Dreaming of pharmacy schools closing? Keep dreaming

[MatCauthon]

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Read this article about why no law schools after closed yet despite the downturn in law employment.

Law School article

The only thing that will kill pharmacy schools is if students default on their loans and the federal government takes away student loan funding. It could be quite a while before the pharmacy cycle resets itself. All these new schools are not going anywhere unless their students default on loan payments. Defaulting on loan payments is quite hard to do with all the IBR options out there.

It is pretty sad that these colleges can't fail like normal businesses do. The government is the great enabler.

 

[PharmDCandidate2014]

Spot on...

Alaska and the other rural areas will be saturated soon enough.

At least law schools are tiered by quality...not the case with pharmacy schools.

 

[confettiflyer]

At least law schools are tiered by quality...not the case with pharmacy schools.

Implicitly, pharmacy schools are already tiered by the gatekeepers of jobs (at least on the hospital side).

 

[confettiflyer]

At least law schools are tiered by quality...not the case with pharmacy schools.

Implicitly, pharmacy schools are already tiered by the gatekeepers of jobs (at least on the hospital side).

 

[oldstock]

Read this article about why no law schools after closed yet despite the downturn in law employment.

Law School article

The only thing that will kill pharmacy schools is if students default on their loans and the federal government takes away student loan funding. It could be quite a while before the pharmacy cycle resets itself. All these new schools are not going anywhere unless their students default on loan payments. Defaulting on loan payments is quite hard to do with all the IBR options out there.

It is pretty sad that these colleges can't fail like normal businesses do. The government is the great enabler.

it is sad indeed... thanks for the link for the article !!

 

[PharmDCandidate2014]

Just waiting for the day pharmacy school graduates 3 classes per academic year. You know, because we are expecting a 20% job growth so a 300% increase in graduation rate should hopefully absolve that shortage.

 

[oldstock]

Just waiting for the day pharmacy school graduates 3 classes per academic year. You know, because we are expecting a 20% job growth so a 300% increase in graduation rate should hopefully absolve that shortage.

by that time, PharmDs will prob have to compete with high school grads for jobs at McD 😉 lol