Quote:
Originally Posted by bunion123
have NO idea where you got your information from. SGU students pay year by year. and if you check acceptance and graduation rates and the general conseus on Valuemd forums youll see 15% fail out (which ill grant you is still high)
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yes. 15% loss per year (for 30% total drop out over two years) and a 10-15% deceleration (aka a forced repeat of the pre-clinical years solely due to not being high enough up on the class rankings. Is irrelevant of actual grades. Solely class standing, which is what makes me think that the economic model is to collect from 40% of the students to guild the way for 60%). Leads to a class size of 800-1000 and a graduating class size of 450-550 (SGU is less transparent about it class size than Ross, but in the past they've messed up and published it publically. Recently I will admit I've had no clue of the exact class size, but friends on the island confirm about 750-800 there and 100-150 in england). The fact that the graduating number doesnt seem to include the "Decellerated" people means that this is not an issue of "repeating" years, but rather is a deterrant to graduation. Since it every class had a percent that was "Decellerated" you would end up with the previous year compensating for the present year. This is not seen. Instead decelleration is how you really milk 10-15% of the class for even more than the normal ~$200,000 before you boot them.
As for paying ahead of time. I cannot speak for the classes of 2014 or 2015. But the classes of 2013 and 2014 most certainly had to pay ahead of time. It isn't $200,000 on day 1. But it is $200,000 paid out before your even much into 2nd year. Its one of the things that the SGU AND ROSS STUDENTS I ROTATE WITH complain about the most. That they are required to pay their entire 4 year tuition in a little over a year, which leads to them accruing interest on the full amount of their education much earlier than myself, who is accruing a sad +$50,000 each year, but at least I'm still not paying interest on the full $200,000 yet.
EDIT: Disclaimer I always have to give. I do not in any way think less of the students who go there and hundreds of fully competent physicians come out of the various areas of the caribbean each year. My issue falls with the schools themselves, who engage in predatory practices that are both abusive to a large portion of their student body and compete unfairly with American schools by focusing their entire strategy on a technique which American schools are forbidden to compete on due to the rules of their accreditation. Caribbean schools only exist because US schools are not numerous enough to actually train all of the qualified candidates we make at home. This is an issue the AAMC and AACOM have addressed through expanding medical schools within the united states in the coming year. It makes me particularly convened that these schools will become extra abusive of their student body so as to get a final push into the US before an influx of new American schools greatly slams the door on what was once a highly acceptable method for gaining a medical degree, and is still seen as a viable option for those who are willing to take a high risk education.