2 ms·
There's this loop in medical education where people come into it with lofty goals, but are then hit with $240k of tuition (excluding living expenses). They then
by phobosanomaly 6y ago
There's this loop in medical education where people come into it with lofty goals, but are then hit with $240k of tuition (excluding living expenses). They then take out loans on that, and then have to pay them back. So, when people talk about cutting salaries, there are all these new doctors that are going 'wait a minute, by this point I'm $300k (just on postgraduate training) in the hole after 4-years of hellish training, and I have to pay that back.'
If we were able to take some of the debt burden out of medical education, you'd have people still lining up out the door to go to med school, they'd probably be willing to take lower salaries, and work in more underserved areas.