$295,000 In Medical School Debt... Why do medical schools charge students so much money?

Rob Centor:

"Why do medical schools charge students so much money? It was not this way when I went to medical school. I paid an average of $1000 per year in the early 1970s.

Using an inflation calculator, that would become around $5000 per year in current dollars. Yet that same school and most state schools charge 3 times that much."

References:
http://www.huffingtonpost.com/2010/02/23/295000-in-medical-school_n_473601.html
http://www.medrants.com/archives/5327
Image source: OpenClipArt.org, public domain.

2 comments:

  1. Could it be that unsubsidized (or minimally subsidized) medical education is actually pretty expensive? Maybe we're paying closer to the actual cost of education these days. That said, I'm incredibly grateful to my state's taxpayers for subsidizing my medical education. My yearly tuition has hovered in the early-to-mid-20s. It's unclear how most of today's med students are going to pay back the loans + interest in the new healthcare era.

    ReplyDelete
  2. "It's unclear how most of today's med students are going to pay back the loans + interest in the new healthcare era."

    Exactly...

    ReplyDelete

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