"With medical and legal professions, the licensing/regulation creates a large barrier to entry"
This is the heart of the differences in pay. Expensive certifications keep the supply of doctors and lawyers artificially low and thus their average salaries higher. Meanwhile, anyone with a computer can start programming software.
This is the heart of the differences in pay. Expensive certifications keep the supply of doctors and lawyers artificially low and thus their average salaries higher. Meanwhile, anyone with a computer can start programming software.