MiesVanDerMom

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Is U of Vermont a good school to apply to if you're out-of-state? And yes, I do own an MSAR and have looked up the numbers. I was just wondering what everyone thinks.
 

silas2642

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MiesVanDerMom said:
Is U of Vermont a good school to apply to if you're out-of-state? And yes, I do own an MSAR and have looked up the numbers. I was just wondering what everyone thinks.
I interviewed oos there last year. I think that they are fairly accepting of out of staters, but keep in mind that if you do get in, it is incredibly expensive ($60,000/yr) and there is no way to gain instate residency after you've begun. Burlington is a beautiful city and the hospital and school are gorgeous.
 
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MiesVanDerMom

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silas2642 said:
I interviewed oos there last year. I think that they are fairly accepting of out of staters, but keep in mind that if you do get in, it is incredibly expensive ($60,000/yr) and there is no way to gain instate residency after you've begun. Burlington is a beautiful city and the hospital and school are gorgeous.

OK, exactly why I asked. That 60,000 is a no-go for me. Thanks so much!
 
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Highclimber

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I believe that UVM has a cap for in-state students (~30) which was implemented as a way to get more out of staters to pay full tuition and boost revenues of the school... (at least that wa sa rumor floating around this year)...
 

defrunner

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I'm applying to UVm too. $60K per year is a LOT of money, but really.... considering the amount of debt you'll have anyway, it's kind of like throwing a bucket of water into a lake. Yes, it's more money to owe, but...

Look at it this way; if given the choice between UVm or no med school at all (at least for this application cycle), are you really turning it down? I'd love to go to UVm and wouldn't have applied if I didn't. If I have to pay an exorbitant amount to do so, then that's the price I pay for screwing up undergrad and not having the luxury to pick and choose. I'll rest easier knowing that at least it won't be impossible for me to repay the loans once I'm out of school.
 

ADeadLois

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I'm applying to UVM out-of-state as well. I love the area, and the interview feedback on this website seems very positive.
 

Go Time

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Holy smokes! $60k? Did things go up since the latest MSAR? Ouch!
 

ghip

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defrunner said:
I'm applying to UVm too. $60K per year is a LOT of money, but really.... considering the amount of debt you'll have anyway, it's kind of like throwing a bucket of water into a lake.
Throwing a bucket of water into a lake would be like complaining about a $50 fee they tacked on. 50/60,000 is less than 0.1%. Still a big bucket and a small lake, but the analogy works.

Now, compare this with your state school budget of 30-45k/year total, and the difference would have to be one hell of a bucket. We're talking differences of 25-50% of the total cost. That's huge. I think sometimes it's hard to understand the practical difference between loans of around 100k and loans of around 200k. It's all more money than you've likely seen in one place before. But trust me, there really is a difference.
 

notdeadyet

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ghip said:
Now, compare this with your state school budget of 30-45k/year total, and the difference would have to be one hell of a bucket. We're talking differences of 25-50% of the total cost. That's huge.
Agreed, to a point.

If you are talking about choosing Vermont over a state school, figuring the difference is only between $60K and $30K, it's not wise. $120K is a BIG difference, and by the time you pay off interest, it'll be a lot more than $120K.

But ifyou're talking about deferring for a year and reapplying, you're better up ponying for the $60K/year due to working as a doctor for an extra year in your career. Just a thought.
 

defrunner

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Yeah, I was obviously exaggerating, guys haha. But yes, I'd rather get into med school this year and pay the $60K than wait another year, lose a year of a doctor's income to help pay back the loans, while going through this entire process again and have no guarantee of acceptance in any program, much less a program less than half of UVm's costs. As I said, I wouldn't have applied if I didn't want to go.

In fact, I spoke with an MD last week about the pricing policies of med school. He was saying that hypothetically, if Harvard raised their tuition to $50K per semester (not even a year) or something, it would not influence admissions at all. People will still want to go and they would be willing to pay the money, no matter how exorbitant. Now, if Harvard did this, then what's to prevent other top 10 institutions (Hopkins, UCSF, Washington U., etc.) from doing the same? From that point on, it is a domino effect; everyone will jack up their tuition dramatically and yet people will still pay, because a medical education in the US is arguably the best in the world.

The whole point of this is, yes, it would suck to pay $60K per year and yes, I would swallow long and hard before signing the loan application form. But no, it would not deter me from going if it was UVm or nothing and no, I would not regret it, especially if I become financially successful within 5 or so years after residency.

Med schools really have all the power in the world and there is nothing we can do. If it dissuades us from pursuing their education, someone else will take our spot in a heartbeat. That's my point.
 
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