Posted by Dave SE Mich on April 25, 2012 at 03:50:33 from (64.112.203.139):
In Reply to: Re: The other side posted by JDseller on April 24, 2012 at 23:36:10:
I grew up on a farm, still own farm land and understand the costs envolved. I elected to keep my Veterinary Clinic smaller and cheaper and have done ok. Some of the multi million dollar clinics around here have not survived or are struggling. Starting wages for new grads have fallen with an average of about $65,000. When they have school debts of $200,000, a car and house payments of $3000 or more per month does not leave much. Then there is the investment to buy into a practice and in the end earnings have to go up over to $100,000 to pay for all of this. This is why fees often seem high to pay for all of this.
Yes the investment to plant a crop is much greater, but you also can buy crop insurance that is partially paid for by uncle Sam, I have seen local farmers do a poor job ( not the norm) and collect a profit, their is no such insurance in Vet Med to insure a profit. I have an advantage over younger vets that I have no debts and each of us as individuals have to make decisions that determine our careers.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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