As a doctor, you work hard. You put in the hours, the years, and the sweat to become a medical professional. And at the end of all that, you’re rewarded with a salary that’s nowhere near what you deserve.
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But what if we told you it doesn’t have to be that way? What if we told you there was a way for YOU to get paid what YOU deserve?
It’s true! There are plenty of ways for you to earn more money as a doctor. But first, let’s talk about why your salary is so low—and what it has to do with your education level.
The average doctor’s salary is around $100K per year, but most doctors with Phds are earning closer to $80K per year—and that’s just not enough. A lot of people might say “well, why don’t they just go back to school?” But here’s the thing: going back for another degree is expensive! And if you already went through undergrad and grad school once before… well then it seems like double-dipping on tuition costs (not to mention all those student loans).
Average Md Phd Salary
The average Md Phd salary is $75,000.
If you complete a doctorate in medicine (MD), your base salary will be higher than the average at around $100,000 per year. If you have both an MD and PhD, you can expect to make about $110,000 on average annually.
- PhD in Biochemistry – $71,000
- Ph.D. in Clinical Psychology – $56,900
- Ph.D. in Molecular Biology and Microbiology – $64,500