Other contributors have said "How come psychiatrist make more money then psychologist?" is the same question as "Which makes more a psychologist or psychiatrist?" If you believe that these are not asking the same thing and should be answered differently, click here
A psychologist is not necessarily a medical doctor, but has studied how the mind works extensively and may have a Ph.D. A psychiatrist must have received a doctorate in Medicine (M.D.) and is thus able to prescribe medications.
A psychiatrist makes more money as they are the ones dealing with medicine. Also a psychiatrist has to go through six years of medical school while a psychologist has to go through around 2 more...
A pediatrician is a medical doctor and a psychologist is a Ph.D. The medical school tuition is so high that few want to carry such a debt and the medical school is more selective than a University...
yes. you need more schooling for psychiatry and i believe it's an extra 2-4 years. they will always get paid more because they are able to perscribe medicine.
This is compound interest. The problem is inflation and income taxes. Lets say you were getting 4% interest and inflation is running at 3%. If you got $1000 in interest after the loss in value of...