At the 2022 Veterinary Meeting & Expo, Brakke Consulting discussed a chaotic, stressful year past in the animal health industry, and the Human Animal Bond Research Institute and Zoetis shared findings that 95% of dog and cat owners worldwide consider pets to be family.
Merck Animal Health released findings from its third well-being study, which found that the percentage of veterinarians with serious psychological distress increased to 9.7% in fall 2021, compared with 6.4% in fall 2019. Regression analysis suggests that this change was an effect of the COVID-19 pandemic.
The U.S. Department of Agriculture announced Jan. 12 that it made awards totaling $7.5 million to 78 veterinarians in 2021 toward repayment of veterinary student loans in return for service in shortage areas in food animal practice or public practice.
Veterinarians and veterinary students say the current pause in payments and interest accrual on federal educational loans has helped them reduce their debt and feel more secure, although some expect they will need to budget carefully if payments resume in May, as currently planned.