OFFICIAL: Which medical schools are in financial/curricular trouble?

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Yogi Bear

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Just curious which medical schools are in financial/curricular trouble? also include links to articles describing the condition.

FINANCIAL
Drexel
Georgetown
Mt. Sanai
NYU

ACADEMIC/CURRICULAR
Temple
 
FINANCIAL
Drexel
Georgetown
Mt. Sanai
NYU
Tufts

ACADEMIC/CURRICULAR
Temple
Univ. Colorado
 
djwdv,

What trouble is Univ of Colorado in? I haven't heard antything about that.
 
From people I've talked to, NYU is NOT in financial trouble. Also, Mt. Sinai the hospital is in financial trouble, but I'm pretty sure that the school has a separate endowment and other financial resources.
 
i second md-2007-gal. nyu is not in financial trouble, while on the other hand, mt. sinai is. nyu is in the process of building new research facilities (or something else to that extent), and growth always (well, most of the time) signals financial security.

nyu and mt. sinai are pretty much financially independent of each other and they've been in a bitter fight to dissolve any past "in name only" mergers.

i just wish nyu spent some of their money renovating the subpar dorms/facilities.

-r
 
i don't think drexel's in financial trouble anymore, though i don't know exactly what constitutes "financial trouble".
 
Originally posted by lola
i don't think drexel's in financial trouble anymore, though i don't know exactly what constitutes "financial trouble".

hmmm...u've got a point. i guess the better word would be 'financial instability'/'curricular instability'?
 
I think U of Hawaii had accreditation troubles recently.
 
Drexel was in some financial trouble a few years ago, but from what I understand it is no longer in financial trouble anymore.

X
 
Originally posted by Yogi Bear
hmmm...u've got a point. i guess the better word would be 'financial instability'/'curricular instability'?

hmm. well under that definition, you'd have to include a lot more schools. 🙂I think that the majority of med schools have had financial and/or academic difficulties or instability at some point during the past 5 years. UMAB, Yale, SLU, and Drexel had problems with people passing the boards a few years ago, and Harvard's PBL-based curriculum has been heavily criticized on here and no doubt elsewhere. As for Tufts, I go there but am not 100% sure how the finances are. Both Tufts and NEMC (now Tufts-New England Medical Center), but especially the hospital, were having some serious financial issues at the beginning of Dean Harrington's tenure 7 years ago, but we have been told that the situation has improved dramatically. Tufts was even able to cap tuition for the 2003-2004 school year and probably will also do so for 2004-5 (KOW😉). I wouldn't doubt that a few schools will now overtake us as the most expensive school in the country!

As for curricula, most schools seems to re-evaluate and redo their curriculum fairly often to meet the demands of the students and medical community. Tufts redid the whole second year curriculum this year; changing from a very traditional curriculum with lots of classes running concurrently to integrated blocks and shorter class days. Although the new system is far from perfect, most people like the change.. Also, Jefferson changed from an outdated numerical grading system which students hated (so I'm told) to H/P/F grading.. So don't worry too much about instability, it may benefit you in some cases at certain schools..
 
Drexel has been out of the red for a couple of years now. They have bounced back and the new affiliation with Drexel has them back on their feet.
 
Originally posted by wyo
djwdv,

What trouble is Univ of Colorado in? I haven't heard antything about that.

I believe they're on probation due to too many class hours for students...I'm not entirely certain about that, so don't quote me.
 
Originally posted by wyo
djwdv,

What trouble is Univ of Colorado in? I haven't heard antything about that.

colorado is in both financial and curricular trouble. they are facing a budget crunch from the state and are looking at a possible $6,000 increase in tuition beginning this fall. the usmle has slapped colorado on the wrist for not implementing problem based learning and a few other suggestions from five years ago. it is not that big of a deal and it will probably end up making colorado all the more desirable to attend. they are quickly working to rectify both situations from what i know.
 
My Dad used to work at Micheal Reese here in Chicago, and he told me Rush is having some major financial problems, though I didn't get any specifics. He went as far as to tell me to advise friends who are thinking about Rush to go elsewhere, if they have any comparable options.
 
The LCME cracked down on Colorado with an 18 month time frame to get their **** together in last September, I believe, so they're still in the middle of the clock running. They'll be re-evaluated next spring and if things are still bad, they'll be placed on suspension.

Basically, the problem is that Univ of Colo Health Sciences Ctr is in the middle of a mve to a huge, brand new campus at an old army base locally. The LCME stated that there was too much emphasis on the move and the new campus and not enough on academics. First-year students rated the classes and professors so poorly that something had to be done.

CU's also had some internal squabbles at the highest levels. An unpleasant little power play left a very popular Dean out of a job and the other professors pretty p*ssed off. They staged a formal protest and alerted the media.

It'll be taken care of quickly. CU's got way too much to lose to not do everything the LCME told it to do.

If you want to know more, search the local paper (Rocky Mountain News) as they did a lot of articles on the situation last August/September/October....somewhere in there.
 
Even with a big increase in tuition, the price tag for residents will still be pretty reasonable, and they're working on splitting the first year tuition for out-of-staters over the four years.

I have to admit though that the curricular and political troubles at the school are making me a little nervous. The rumour is that (and please don't consider me to be a reliable source, this is just the speculation that I've heard) the chair of the Department of Medicine, an extremely well-respected doctor, was fired for leading strong resistance against the move to Fitzsimmons. There was worry that this might cause an exodus of faculty in protest. Also, the move is slated to be finished by 2007, I believe. That means that entering students now will be there when the entire institution is in flux.

According to the school officials, the LCME story is this (basically what Macken had said):

At their last accreditation review, the LCME made some "suggestions" for improving the curriculum. Then, the campus move came up, and the school basically let everything else slide except for putting the move through. When the LCME came back this past year (7 years later), and saw that they hadn't made any of the changes that they were advised to do, and saw that the institution was completely mired in making the move, they were not happy.

In any event, I agree with Macken, that UCHSC has too much to lose, but still the entire place in a very unstable situation right now. Food for thought.

When the Fitzsimmons campus is done, it's going to be freakin' incredible, btw.
 
I'm posting a few.. Keep in mind I think that academic instability refers to accreditation problems.

FINANCIAL
Drexel
Georgetown
Mt. Sinai
NYU - (in doubt)
Tufts

ACADEMIC/CURRICULAR
SLU
Univ Hawai`i JAB SOM
Temple
Univ. Colorado
 
You may want to add UMass to the 'financial difficulties' list. Though they don't have any problems currently (as far as I know) the gov of Mass wants to privatize the school over a 4 year period, cutting off all state aid. Basically nobody knows what this will mean exactly, but I would characterize UMass as having a financially uncertain future.
 
You may want to add UMass to the 'financial difficulties' list. Though they don't have any problems currently (as far as I know) the gov of Mass wants to privatize the school over a 4 year period, cutting off all state aid. Basically nobody knows what this will mean exactly, but I would characterize UMass as having a financially uncertain future.
 
You could add Stanford to the list as a school that came within one vote of being put on probation due to facilities issues a few years back. Their curriculum and financial situations are okay, I think.
 
For those who might not know, I just wanted to clarify that Temple was placed on probation for its facilities (as Stanford almost was) and the amount of student debt. Nothing academic in terms of quality of instruction was cited (except maybe relative lack of research). 🙂

I don't know the financial situation but since a new medical school building is being planned, I can only guess it's okay.
 
Necro-bump?

AreYouKiddingMeBlackSS.png
 
no need for the face, could be a great thread.
 
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