Re:Thiel's college dropout plan scrutinized by '60 Minutes'
by stephencanon on Sunday May 20, 2012 @08:45PM
(#4000750)
An American GP is typically done with all schooling by age 30. There are specialist surgical fields where training into your mid-30's possible, but the income they command is also vastly higher, and your loans are entirely forgiven after a few more years of academic medicine at that point.
The doctor may come out ahead by 50-55 or so, but certainly not by 37. This holds doubly true if the plumber invests anything at all. 20 years of compound interest on a small base will produce a surprisingly large amount.