For those considering the Carribean, please take stock....literally

gonnif

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Ross and AUC are great place .... to invest in

BUZZ-DeVry Education Group hits more than 7-mth high on Q4 results
10:38 AM ET, 08/19/2016 - Reuters
** For-profit education provider's shares surge as much as 10.9% to touch more than 7-month high of $24.33

** Stock among top percentage gainers on NYSE

** Company's Q4 profit, revenue beats estimates, helped by growth in its medical and healthcare and international and professional education businesses

** For-profit education providers have been under pressure from falling enrollments after a series of U.S. government investigations into student-debt loads and graduation rates
 

md-2020

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Ross Medical School: Our ROI is almost as high as our attrition rate!
I definitely still would not buy in right now. With the rise of CNU as the first domestic for profit medical educator, the Carib schools could very well go offline sometime in the near future. And without the med school, devry is an albatross.
 
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gonnif

gonnif

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gonnif

gonnif

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I definitely still would not buy in right now. With the rise of CNU as the first domestic for profit medical educator, the Carib schools could very well go offline sometime in the near future. And without the med school, devry is an albatross.
Actually, reading the DOE, GAO, and HHS documents on this, you can see which schools are positioned to survive the upcoming wave in 2023 where all off shore schools must be accredited . Ross, AUC, SGU, UMHS (the school Ross started after selling), and the Australian Programs have all be involved in the committees to recommend and draft regulations. I am not sure that the R3 schools (St. Matthews, Saba, and MUA/Nevis) will survive from a financial point of view.

DeVry will survive without their medical school and just sell off the subsidiary (DeVry Medical International). But I doubt they will need to. Would be an interesting pipe dream to take over the school and convert it into a nonprofit program. Put in a more rigorous and transparent admission system, even if more lower tier.

Of course the Trump University Medical School and Casino will beat me to as they opening up a Clinic and Resort at a Caribbean Island near you. You know its gonna be Yuge!

In all seriousness, both the limiting of opportunities of for the off-shore grads and the ever increasing profit-driven models for these schools is quite sad. They used to be a reasonable option for those who want to be a physician. Certainly I have sent many nontrads there earlier in career and have been treated by many as well. Just as an advisor, it presents too much risk. As I've said often, before considering any offshore school applicant must go through at least two application cycles for both MD and DO with at least a year break in between (ie skip a cycle) for application repair and/or enhancement. the break is necessary to analyze and understand the weaknesses in an application. Repair may be as simple as reorganizing rewriting application or it may require postbacc, SMP, MCAT, or additional extracurricular such as clinical volunteering and other items. I strongly advise that no student should consider off shore schools until the above has been done.
 
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