Clinical pharmacists, both from what's posted and from what I know from friends who do it, tend to not make as much as retail pharmacists (who are paid as well as they are because they put up with a lot of abuse). I make about $1 less per hour than a retail pharmacist but a raise is in the near future.
That's interesting; the situation for that seems to be the opposite where I live, which is in Southern California. Perhaps what I'm seeing is a local phenomena. I'm only quoting my wife who is in healthcare, and she is saying that being a clinical pharmacist is where the action will be going forward.
There are a number of positions closely related to clinical pharmacists. Many pharmacists dispense prescriptions to the general public in a non-clinical setting, such as through a drugstore. In addition, pharmaceutical technicians assist pharmacists in their duties, particularly in a customer service and administrative capacity. Because neither of these positions require the training of a clinical pharmacist, they are not as well compensated.
Read more: The Average Salary of a Clinical Pharmacist | eHow.com http://www.ehow.com/about_7283837_average-salary-clinical-pharmacist.html#ixzz1tjaJmd6t
So how about adding a part-time job? It doesn't have to be forever; just long enough to take the edge off your loans or build up some cash for a down payment for a house.
I'm looking at other things as well, but for now this is my only income. My wife and I are sorting through our finances right now to see if she can contribute a little more to our joint savings. The real issue is how to prioritize and tackle all the goals with such debt.
- If I save for a house now will I have time to save for retirement, will I get killed with interested on the loans?
Possibly. Sorry about being so vague; it's hard to tell the future and there are lots of variables. If it were me, I'd be working everything at the same time but giving great emphasis to debt and retirement, with the house taking last place. Your debt is high, but it's certainly not insurmountable, especially given your new income. If you can make a sizable dent in your debt, the inevitable interest rate increase won't sting so much. And you need to take advantage of your youth and let compounding work for you, so you need to start on the retirement funding. The housing issue is a question mark; since you're so young, are you sure you'll be staying in that area for a long time to come?