Pediatric Resident Debt and Career Intentions

Mary Pat Frintner · Holly J. Mulvey · Beth A. Pletcher · Lynn M. Olson

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Diversity and Career in Medicine Health and Medical Research Impacts Healthcare professionals’ stress and burnout

Abstract

OBJECTIVE: To examine current levels of educational debt among pediatric residents and the relationship between educational debt and career intentions. METHODS: Annual national random samples of 1000 graduating pediatric residents from 2006 through 2010 were surveyed. Responses were combined. We used t tests and 1-way analysis of variance to compare debt, linear regression to examine factors associated with educational debt, and logistic regression to assess the influence of debt on clinical practice goal. Response rate was 61%. RESULTS: Three in 4 residents reported having educational debt. The mean debt (in 2010 dollars) among all residents, which included spouse's debt if married, increased 34% from $104 000 in 2006 to $139 000 in 2010. Among the subgroup who reported having any debt, the mean debt increased 24% from $146 000 in 2006 to $181 000 in 2010. Residents had varied clinical practice goals; 43% had goals that required fellowship training (subspecialty and combined primary-subspecialty) and 57% had goals not typically requiring fellowship training (primary care and hospitalist). In multivariate analyses, debt level (low, medium, high) remained an independent predictor of practice goal. Residents with medium debt (adjusted odds ratio: 1.46, 95% confidence interval: 1.16-1.84) and high debt (adjusted odds ratio: 1.51; 95% confidence interval: 1.20-1.90) had higher odds than residents with low debt of having a practice goal that does not typically require fellowship training. Other factors also had an independent association with career choice. CONCLUSIONS: Multiple factors shape decisions about careers. Higher educational debt is one factor that may push residents toward primary care or hospitalist practice, rather than pursuing fellowship training.

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2008Factors Associated With Medical Students' Career Choices Regarding Internal Medicine 2005Response Rates and Response Bias for 50 Surveys of Pediatricians 2005The Impact of U.S. Medical Students?? Debt on Their Choice of Primary Care Careers: An Analysis of Data from the 2002 Medical School Graduation Questionnaire 2010Primary Care Pediatricians' Satisfaction with Subspecialty Care, Perceived Supply, and Barriers to Care 2010Primary Care Specialty Choices of United States Medical Graduates, 1997–2006 2005Medical School Tuition And Young Physicians’ Indebtedness 2011Does Fellowship Pay: What Is the Long-term Financial Impact of Subspecialty Training in Pediatrics?2008General Pediatrics Resident Perspectives on Training Decisions and Career Choice

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2014Gender and Generational Influences on the Pediatric Workforce and Practice 2018Personal Finance Education for Residents: A Qualitative Study of Resident Perspectives 2017Current Workforce of Pediatric Subspecialists in the United States 2015A Longitudinal Study of Pediatricians Early in Their Careers: PLACES

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