Hey all,
Thanks for all of your helpful responses.
It seems that WashU, Emory, or any other expensive private schools are pretty much out of the question now in terms of the cost and risk associated with it.
Now, discussing the BS/MD: I really like that it would provide me a peace of mind as an undergraduate so that I'd be able to explore different passions, have fun, and focus on myself for the next four years. Also, I've looked at the profiles of some students that have gone through this specific BS/MD and most of them have an MBA by their senior year of undergrad along with some research publications. If this program provides me that ease of obtaining an MBA and research right before medical school, it'd pretty much be a no-brainer, but I need to make sure with the program director.
However, going beyond the option of WashU is the fact that I'm on the UT Austin waitlist. Now, UT Austin is also cheap but it's a tad bit more expensive than Texas Tech because they don't give out scholarships (30k/yr) so they're both around the same ballpark. Texas A&M is also similar in that regard. The waitlist is not your typical waitlist, though. According to my UT Austin application portal, they only admit a "very select few" onto the waitlist
this year so I'm pretty confident I'd get in by next month. I would presume that they're using this waitlist to gauge the amount of admitted students that enroll this fall.
@ingobingo is correct in that the only reason I'd ever go to Texas Tech would be for its BS/MD program because of the quality of the other students and its location, but from my perspective, it seems worth the sacrifice. On the other hand, I'd be happy to go to UT Austin because it's a nice, familiar location and that I know the students are of higher quality (many of my friends are attending). Overall, in terms of quality of location and students, I would rank my public IS undergrad schools as such in descending order: UT Austin, Texas A&M, and Texas Tech.
So I guess my final question boils down to this: would attending UT Austin/Texas A&M be worth the effort and stress of maybe getting to attend a better medical school like UT Southwestern and UT Houston McGovern over the guarantee of TTUHSC? Does going to a higher-ranked medical school really matter if I wanted to pursue a competitive residency such as ortho or general surgery?
Since medical school admissions seem to be getting increasingly more difficult every year with more and more people reapplying to more cycles and people taking gap years just for the sake of getting in, I am leaning towards the BS/MD. Especially as an Asian male, I know I'd have to grind my ass off in undergrad and sacrifice my mental well-being to get into ANY medical school.
Again, thank you all for helping me make my decision-making process much easier.