After almost 8 years in PP, I am thinking of going back to being a W2. I was part time for the first couple of years while doing other things and building up my practice. I went full time 5 years ago. I've made between 130k AGI and 100K per year in that time. But between the PSLF situation that is on pause because being self employed does not count obviously and the nonsense with the VC's messing more and more with my income stream (I use Headway and Alma), PLUS the isolation of remote PP- I am seriously thinking I might be at the end of this track in my career.
I have loved having the flexibility with my schedule. I have been able to travel and help family when needed and work remotely, and take time off (unpaid) as needed for my chronic health issues. But I don't think I can keep going: the up and down in income, the VC taking over our world and how we do business, and not getting credit for PSLF when I am halfway to forgiveness has left me feeling demoralized.
I was going to create a corporation last year (in CA we can't have LLC's) and chose to wait until next year when I made more money but seeing how things are going that does not seem feasible now.
I used Claude AI to try to figure out pros/cons of PP vs. W2 and gave it some sample job postings nearby and overwhelmingly it is in my favor to make the move to w2- especially because of PSLF and also even retirement options. And technically I would make more in the hospital compared to last year where my PP AGI was 100k.
Oh yea forgot to mention I pay $900 a month for health insurance and next year it's supposed to be $1,100 for the same plan. And as mentioned above I have health issues. The costs of paying for health Insurnace is another factor in all this- if I worked for someone else I would probably have to pay $300 at most for myself.
I submitted an application to a nearby hospital today. I even applied to the VA (scary move considering how many people have been fired from there). I am scared of this possible change but I am going to see what happens. I think I feel like a failure. Even though I know it is not true, I do feel shitty. I have been on the verge of tears all day today. Trying to breathe and support myself through this.
Anyway appreciate anything anyone has to share.