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It was just announced that NYU medical school is tuition-free for all medical students.
May the trend continue!
May the trend continue!
So...uh...what are the stats needed to get into NYU?
So...uh...what are the stats needed to get into NYU?
Literally a 100th percentile MCAT(average is 521) and a 4.0 (median is 3.92)
Literally a 100th percentile MCAT(average is 521) and a 4.0 (median is 3.92)
That won't open for some time, and a lot of new med schools will waive tuition for the first year class to attract peopleHopefully, many other schools offer tuition free admission to medical students.
At the new University of Houston Medical College, an anonymous donor agreed to paid all tuition for the first year's entering class.
Medscape: Medscape Access
How long do they plan to keep this up for though? It doesn't even look like they met their goal in funds yet. They probably will, but nothing free lasts for too long. Based on the article it sounds like they want to make it long-term but...600 mil...
With a 600 million dollar investment, if you aren't making up the 5-10 million dollars lost per year for tuition, you need a new financial advisor.How long do they plan to keep this up for though? It doesn't even look like they met their goal in funds yet. They probably will, but nothing free lasts for too long. Based on the article it sounds like they want to make it long-term but...600 mil...
How long do they plan to keep this up for though? It doesn't even look like they met their goal in funds yet. They probably will, but nothing free lasts for too long. Based on the article it sounds like they want to make it long-term but...600 mil...
Free tuition and NYU being a top dog, without a doubt hard to beatNYU is Top 5 med school with this move damn. I'd say number one in my book
It’s actually 4.5 mill times 4 (for all classes).probably been calculated to where the initial 600 mill fund is invested by the University and the returns are sufficient to fund the (90*50k =) 4.5+ million / yr it will cost to keep this running in perpetuity (with inflation). There's a Malcolm Gladwell podcast on how universities use their endowments thats pretty interesting, I think it's in s2 of revisionist history
It’s actually 4.5 mill times 4 (for all classes).
NYU is Top 5 med school with this move damn. I'd say number one in my book
Free tuition and NYU being a top dog, without a doubt hard to beat
Right!Imagine some of the kids of the NYU class that just graduated in like 250k of debt lol
It's Realistic Renée. In my experience most good things have a nasty habit of not lasting too long. Anyways, yay! Free tuition at NYU!Negative Nancy
FTFYBest scenario, my school starts to do 0 tuition to compete with my preexisting loans.
I’m going to need you to sit down for this one.
Literally a 100th percentile MCAT(average is 521) and a 4.0 (median is 3.92)
pretty much. Data shows that after 500 MCAT majority of people pass med school fine. Stat inflation is not a reflection of anything besides supply and demand. Schools can demand stupid high stats just because.What's funny about this is that they accepted someone with an MCAT as low as 504, and someone with a GPA as low as 3.28 with expectations those people will understand the material just fine.
Just more evidence that medical school love stat pushing.
Expect their MCAT median to rise to 528.Do any adcoms have insight into what this might mean for NYU admissions this year? Also, can we expect other medical schools to follow suit in the coming years?
pretty much. Data shows that after 500 MCAT majority of people pass med school fine. Stat inflation is not a reflection of anything besides supply and demand. Schools can demand stupid high stats just because.
I'm skeptical that average stats will rise more (they are already astronomical). NYU isn't the first top-tier med school to guarantee full-tuition to all of its students--CCLCM beat them to that by about 10 years (as the poster above mentioned) and their average stats are on par with other top tier schools. Additionally, we see students on here who seriously consider turning down full rides to excellent medical schools to attend Harvard/Stanford/Hopkins etc. I don't see how NYU would disrupt that trend. I'll go as far as to say that the tippy-top ranked schools like Harvard and Stanford won't change their practices at all.Expect their MCAT median to rise to 528.
if would be interesting to see if thi might cause an arms race amongst the most well endowed schools, like Harvard and Stanford.
I seriously doubt that new NYU grads will be going into Primary Care, though.
I'm skeptical that average stats will rise more (they are already astronomical). NYU isn't the first top-tier med school to guarantee full-tuition to all of its students--CCLCM beat them to that by about 10 years (as the poster above mentioned) and their average stats are on par with other top tier schools. Additionally, we see students on here who seriously consider turning down full rides to excellent medical schools to attend Harvard/Stanford/Hopkins etc. I don't see how NYU would disrupt that trend. I'll go as far as to say that the tippy-top ranked schools like Harvard and Stanford won't change their practices at all.
Certainly not disagreeing with you there--just saying it does happen. People on this site in particular abide by these US News rankings like the gospel when discussing medical schools, which naturally results in some people choosing to pay 300k for Harvard over their full-ride to Wash U/U-Chicago/UCLA etc.Top tier students, smart enough to get into Harvard, but dumb enough to turn down full rides to other medical schools to save 300k.
Certainly not disagreeing with you there--just saying it does happen. People on this site in particular abide by these US News rankings like the gospel when discussing medical schools, which naturally results in some people choosing to pay 300k for Harvard over their full-ride to Wash U/U-Chicago/UCLA etc.
It is foolish, but I don't entirely blame them either. A lot of the top tier schools (especially ones that don't offer generous scholarships) are put on a pedestal for the prestige their name brings and alleged boost in competitiveness for ultra-competitive residencies. If you buy into this mindset completely, then attending U-Chicago (random top tier school that offers merit aid) gives you a smaller chance of matching Derm at Mass Gen than attending Hopkins (random 'higher' ranked school with stingy aid).Can't tell if these students are logical for scoring well on the MCAT or illogical for their real life thought processes. It's probably the biggest paradox on SDN:
"I want to be a physician and school A will get me their for free while school B is asking for 300k, what should I do?"
How many people have even heard of CCLCM? It's not even in MSAR!I'm skeptical that average stats will rise more (they are already astronomical). NYU isn't the first top-tier med school to guarantee full-tuition to all of its students--CCLCM beat them to that by about 10 years (as the poster above mentioned) and their average stats are on par with other top tier schools. Additionally, we see students on here who seriously consider turning down full rides to excellent medical schools to attend Harvard/Stanford/Hopkins etc. I don't see how NYU would disrupt that trend. I'll go as far as to say that the tippy-top ranked schools like Harvard and Stanford won't change their practices at all.
It's not irrelevant, but we're not talking about Nowhere State University School of Medicine vs. Harvard Med. We're talking about what are by all accounts top tier schools in terms of affiliation, match lists, stats vs. Harvard Med. The only difference is that the other top tier school isn't ranked as highly by US News.@ everyone replying above
School prestige/whatever matters for residency. How much it matters to you vs. how much money you have to pay is a personal decision but a decision you should make with maximal information. That is why you can’t just say “oh this school is free I should go there”. There is an opportunity cost. Again, how much value you place in that vs tuition is a personal decision, but don’t stick your head in the sand and say it’s irrelevant.
Expect their MCAT median to rise to 528.
if would be interesting to see if thi might cause an arms race amongst the most well endowed schools, like Harvard and Stanford.
I seriously doubt that new NYU grads will be going into Primary Care, though.
I agree that NYU is better known for the university name recognition, but I disagree with your implication that it's not a "really top school." Honestly a lot of this is CCLCM's own fault for almost intentionally hiding its program, but if you take a closer look their students match like a top 5 medical school (I would argue stronger than NYU). Not to mention it's affiliated with the #2 hospital in the country. None of this is to discredit NYU, but they simply weren't first.How many people have even heard of CCLCM? It's not even in MSAR!
I submit that NYU is far better known, and not all of the Really Top Schools give free rides for all four years.
Yea, it's interesting that CCLCM doesn't have anyone going into FM!
CCLCM Class of 2018 Match Results
Where did I say that either NYU or CCLCM was NOT a Really Top School?I agree that NYU is better known for the university name recognition, but I disagree with your implication that it's not a "really top school." Honestly a lot of this is CCLCM's own fault for almost intentionally hiding its program, but if you take a closer look their students match like a top 5 medical school (I would argue stronger than NYU). Not to mention it's affiliated with the #2 hospital in the country. None of this is to discredit NYU, but they simply weren't first.
But also, this idea that reducing cost of medical education will magically encourage people to pursue primary care is a joke. The only way to encourage people to go into primary care is to make it a more compelling proposition (better lifestyle, compensation, etc). You can see it in CCLCM's match list and no doubt NYU's match list will be specialty heavy for years to come.
It is foolish, but I don't entirely blame them either. A lot of the top tier schools (especially ones that don't offer generous scholarships) are put on a pedestal for the prestige their name brings and alleged boost in competitiveness for ultra-competitive residencies. If you buy into this mindset completely, then attending U-Chicago (random top tier school that offers merit aid) gives you a smaller chance of matching Derm at Mass Gen than attending Hopkins (random 'higher' ranked school with stingy aid).
Sorry, it seemed like you were implying CCLCM was not a "Really Top School" based on the way you framed your post. If that's not your opinion then there's nothing to argue about. I agree it is less well known though.Where did I say that either NYU or CCLCM was NOT a Really Top School?
Agree 100% with the bolded. But the general gestalt amongst medical educators for nearly two decades has been that people go for the lucrative specialties due to the massive debt that med students acquire.
Imagine some of the kids of the NYU class that just graduated in like 250k of debt lol
Yeah but they didn't mention that the secondary now costs $200000.
Do you have an NYU caliber app? If not, they don't need the money. Take your SO out for dinner instead.Well looks like I'll be doing one more secondary considering it may result in a full ride.
Do you have an NYU caliber app?