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All good points on both sides of the argument above. My point is more geared toward medicine as that's my field but I'm sure it is accurate for dental training as well. Can you imagine the drop off of academics if this program never comes to fruition? We are going to have 15 years of physicians and dentists who have been making payments to a program that will never come through and were making decisions to number one teach the next generations of doctors. The least that would be expected by these academics to make things more livable despite rising costs of medical school.
For most specialties the time of a Porsche right after residency is gone, but we are set on a vicious never ending cycle. I'm sure this happens as well in dentistry but subpecialization is increasing due to lower reimbursement in primary care. Loan forgiveness helps to lower the blow to people who do want to give back whether by working for a nonprofit and especially in lower paid specialties. If schools have to compete for physicians to stay in academics the budgets will have to grow therefore increasing the cot of medical education for everyone.
For most specialties the time of a Porsche right after residency is gone, but we are set on a vicious never ending cycle. I'm sure this happens as well in dentistry but subpecialization is increasing due to lower reimbursement in primary care. Loan forgiveness helps to lower the blow to people who do want to give back whether by working for a nonprofit and especially in lower paid specialties. If schools have to compete for physicians to stay in academics the budgets will have to grow therefore increasing the cot of medical education for everyone.