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what do you guys think is the future of caribbean schools?
It wont affect me i am assuming because i am a third year with only 15 months to go...but what about the future students..as in 2012 and beyond. The reason I am writing this is because i realized something. Also with the massive DO school enrollment increases as well as the new opening of DO schools..not to mention MD schools in the US are increasing enrollment and a few new MD schools are starting up in 2010..i think unfortunately this could be the last 5-10 years for caribbean schools. however the basis of my argument is strong if 1) the step 1 and 2 get combined and IS pass fail
any thoughts?
Three dangers to the future of Caribbean schools in my opinion:
1)The credit crunch: alot of students are having real difficulties getting loans. The lending standards have really tightened and many have pulled out of the Caribbean market and even the US undergrad/grad market. This won't effect Saba, AUC,Ross, SGU b/c they have access to federal loans. They are the only 4 Caribbean schools that do.
2)More states are taking on the California list for approved and dissaproved schools. Which limits the states some graduates of Caribbean schools can practice in. Again this doesn't effect well established schools like Saba,Ross, AUC, SGU b/c they have 50 state approval or are case by case in harder licensure sates such as TX
3)The new US schools and DO schools effect depends on two factors IMO. If the US government increases residency spots, as they should based on US population growth it will have little effect. If they don't then it will effect the lower tier schools first, as they tend to take lower qualified applicants.
IMO, in general the established schools AUC,Saba,Ross, SGU will be the last to be effected by any changes, as they have inherent advanatgses of 50 state licensure, federal loans, and in general higher standards for those they accept as students. They have many practicing alums and have sound finances. The abundance of new schools started since 2000 will probably be in trouble, I see many of them closing.