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deleted941485
The situation is dire because even if you took no residents for many years for the entire field, 100s of people would be pumped into job market over next few years, one that is oversupplied by the most conservative estimates. Folding into rads or opening up a med onc pathway would not help many young ROs unless they want to retrain which is hard once you have bought a house, have kids, to go back to “living like a resident”.
We will see a lot of suffering and ruin in the breadlines. The situation is depressing af.
Financial ruin in imminent for mid career physicians in radiation oncology. If your in your late 30's-40s with wife and kids and have already tasted the good life its gonna be hard but the issue is that you can take some pain now and retrain or end up in your 50's and run the risk of getting canned. Guess who hires 50 year olds for non exec positions? Not many people.