the syntax of your sentences is questionable.

 

EDIT: Okay, so I just read the last two lines of your statement more carefully, and I see what you're saying. You are some guy roaming this forum in hopes to get someone to consult with you on a business enterprise. Thanks, but no thanks.

 

Not for you, only for Economist.

[cleanup]

I'm trying to make sense of what you're saying but the semantics is just terrible. Even the syntax of your sentences is questionable.

 

EDIT: Okay, so I just read the last two lines of your statement more carefully, and I see what you're saying. You are some guy roaming this forum in hopes to get someone to consult with you on a business enterprise. Thanks, but no thanks.

 

I'd say his syntax is pretty good for a drunken gorilla. The fact that he has language skills at all is astonishing. He's a natural wonder.

[uwodesperate]

I'm trying to make sense of what you're saying but the semantics is just terrible. Even the syntax of your sentences is questionable.

 

EDIT: Okay, so I just read the last two lines of your statement more carefully, and I see what you're saying. You are some guy roaming this forum in hopes to get someone to consult with you on a business enterprise. Thanks, but no thanks.

 

Phew.. I am glad I wasn't the only one..

[Faizah]

I am looking into applying to U of T's International Dental Advanced Placement Program. The apparent tuition fee mentioned on the website is 120k. My question to you is that with books, instruments and material expenses, how much is the total amount?

[Ostracized]

The only thing you'd be responsible for in addition to the tuition is text books and loupes, plus of course all your living expenses.

[Faizah]

Thank you v much for your reply. I highly appreciate it.

 

What about instruments and materials? and is there some kind of clinical fees?

I am not concerned about housing as I live with family. But just the basic tuition fee and additional costs are very scary. I am debating between dental hygiene and dentistry. Do you know anything about dental hygiene?

[t93]

Having read through these posts, I have become a bit confused; Once you graduate, you have to "purchase" the license of dentistry? Would you clarify what costs there are following graduation?

 

And I believe that all Canadian dental schools will cost under 200k for the entire degree, so I am not sure why we are on the topic of 400k expense for the degree (Only US & Australian schools will cost that much).

 

Thanks

[Ostracized]

Thank you v much for your reply. I highly appreciate it.

 

What about instruments and materials? and is there some kind of clinical fees?

I am not concerned about housing as I live with family. But just the basic tuition fee and additional costs are very scary. I am debating between dental hygiene and dentistry. Do you know anything about dental hygiene?

 

The $120,000 should include all clinic fees and instruments. Dental hygiene will no doubt be a cheaper option and it is a good career as well, but the job market for hygienists is even more saturated than for dentists. The market has been flooded with hygienists from private diploma-mills so getting a job might be tough.

 

Having read through these posts, I have become a bit confused; Once you graduate, you have to "purchase" the license of dentistry? Would you clarify what costs there are following graduation?

 

And I believe that all Canadian dental schools will cost under 200k for the entire degree, so I am not sure why we are on the topic of 400k expense for the degree (Only US & Australian schools will cost that much).

 

Thanks

 

Yes, after you graduate you have yearly expenses to remain licensed. In Ontario you pay the RCDSO ~$2100 per year which also includes malpractice insurance. It's expensive to be a dentist even if you don't own a practice. I'm only an associate but my professional expenses were close to $15,000 in 2013. That amount is coming off the top of my income, though it is mostly tax deductible.

 

With respect to '$400K', yes, I was mostly referring to US/AUS but that includes probably hundreds of students per year. Even UBC is at $220K for tuition alone. Throw in living expenses and the total debt is much higher.

[cleanup]

Thank you v much for your reply. I highly appreciate it.

 

What about instruments and materials? and is there some kind of clinical fees?

I am not concerned about housing as I live with family. But just the basic tuition fee and additional costs are very scary. I am debating between dental hygiene and dentistry. Do you know anything about dental hygiene?

 

Instruments and materials are covered in that $120k figure you quoted.

 

That said, I believe the IDAPP program is shrinking soon due to the increase in domestic class size. It will become more difficult to be admitted as an international dentist applicant very soon. Best of luck.

[koft]

Osc: I wonder what professional expenses costing you 15k. Since I am not too sure you are getting excessive malpractice and that doesn't cost that much. I am thinking mostly is going to conferences, membership for CDA/ODA, local component society. I am excluding legal or accounting fee...

 

Anyways, if you want to pay off your debt uber fast, don't stay in any metropolitan area, as I previously said in other thread.

 

Paying off debt takes planning and sticking to a budget. I paid off most of my debt from my resident salary, which is well less than what a practicing DDS income.

 

but the temptation of buying a fancy cars, etc.....

[Ostracized]

Osc: I wonder what professional expenses costing you 15k. Since I am not too sure you are getting excessive malpractice and that doesn't cost that much. I am thinking mostly is going to conferences, membership for CDA/ODA, local component society. I am excluding legal or accounting fee...

 

Anyways, if you want to pay off your debt uber fast, don't stay in any metropolitan area, as I previously said in other thread.

 

Paying off debt takes planning and sticking to a budget. I paid off most of my debt from my resident salary, which is well less than what a practicing DDS income.

 

but the temptation of buying a fancy cars, etc.....

 

CE is a big chuck - around $7000 last year. But I'm also including 'benefits' that I am self funding, like extended health insurance and long-term disability insurance. License, ODA, CDPA, AGD. A new pair of loupes last year. It adds up.