People do not do a strict cost benefit analysis when deciding their line of work. See: English majors. The market is being distorted by lack of residencies. Th

People do not do a strict cost benefit analysis when deciding their line of work. See: English majors. The market is being distorted by lack of residencies. This could possibly also distort the cost of medical school. It is not an undersupply problem of people wanting to be a doctor.