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Of course they do. Why do you think credit scoring was invented? Why do banks not lend to you if you have a default on your file? Sure, that is based in statistics. You will be hard pressed to find a teacher earning $200k pa at 30-35 but for an accountant at a big firm that is pretty normal...

You already answered your own question. I already stated that the other professions have massive earning potential which lowers their credit risk and I'm sure the facts from lender's own risk profiling confirm this. Obviously teachers and nurses don't meet this eligibility criteria. Yes but...

Which is great if you are a female lawyer, doctor, accountant etc. You know that women are entitled to become one of these professionals too?

Well last time I checked, female doctors are entitled to the package as well. I went to law school and most of my classmates were female. Same with my accounting classes. There is no problem, unless you want to look for one.

Well that's for the LMI providers to decide and price accordingly which is why LMI is an exponential cost. In any case, I am rebutting the ridiculous assertion that it is some male chauvinistic boys club who are entitled to the package.

Credit risk has a lot more to it than simply how much you earn. It's about the quality of those earnings. Just cause a doctor may earn $50k doesn't mean he's treated the same as a factory worker who earns $50k. I don't know - they want to attract these types of customers? Banks work on...

That's not true. The professions listed tend to earn a lot more than teachers and nurses and are therefore less of a credit risk.

Usually a professional body or association which determines the standards of said profession. Doctors have the AMA, lawyers have the law institutes etc etc.

Cheap change for Doctors though :)

Cause historically these professions have the lowest default rate, borrow lots of money etc.