And premeds hoot and holler why I say depending on the specialty (not just primary care either), PA or NP would be a much better route to relatively the same destination (esp. with impending loosening of scope of practice laws). I think these numbers will be more and more pertinent once finally the number of US medical school graduates = number of total residency positions (many of them being dead-end prelim positions). Many of those LCME-accredited medical schools have no business charging the level of tuition they do - many of them on par with top-tier medical schools. It's increasing tuition with same if not lesser value.
That is why there are medians.
I thought that was interesting too. Even though COA for private is greater and the average indebtedness is higher, fewer private school students take out loans compared to public schools.
I plan on using PAYE. Let Uncle Sam bear the burden.
Or a statistical analysis that throws out everyone with obscene low levels of debt from family contributions or scholarships. I can't believe they published this study as it is -- it's so disingenuous when you include obvious outliers.
Yup. It's one thing if it's a private, top-tier medical school where one has a slew of research opportunities at your disposal, has every single residency/fellowship available, ability to connect with big-wigs who can write fantastic LORs, etc. thus making it completely worth it for the applicant. In those cases, it's an academic smorgasbord.
No, lots of undergrads in the top quartile of family income, it seems.
Have you not seen the Asian students here whose parents pay their tuition in full?
A little dated (2008): https://www.aamc.org/download/102338/data/aibvol8no1.pdf
You're assuming PAYE will always be there. It's completely up to the federal govt. to continue. I prefer to not put my full trust in assuming the govt. will continue that luxury, esp. in times of deficit reduction.
The explosion of administrative jobs. Dozens and dozens of committees and sub-committees, full of people doing absolutely nothing of importance.
Can't get blood from a stone.
What do you mean? Those committees and subcommittees - Admissions, Curriculum, Promotions, etc. are done by people who are trying to go for tenure - you don't need to hire extra people for those positions. Many of those positions: Dean of the medical school, Dean of Student Affairs, etc. are mandated by the LCME.
Can't they garnish your wages?
I don't know. I can't even keep track of them. It seems every week I hear about or get an e-mail from an administrator I've never met before. Many of them aren't teaching or research faculty i.e. they're dead weight, mandated or not.
Don't get me wrong there are many dead weight faculty members --- usually the ones who have an MA/Ph.D in Sociology/Psychology/Communication Studies/(insert non-science degree) who are hired to teach professionalism, empathy, yada yada, and do their soft research to turn in to the journal Academic Medicine with their medical students as their guinea pigs. Can't teach medical students about medical billing, but they can sure waste time on that ****.
With PAYE, it doesn't really make sense to live like a resident. You can invest the money that you would otherwise be dumping into student loans.
When you have 6 figure debt (a mortgage with no house) and years of delayed gratification, you tell me that you won't feel just a little bit entitled. I know how we can solve this problem - let's add Sociology, Psychology, and Biochemistry to the MCAT with the excuse that medicine is changing oh so fast and will be so much different when we're practicing it vs. when our attendings practiced.
Like?
And what if Congress decides to change the stipulations of PAYE or PSLF or get rid of it altogether?
I guess the horror is over at the end of 4 years, with no residency required to practice, and your NBDE boards being pass/fail now.
apparently tesla lease prices just dropped.
i want a tesla
Is this a recent development?
Um, why?apparently tesla lease prices just dropped.
i want a tesla
Being the head of the AAMC pays big bucks, definitely more than his psychiatry practice I am sure, to get the pleasure to hob nob with bigwigs, congresspeople, fly to give lectures at medical schools, etc. One of his talks with Ezekiel Emmanuel, was in freakin' ASPEN. Probably helps to have a wife a little more than half his age (you can see her on Google Images).
Conferences are fun. Although not for the actual content of the conference itself.Enjoyed Napa, huh?
I was there in April for a dental thing, lasted like 2.5 days, had to come back to NY
