Expensive Schools

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

anon13

Full Member
10+ Year Member
Joined
Dec 26, 2014
Messages
24
Reaction score
3
I feel like some schools get a bad rep for being expensive. For example, GW's tuition is ~52K and while that is a lot, many schools are just expensive if not more so. And yet GW has a reputation for being ridiculously expensive. Of course in-state schools will be cheaper, but my question to you guys is at what point do you consider a school to be too expensive?
 
If you have plans for medical school, graduating from undergrad loan free is a huge plus. Expensive really just depends on how much you and your family can afford. Personally, too expensive is if I have to take out loans for undergrad.
 
GW is really expensive because of it's location.
There are schools with higher tuition than GW that end up coming out cheaper since DC is so expensive. Then GW probably has fees in addition to tuition. Most schools separate fees from tuition in order to make themselves look cheaper.

I think over $40K/yr is too expensive. But I will not be getting into a school at that price. I will choose to spend what I think is way too much instead of choosing a different career.

FIU OOS is $70K for tuition and fees and is in Miami where rent is over $1K/month. I would rather apply multiple cycles than end up paying that much
 
Eh my state school is UIC which has an IS tuition of 40k per year and that's not including some hidden fees so private schools with 5ok per year tuition aren't that expensive to me...
 
Most premeds have no concept between 40k/year and 70k/year because they've never dealt with those kind of numbers before. My state school is 70 k a year for OOS and people are jumping for joy when they get an OOS acceptance. There is nothing special or unique about the school they are just excited to go to med school no matter the cost.
 
Most other schools seem expensive when IS tuition is $24k at your state school. A$100k savings in 4 years is quite the chunk of change.
 
I live in Pennsylvania and the cheapest school in the state doesnt dip below 40k, so i dont have much of a choice in the matter.
 
I feel like some schools get a bad rep for being expensive. For example, GW's tuition is ~52K and while that is a lot, many schools are just expensive if not more so. And yet GW has a reputation for being ridiculously expensive. Of course in-state schools will be cheaper, but my question to you guys is at what point do you consider a school to be too expensive?
All ridiculously expensive schools should get a bad rep for being ridiculously expensive. That being said, training physicians is expensive. State schools are subsidized by the taxpayers, so they don't have to charge as much tuition. Private schools often don't have that subsidized funding. Keep this in mind when your alumni association comes looking for you 10-20 years from now, asking you to contribute to their scholarship endowment.

To answer your question, one has to consider how badly one wants to be a physician. Would you be willing to pay $100,000 for the privilege of attending medical school? How about $1 million? I think most people would agree that the answer lies somewhere between those two values, based upon current market prices and current physician salaries. However, the answer also depends on what your options are. If GW is your one and only acceptance, you pay it up, buttercup. However, I would caution you not to spend more money than you have to. In other words, don't select GW over your state school that costs half the price if you are in the fortunate position of having the option to choose between them. In general, you should choose the cheapest school you can get into unless you have extenuating personal circumstances. I'm talking about things like being on the opposite side of the country from your spouse and children here, not things like oh, GW has PBL or P/F or XYZ other newfangled gee whiz preclinical curricular fad, and my state school doesn't, so I'm going to spend twice as much money to go to GW. Wasting money on BS like that is not a decision you'll be pleased to have made when you reach my point in life.
 
All ridiculously expensive schools should get a bad rep for being ridiculously expensive. That being said, training physicians is expensive. State schools are subsidized by the taxpayers, so they don't have to charge as much tuition. Private schools often don't have that subsidized funding. Keep this in mind when your alumni association comes looking for you 10-20 years from now, asking you to contribute to their scholarship endowment.

To answer your question, one has to consider how badly one wants to be a physician. Would you be willing to pay $100,000 for the privilege of attending medical school? How about $1 million? I think most people would agree that the answer lies somewhere between those two values, based upon current market prices and current physician salaries. However, the answer also depends on what your options are. If GW is your one and only acceptance, you pay it up, buttercup. However, I would caution you not to spend more money than you have to. In other words, don't select GW over your state school that costs half the price if you are in the fortunate position of having the option to choose between them. In general, you should choose the cheapest school you can get into unless you have extenuating personal circumstances. I'm talking about things like being on the opposite side of the country from your spouse and children here, not things like oh, GW has PBL or P/F or XYZ other newfangled gee whiz preclinical curricular fad, and my state school doesn't, so I'm going to spend twice as much money to go to GW. Wasting money on BS like that is not a decision you'll be pleased to have made when you reach my point in life.
It's like the kids who choose their undergrad based on how good the sports are at that school.
 
It's like the kids who choose their undergrad based on how good the sports are at that school.
Considering how fanatical some people are about sports, choosing one's UG based on their sports team actually has some logic to it. If tailgating and going to home games is going to be your main source of entertainment (and I can tell you that following college football is a major part of many people's lives here in the South - even bigger than pro football), you'll be able to do it much more cheaply and efficiently if you're a student at a big football school. Not to mention that many of the best teams (especially here in the South) are at our large state U's, not at the expensive private schools. You can certainly get an excellent, reasonably priced education at FSU or UF along with getting your football fix.
 
Considering how fanatical some people are about sports, choosing one's UG based on their sports team actually has some logic to it. If tailgating and going to home games is going to be your main source of entertainment (and I can tell you that following college football is a major part of many people's lives here in the South - even bigger than pro football), you'll be able to do it much more cheaply and efficiently if you're a student at a big football school. Not to mention that many of the best teams (especially here in the South) are at our large state U's, not at the expensive private schools. You can certainly get an excellent, reasonably priced education at FSU or UF along with getting your football fix.
Great way of thinking about it.
 
Considering how fanatical some people are about sports, choosing one's UG based on their sports team actually has some logic to it. If tailgating and going to home games is going to be your main source of entertainment (and I can tell you that following college football is a major part of many people's lives here in the South - even bigger than pro football), you'll be able to do it much more cheaply and efficiently if you're a student at a big football school. Not to mention that many of the best teams (especially here in the South) are at our large state U's, not at the expensive private schools. You can certainly get an excellent, reasonably priced education at FSU or UF along with getting your football fix.

Completely agree with this post. There are many state school is the south that offer a great education at a wholesale cost. The UG I attended was such a school that was also a research powerhouse offering a perfect balance of academics and the college experience (which includes a football sports culture in the south, as you mentioned)
 
Top