High debt, low starting salaries plague new veterinarians

It's a tough time to be graduating from veterinary school and launching a practice, according to new research from Kansas State University. The average debt reported by 2014 graduates of the university's College of Veterinary Medicine was $170,380, while the average starting salary was just $64,678. Those numbers didn't improve much over 2013 figures--a trend that Roger Fingland, executive associate dean for K-State's College of Veterinary Medicine, attributes to the weak overall economy in a statement from the university. "It is important to educate people who want to be veterinarians about the financial realities," he says. Veterinary specialists, such as cardiologists, and those who practice in underserved rural areas may find more lucrative job opportunities, he adds. Release

Suggested Articles

Payers are now holding up Spark's $850,000 gene therapy as an example of how innovative drug developers can help payers afford pricey new treatments.

Fresenius’ new CEO has pulled off a dealmaking double play, committing more than $5.4 billion to expand its reach in both sterile generics and in biosimilars.

Bayer’s pharma products have been growing lickety-split, and its 2016 numbers show just how—and how much. But with the big Monsanto merger top of mind at Bayer…