There has been an ongoing debate over the health of the employment economy over the past 20 years. That being said, there are still many high-paying jobs up for grabs out there. A recent study from Glassdoor showed the 25 highest paying careers in America. Almost all these jobs will not be available to high school dropouts, and most require years of advanced studies.
The number one, highest paying career on the list is a physician. The second highest was an attorney. It turns out that lawyer have a median base salary of $144,500, while physicians have a median base salary of $180,000. While one makes more than the other, these are just median pay reports.
24/7 Wall St. wanted to examine what the role is here versus qualifications, time spent in school, would-be student loan debt and some other issues. Keep in mind that some physicians and some lawyers make vastly more than the median salary.
Should the question be if it is fair that doctors make about 25% more than attorneys, or should it be whether it is fair that attorneys make about 80% of what doctors make? We are not breaching that, but there have been economic studies and social studies on the matter over the years from both sides of the coin.
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