Normal degrees haven't been worth the money they're printed on since forever, too. Glad to see the AAMC is working hard to ensure medical degrees join them as soon as possible.
On a related note, "the doctor shortage" construct didn't just appear out of thin air. A "shortage" of a profession isn't like a mountain or the air temperature, it's not something you go out and tangibly notice. Is there a plumber shortage? How the hell would you know, in fact how would you define such a thing? The Doctor Shortage (TM) is an agenda created and pushed by....the AAMC. Hmm, now why would that be. Oh wait, what is the AAMC selling? That's right, it's selling medical education!
It's simple, really. The AAMC pushed the doctor shortage schtick for two reasons. One, to entice people to buy its product, which is spots in medical school. But primarily, and this is the real, silent killer, to push for residency spot expansion. See, the AAMC wants unlimited room for increasing medical school spots, aka its revenue. But eventually, this expansion is going to bump against the number of residency spots, which while growing, are not growing anywhere near as fast as medical school seats. So the AAMC is lobbying hard for much more rapid expansion of residencies so that this limit to its own growth is removed. And what is it using as its primary tool in this lobbying effort? The specter of a calamitous "physician shortage" that is going to strike us down any day now unless we give the AAMC the extra residency spots that it craves, of course.
Sure, all that is going to do is flood the country with doctors and make our job market as effed as law, pharmacy, etc, but that's none of the AAMC's problem. They'll already have cashed the tuition checks by then.