Hello everyone,

I have read through the rules and I don't believe this goes against any of them. Overall the question is about personal finance, income, and investing in financial future.

I am finishing my procedural subspecialty fellowship in a few months and looking at jobs. I am between two jobs currently.

Job 1:

• Private Practice
• Salary 450k years 1 + 2, sign on/relocation 30k, decent benefits, matching 5%
• If at any point I "collect" more than practice overhead (roughly 50% for 1MM collections, should remain relatively stable or go up slightly if collections are ramped up), I keep 100% of remainder. New doc currently taking home 600k/yr after 1.5 yrs
• Opportunity to buy into practice for 300k after breaking even (generally +100k for practice expenses bringing me on) to share practice profits, usually around 100k per doc/yr, could grow after expansion
• Lucrative opportunity to sell practice in the future, unclear potential valuation
• 0% state income tax
• Downside- rural location, no student loan repayment (350k federal loans for me, 150k federal loans for wife)

Job 2:

• Hospital employed
• Salary 500k years 1 + 2 guaranteed, sign on/relocation 50k, decent benefits, matching 5%
• After I make back salary (no overhead considered), high end potential to make 175k additional productivity, low end likely 70k
• No option for partnership
• Likely no option for vertical growth other than being more productive
• After 5 years, my current 350k in student debt will be forgiven through public service loan forgiveness w/o needing to pay taxes. For five years would need to pay 10% of discretionary income (48k per year, 240k after five years). After five years of compounding 6.8% interest and paying 4k per month, the remainder is 211k which would be forgiven.
• Roughly 5.5% state income tax for highest bracket
• Location is more suburban than rural

From a strictly financial viewpoint, which is the better option to choose?

Thank you very much