Update on NM DO school

This forum made possible through the generous support of SDN members, donors, and sponsors. Thank you.

user3

Full Member
10+ Year Member
Joined
Jul 10, 2010
Messages
3,221
Reaction score
1,149
http://krwg.org/post/new-private-medical-school-coming-nmsu-las-cruces

In a memo to NMSU employees Sunday night, NMSU President Dr. Garrey Carruthers announced a new private medical school is planned for land at New Mexico State University. Here is the full text of the memo:

Today, I am delighted to announce a partnership between New Mexico State University, NMSU’s Arrowhead Center and the newly formed Burrell College of Osteopathic Medicine to create the state’s newest medical school on the NMSU campus.

Burrell College of Osteopathic Medicine at New Mexico State University will be a freestanding, privately funded, separately licensed and independently operated entity. No taxpayer dollars will go toward its operation. BCOM’s initial capital investment in the project is approximately $85 million.

Dan Burrell, principal at Burrell Family Offices, will serve as chairman of BCOM and George Mychaskiw will be the chief academic officer and dean. BCOM will train physicians who can deliver culturally competent care in areas along the U.S./Mexico border region, in New Mexico’s rural communities and among the state’s Native American tribes, pueblos and nations.

BCOM has already submitted its pre-accreditation application to the Commission on Osteopathic College Accreditation and will submit an application to New Mexico’s Higher Education Department, private schools division. BCOM’s goal is to admit its first class in August 2016.

Over the past year, BCOM has successfully worked with local and regional hospitals and physicians to create new clinical training programs for the medical school’s students and graduates.

I have long been impressed by the amount of medical and biomedical research, education and outreach performed by our outstanding faculty across NMSU and our community colleges. This new partnership will serve to enhance those efforts, as well as our land-grant mission, as NMSU and BCOM plan to share faculty, research programs and various student-life services.

As part of the agreement with the university, BCOM has agreed to a long-term land lease for its facility at NMSU’s Arrowhead Park. Construction on a new, 80,000-square-foot building to house the medical school will begin within the next year.

Additionally, BCOM has agreed to create a significant scholarship fund for NMSU students pursuing health care and health-related fields, with an emphasis on pre-medicine students. BCOM will also provide payment to NMSU for its students to participate and utilize the same campus services as NMSU students, such as campus housing, NMSU’s student activity center and admission to NMSU athletic events.

This is an outstanding day for New Mexico as this public-private partnership will benefit the health and well-being of people across our state, and the region, by addressing our severe shortage of primary care physicians, especially among New Mexico’s underserved, rural populations. Please join me in welcoming the Burrell College of Osteopathic Medicine to New Mexico State University.

Members don't see this ad.
 
Members don't see this ad :)
Looks like opening up a DO school is the new goldmine.
Indeed. It's like shooting ducks in a barrel. Ducks that fight over first to be shot and spill their innards ($50,000) for the next 4 years.
 
  • Like
Reactions: 2 users
Do these DO schools really operate on a profit?


Let say a school like Nova with 1100 students @ $40,000+/years... That is only 45 mil per year... They have to pay staff. Give them benefits. Building maintenance etc... I don't think it is a lot money in the grand scheme of thing
 
Indeed. It's like shooting ducks in a barrel. Ducks that fight over first to be shot and spill their innards ($50,000) for the next 4 years.
Ducks in a Burrell lawlz.
 
  • Like
Reactions: 2 users
Do these DO schools really operate on a profit?


Let say a school like Nova with 1100 students @ $40,000+/years... That is only 45 mil per year... They have to pay staff. Give them benefits. Building maintenance etc... I don't think it is a lot money in the grand scheme of thing
I know nothing about NSU. 1100 students? Is that the whole university?

For my school there's 330 per class. That is:

330 students/class X 4 classes X 52,000 = 66 million just for the college. Then there's 8 other colleges in the U.

Edit: 66 million every year consistently should be enough to open a satellite campus on Mars.
 
  • Like
Reactions: 1 user
I know nothing about NSU. 1100 students? Is that the whole university?

For my school there's 330 per class. That is:

330 students/class X 4 classes X 52,000 = 66 million just for the college. Then there's 8 other colleges in the U.

Edit: 66 million every year consistently should be enough to open a satellite campus on Mars.
1100 from MS-I to MS-IV... About 300 students per class considering some attrition ...I was not clear...
 
Do these DO schools really operate on a profit?


Let say a school like Nova with 1100 students @ $40,000+/years... That is only 45 mil per year... They have to pay staff. Give them benefits. Building maintenance etc... I don't think it is a lot money in the grand scheme of thing
Only 45 million? Seriously? You can turn a massive profit on that. The faculty:student ratio at NSU is 0.1:1, so you've got 500k per faculty member in tuition coming in. Realistically the max that is going to go to faculty is about 200k per year on average, leaving you with 300k prodit per 10 students. Multiply that by 110 and you've got a whoooooole lot of money.
 
Word, medical education feels like a scam. I pretty much self taught myself everything. People will point you in the right direction, but you'll have to read the book chapter or article yourself. It's definitely not worth $40k+ a year.
 
Last edited:
  • Like
Reactions: 1 user
Word, medical education feels like a scam. I pretty much self taught myself everything. People will point you in the right direction, but you'll have to read the book chapter or article yourself. It's definitely not worth $40k+ a year.


Do you know much do clinical cost the school exactly? I always felt that the explanation of the high tuition was due to payment for clinicals.
 
Members don't see this ad :)
Word, medical education feels like a scam. I pretty much self taught myself everything. People will point you in the right direction, but you'll have to read the book chapter or article yourself. It's definitely not worth $40k+ a year.

There is no amount that you could pay to have everything you need to know spoonfed to you. The price is probably excessive, but at any price, you are going to be self-taught.
 
Word, medical education feels like a scam. I pretty much self taught myself everything. People will point you in the right direction, but you'll have to read the book chapter or article yourself. It's definitely not worth $40k+ a year.
Compared to law school med school is more better value for money.
 
Word, medical education feels like a scam. I pretty much self taught myself everything. People will point you in the right direction, but you'll have to read the book chapter or article yourself. It's definitely not worth $40k+ a year.

Not everyone is able to learn like you do.

With your USMLE score I'm sure you were able to teach yourself many concepts quickly and assess your own weak areas much better than someone who probably got a 190.


Sent from my iPhone using Tapatalk
 
Do you know much do clinical cost the school exactly? I always felt that the explanation of the high tuition was due to payment for clinicals.

I don't think most osteopathic schools pay for clinicals.
 
Do these DO schools really operate on a profit?


Let say a school like Nova with 1100 students @ $40,000+/years... That is only 45 mil per year... They have to pay staff. Give them benefits. Building maintenance etc... I don't think it is a lot money in the grand scheme of thing
I promise you they profit my friend. Education is a business in this country - a necessary investment nonetheless.
 
further info:

http://www.lcsun-news.com/las_cruces-news/ci_26145000/nmsu-campus-host-private-medical-school

"The Burrell College of Osteopathic Medicine, funded entirely by private investors, is scheduled to open in fall 2016 across from Arrowhead Park Early College High School on NMSU's campus. The school will serve 150 students in its first year, adding students throughout the years to reach the planned 1,200 total."

and

http://www.sfgate.com/news/article/Private-medical-school-planned-for-NMSU-5620899.php

"The college will not be part of NMSU, and graduates won't receive NMSU degrees or be admitted through the university's admission process. However, the college's students would have access to NMSU housing, services and activities.

The University of New Mexico in Albuquerque already has a medical school.

The new college's tuition is set at $45,000 per year, compared with in-state tuition of $16,170 and out-of-state tuition at $46,347 at UNM's medical school."
 
It is funny how officials brag about the these new DO schools that will be private, not receive any taxpayer or state funding and go a long way in addressing the physician shortage.

Meanwhile, students and graduates will be indebted on government (taxpayer's) money to the tune of hundreds of thousands of dollars with high interest rates, that many will likely seek forgiveness for through PSLF or PAYE.
 
  • Like
Reactions: 1 user
do MD's pay for clinicals? Not counting Caribs
Nope. That's why all the schools in New York are "angry" because carib schools pay their hospitals and basically take away spots from them.
 
It is funny how officials brag about the these new DO schools that will be private, not receive any taxpayer or state funding and go a long way in addressing the physician shortage.

Meanwhile, students and graduates will be indebted on government (taxpayer's) money to the tune of hundreds of thousands of dollars with high interest rates, that many will likely seek forgiveness for through PSLF or PAYE.
Whatever sounds politically better is what they will say.
 
Actually, yes they do.

Do these DO schools really operate on a profit?


Let say a school like Nova with 1100 students @ $40,000+/years... That is only 45 mil per year... They have to pay staff. Give them benefits. Building maintenance etc... I don't think it is a lot money in the grand scheme of thing
 
Hope they find a way to give tuition free education for the first 2 years! Maybe they will and end up accepting only 50 students for the first two years.
 
Top