US News and World Report - Schools with Highest Debt Load...

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There are 6 CCOM on a list of 10 schools when DO schools make up only 1/3 of all US med schools. Something got to be done about these schools ripping students off because they can...

Edit... It's even worst....DO schools make up about a 1/5 of all US med schools.
 
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I'm surprised Tufts isn't on there...
 
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Another sad point is that it appears this data was taken on graduates, not post-residency. So take that 250K and add another 7%, or roughly 20K. Then do that 2-3 more times, and you're finally at post-residency in the majority of fields. No student can pay down that interest during residency. If they were lucky to get half that interest paid down, they're still looking at 300K at the end of residency.
 
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It isn't just about the tuition cost, which is actually not higher at many DO schools. It is also a reflection of how much the schools have to distribute in scholarships and other aid to students that helps bring down the amounts they need to borrow. Some DO schools may have less to spread around.
 
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Tuition at DO schools isn't really very different from MD schools. Why would it be? Same education and all. Debt load has a lot more to do with scholarships and family contribution than tuition.
 
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My debt is a little higher than any of those. My school isn't on that list.

It's tough to do with a family, especially if having a parent at home with the kids full time is a priority.
 
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jonnythan said:
Tuition at DO schools isn't really very different from MD schools. Why would it be? Same education and all. Debt load has a lot more to do with scholarships and family contribution than tuition.
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MD schools generally offer more scholarships for students. Regardless, this list makes DO schools look bad.
 
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jonnythan said:
Tuition at DO schools isn't really very different from MD schools. Why would it be? Same education and all. Debt load has a lot more to do with scholarships and family contribution than tuition.
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Not in my state.
 
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Promethean said:
Florida means you have LECOM-Bradenton, where tuition is what, around 30k? That is 50-60% of the cost of my state MD schools.
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LECOM-B is the closest to the MD avg for FL (less than 30k), but Nova's tuition is highest in the state (over 40k). These are in-state numbers, obviously.
 
http://www.usnews.com/education/bes.../10-most-affordable-private-medical-schools/9
4 out of 10 are DO schools
http://www.usnews.com/education/bes...0/10-most-expensive-private-medical-schools-2
0 out of 10 are DO schools

This leads me to believe it has more to do with scholarships and parental contributions than anything else.
Look at this, I know its from 2004 but its the most up to date I could find
http://www.aacom.org/resources/bookstore/Documents/special-report.pdf
It appears that only 30% of osteopathic medical students had a parental combined income of 100,000 (look at pg. 35)
Now look at this...
https://www.aamc.org/download/102338/data/aibvol8no1.pdf
The average family income in 2006 (I know there is a 2 year difference) for MD students was 100,000

These statistics, while maybe not the best (but the best that I could find offhand), may suggest that parents of MD students just make more money and are more able to contribute to their kids education expenses. It may actually have little to do with the tuition that these schools charge.
 
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FutureDO22 said:
http://www.usnews.com/education/bes.../10-most-affordable-private-medical-schools/9
4 out of 10 are DO schools
http://www.usnews.com/education/bes...0/10-most-expensive-private-medical-schools-2
0 out of 10 are DO schools

This leads me to believe it has more to do with scholarships and parental contributions than anything else.
Look at this, I know its from 2004 but its the most up to date I could find
http://www.aacom.org/resources/bookstore/Documents/special-report.pdf
It appears that only 30% of osteopathic medical students had a parental combined income of 100,000 (look at pg. 35)
Now look at this...
https://www.aamc.org/download/102338/data/aibvol8no1.pdf
The average family income in 2006 (I know there is a 2 year difference) for MD students was 100,000

These statistics, while maybe not the best (but the best that I could find offhand), may suggest that parents of MD students just make more money and are more able to contribute to their kids education expenses. It may actually have little to do with the tuition that these schools charge.
Click to expand...

good points, though I'm a little confused since my school's tuition and fees is over 52k and it doesn't show up on the top ten list of most expensive private med schools. nor does CCOM which is closer to 56k a year. dunno why they left out those schools
 
guylewis said:
good points, though I'm a little confused since my school's tuition and fees is over 52k and it doesn't show up on the top ten list of most expensive private med schools. nor does CCOM which is closer to 56k a year. dunno why they left out those schools
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I actually was wondering the same thing. At first, I thought that they were just not including DO schools. Then I looked at their affordable list and it included them, so I'm not really sure why they are not included. The article was written last year, so maybe that has something to do with it but I'm not sure.
 
FutureDO22 said:
I actually was wondering the same thing. At first, I thought that they were just not including DO schools. Then I looked at their affordable list and it included them, so I'm not really sure why they are not included. The article was written last year, so maybe that has something to do with it but I'm not sure.
Click to expand...
actually I realized it has everything to do with it. our tuition was only around 50k last year and this year it jumped to 52k which means that this info is based on last years data. still, CCOM was well within the range to be in the top 10 so that still confuses me.
 
NurWollen said:
I'm surprised AZCOM and CCOM aren't on there. Their tuition is higher than any of those.
Click to expand...
I'm surprised especially that LMU beat out CCOM. LMU's tuition is $10k+ cheaper per year and the COL is in a whole different league. I think their stats are either wacky or very out of date.
 
FutureDO22 said:
http://www.usnews.com/education/bes.../10-most-affordable-private-medical-schools/9
4 out of 10 are DO schools
http://www.usnews.com/education/bes...0/10-most-expensive-private-medical-schools-2
0 out of 10 are DO schools

This leads me to believe it has more to do with scholarships and parental contributions than anything else.
Look at this, I know its from 2004 but its the most up to date I could find
http://www.aacom.org/resources/bookstore/Documents/special-report.pdf
It appears that only 30% of osteopathic medical students had a parental combined income of 100,000 (look at pg. 35)
Now look at this...
https://www.aamc.org/download/102338/data/aibvol8no1.pdf
The average family income in 2006 (I know there is a 2 year difference) for MD students was 100,000

These statistics, while maybe not the best (but the best that I could find offhand), may suggest that parents of MD students just make more money and are more able to contribute to their kids education expenses. It may actually have little to do with the tuition that these schools charge.
Click to expand...

I must be missing something. How are LMU grads escaping with top 10 debt while attending one of the top 10 most affordable private medical schools?
 
So based on those the one at the top of the most expensive list is like ~$55k and the ones in 6-10 of the least expensive list is like $40-$45k, so we're talking a range of only $10k or so difference between the top 10 most expensive schools and the top 10 least expensive schools. Excluding outliers like my school and Baylor, the range is from like $37k-$55k. I mean thats big, but not nearly as big of a range as I expected.

I also find it funny that LMU-DCOM is on the least expensive list and the list where the graduates have the most debt.
 
Mehd School said:
I must be missing something. How are LMU grads escaping with top 10 debt while attending one of the top 10 most affordable private medical schools?
Click to expand...

They have less money of their own (or of their family) to partially shrink that potential debt, and/or they get less aid and scholarships than a lot of the other schools.

Also, I said shrink that debt, as opposed to cover it all, because I believe that article was based on all those who borrowed money for med school, so excluded those fortunate enough to pay the whole way through.
 
If it's on the internet then it must be true
 
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"*RNP denotes an institution that is ranked in the bottom one-fourth of all medical and osteopathic schools. U.S. News calculates a rank for the school but has decided not to publish it."



bonk.gif
 
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jonnythan said:
Tuition at DO schools isn't really very different from MD schools. Why would it be? Same education and all. Debt load has a lot more to do with scholarships and family contribution than tuition.
Click to expand...
No actually it is, bc LCME has a rule on how much medical school can rely on tuition when it comes to their budgets. Hence see places like Rosalind Franklin that get put on probation for relying too much on tuition.
 
DermViser said:
No actually it is, bc LCME has a rule on how much medical school can rely on tuition when it comes to their budgets. Hence see places like Rosalind Franklin that get put on probation for relying too much on tuition.
Click to expand...

Whether or not the LCME makes restrictions on how much of a school's funding comes from tuition has little (if anything) to do with the cost of tuition at MD schools. DO schools are primarily private. Private schools cost more. Private DO schools as a whole are not significantly more expensive to attend than private MD schools, in terms of tuition. Scholarships and aid on the other hand is different story.
 
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hallowmann said:
Whether or not the LCME makes restrictions on how much of a school's funding comes from tuition has little (if anything) to do with the cost of tuition at MD schools. DO schools are primarily private. Private schools cost more. Private DO schools as a whole are not significantly more expensive to attend than private MD schools, in terms of tuition. Scholarships and aid on the other hand is different story.
Click to expand...

This is the correct answer. When comparing tuition costs, people are commonly comparing apples and oranges.
 
Promethean said:
Florida means you have LECOM-Bradenton, where tuition is what, around 30k? That is 50-60% of the cost of my state MD schools.
Click to expand...

the instate tuition for your state MD school is 60K? doubt that
 
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Mehd School said:
I'm surprised especially that LMU beat out CCOM. LMU's tuition is $10k+ cheaper per year and the COL is in a whole different league. I think their stats are either wacky or very out of date.
Click to expand...

Obviously this is based on my own observations but LMU has a significant number of nontraditional applicants with families, lots of post-grad work, older people. They're coming in with debt already. But I could be completely wrong.
 
schwasted589 said:
Obviously this is based on my own observations but LMU has a significant number of nontraditional applicants with families, lots of post-grad work, older people. They're coming in with debt already. But I could be completely wrong.
Click to expand...
You make a very valid point. I hadn't considered that.
 
That's why I love LECOM.
 
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So does US News just pull these numbers out of wherever they please?

I know for a fact that I'm paying more than what's listed. Why even update if the numbers are plainly wrong?
 
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