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This is ignorant. There is so much more to reviewing a patient. How are you supposed to know if there are any issues with the meds if you do not have adequate training to recognize these issues. Pharmacy school does not fully equip you to handle patient care and the additional year (which should really be two) is necessary.
The students I precept come in thinking they know everything there is about patient care. I am not sure why the schools are letting students loose with these poor misconceptions. There is so much to learn about clinical practice. You do not know what you don't know until you are exposed to those situations.
As a preceptor, I am very insulted when students come into rotation and degrade the role of residency and are under the impression they can practice as a proficient clinical pharmacist from day 1 after graduation. Do not upset preceptors or residents by insulting their career choices.
Just go work retail.
If that's the issue then pharmacy school should be longer. Not a additional year of training at half pay for double the work. You would't even have time to moonlight retail if you did residency.