Episode Details
Back to EpisodesThe Crisis In Veterinary Medicine Worsens - The Horse's Advocate Podcast #141
Description
Three articles from the AVMA arrived in my inbox this week:
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Gap shrinks between new graduate, overall veterinary salaries
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Midlevel practitioner proposal secures enough votes in Colorado
These articles drove me to make this podcast, the third in a series, about horse veterinary care. It emphasizes the need to prevent illness and injuries.
In summary, new vet graduates' mean starting salary (adjusted for inflation) has steadily risen since 2000, while the income of established veterinarians (adjusted for inflation) has not. The educational debt to become a veterinarian has also risen, but the ratio between debt and income on average has fallen due to increasing salaries. However, after removing the 17% with no debt, the debt-to-income ratio is higher and less sustainable.
All veterinarians are young, with 8% older than 65. Thus, the pool of experienced veterinarians to mentor graduates is shrinking.
Colorado approved the development of a midlevel practitioner to "fill the gap" between technician and veterinarian. Almost all veterinary organizations opposed this; however, the voters accepted this idea. Is this different from non-veterinarians