Let me make a disclaimer that I am NOT saying private schools are not high-performing academic institutions.
From my experience, private schools are generally not recognized by other physicians. I was on a rotation during my fourth year, and when the MD asked where we were from, some students said Indiana University, and some said NECO. The doc literally paused and asked, “What’s NECO?”
Any OD would argue NECO is a high-performing school, but MDs don’t understand the title of non-medical schools.
Other private schools like NOVA have an established academic and medical reputation, and docs recognize the title and prestige.
I had a friend who was on rotation with a student from UMSL who had the same experience. A surgeon asked, “Did you go to University of Missouri, too?” And the student said she went to Arizona College of Optometry. The doc had no idea what that was, and when she clarified it was Midwestern, he still didn’t know what it was.
Moreover, private schools often have the reputation that “money talks.” They have to fill 100 or 150 spots with students. So at the end of the day, it’s a money game.
Public schools (and some private schools) that are state-funded or receive money from the NIH, are held on a state and national level to be producing credible research and top-tier docs. If a public school were to have a large class fail national boards, it would cause the state university and potentially state legislation to step in because that reflects poorly on the institution and looks like a waste of taxpayer dollars. Therefore, state schools care less about the money and more about who will reflect as a higher-caliber student.
Does that make sense?
A list of NIH-funded schools can be found here.
https://www.usnews.com/best-graduate-schools/top-medical-schools/most-research-money-rankings
NIH funded schools include (but are not limited to) IU, NOVA, OSU, UAB, UMSL, SUNY, UCB, etc.