Orthotown June 2017 - 32
ABO Certification
The digital treatment center at JUSO utilizes 35 chairs to ensure
each resident and fellow has a working bay. First-year residents are
paired up with a second-year students in a cubicle, which, in my
opinion is invaluable in knowledge and experience sharing. The
residents are trained to select their potential ABO cases early on
and plan accordingly. This early awareness at JUSO has resulted in
a success rate of 100 percent for the written ABO exam and above
80 percent for the clinical part.
This means more than 12 ABO certified orthodontists graduate
from JUSO each year. To help and persuade the residents to become
ABO certified, JUSO offers financial and logistical supports to the
residents for both the written and the clinical portion of the exam.
Tuition
The cost of the orthodontic education and its length go hand in
hand. Let's compare two scenarios: Resident A attends an orthodontic
residency for two years and pays a tuition of $90,000 a year, then
he graduates and works in a corporate office and earns $170,000
a year in the third year.
Resident B chooses to attend a three-year-long program but
to pay a tuition of $40,000 a year. Obviously Resident B will still
be in a school during the third year and cannot have an income.
Let's assume both residents have a student loan rate of 6 percent.
Listening to the
applicants reminded
me of my search for an
orthodontic residency
program, and while I
thought at the time
that no program could
meet every need, JUSO
eventually exceeded
my expectations.
Using the concept of the time value of the money, one can realize
that at the end of the third year, Resident A nets $4,994 while
Resident B tolerates a debt of $106,920, which coincidentally is
more than one year of tuition for Resident A.
My conclusion is that the program length is most important in
the financial planning. Tuition only comes second.
Speaking of finances, I've been listening to Dr. Howard Farran's
Dentistry Uncensored podcasts almost every day driving back from
32
JUNE 2017 // orthotown.com
http://www.orthotown.com
Table of Contents for the Digital Edition of Orthotown June 2017
Orthotown June 2017 - Cover1
Orthotown June 2017 - Cover2
Orthotown June 2017 - 1
Orthotown June 2017 - 2
Orthotown June 2017 - 3
Orthotown June 2017 - 4
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Orthotown June 2017 - 32
Orthotown June 2017 - 33
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Orthotown June 2017 - 40
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Orthotown June 2017 - 42
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Orthotown June 2017 - 44
Orthotown June 2017 - 45
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Orthotown June 2017 - 48
Orthotown June 2017 - Cover3
Orthotown June 2017 - Cover4
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