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NYU school of medicine now tuition free...


Bone3421

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It's pretty good, but it's not a free ride.  Does not cover anything but tuition, which roughly is $30,000 in expenses anyway.  Relying on some big donors to fund it, which is always a bit dicey but they're set for a few years (Home Depot founder threw in a big chunk).  Covers ~ 680 students.

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Is Medical Student Choice of a Primary Care Residency Influenced by Debt?

Quote

Conclusion: There is no association between PC residency choice and debt. We conclude that medical students make residency decisions on the basis of a complex set of factors.

 

Medscape (likely registration wall) Study is a little bit aged (2006).

"complex set of factors" includes making bank as a specialist.

The average medical student is likely $120K in debt after medical school. The average specialist pulls in $100k more per year than a primary care physician.  While there are back end fillers like nurse practitioners and physician assistants for primary care, there is still going to be a huge primary care shortage over the next 20 years under our current care delivery system.

So the free tuition is great for the students, but it's not solving any macro level problems in health care delivery.

 

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Who gives a fuck honestly.  Dr's are one of the few professions that never have to worry about paying back student loans.  You walk out of school making a minimum of 250k, and thats if you're a shitty GP in Oklahoma.  I'll get excited when teachers, social workers, and other integral parts of society that don't get paid shit go to school tuition free.  

  • Fuck You 2
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45 minutes ago, Dertyberd said:

Who gives a fuck honestly.  Dr's are one of the few professions that never have to worry about paying back student loans.  You walk out of school making a minimum of 250k, and thats if you're a shitty GP in Oklahoma.  I'll get excited when teachers, social workers, and other integral parts of society that don't get paid shit go to school tuition free.  

My wife is a Family Practice doctor, so I can assure that your above assumptions are dead wrong for practices not located in a city.  Operating a medical practice is also so incredibly frustrating these days that neither she or her fellow local Family Practice colleagues can recommend it as a profession any longer.  Good luck with your future medical care if everyone is a specialist.

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Who gives a fuck honestly.  Dr's are one of the few professions that never have to worry about paying back student loans.  You walk out of school making a minimum of 250k, and thats if you're a shitty GP in Oklahoma.  I'll get excited when teachers, social workers, and other integral parts of society that don't get paid shit go to school tuition free.  


As someone who recruits physicians as part of their job, I can tell you with authority you’re WAY off on what you assume physicians make.
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5 hours ago, Bama Chick said:

 


As someone who recruits physicians as part of their job, I can tell you with authority you’re WAY off on what you assume physicians make.

 

Well fill us in then. I always assumed that was a profession that made more then enough money to not worry about student loans  

 

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On 8/26/2018 at 3:01 AM, Bama Chick said:

 


As someone who recruits physicians as part of their job, I can tell you with authority you’re WAY off on what you assume physicians make.

 

I've gone by what all 4 of my Dr friends showed me when they got there placements, plus a friend who recruits for a large hospital system.  The ortho and the urologist each started out at 500k in Oklahoma and now pull in 1 million plus 7 years out of school.  The anesthesiologist started at 400k and the one GP started in OKC at 300k, but has built a million dollar practice.  The GP basically gets to pick and choose his patients, doesn't accept shitty insurance because there is such a demand for family Dr's in the Oklahoma City area.  In 7 or so years he's at a place where he doesn't take new patients unless they are friends.  It may be hard to recruit to some areas, the medicare/medicaid rates don't compensate what they should, as well as shitty insurance, but these guys have all been good business people.  The recruiter never brings any GP into the system for less than 300k and that includes part of rural OK.  

Without going cloak on this, the system sucks and some Dr's get screwed, but this is a business.  I don't feel bad for the money issue when this is your chosen profession.  I'd love to go to law school and fight the good fight, but it doesn't the pay the student loans.  You have to earn your place defending insurance companies, other shit corporate types, or have an established family practice to make a living starting out.  There is also no guarantee that you will.  Every Dr. I've known in America feels entitled that they're going to be very wealthy and that the system owes them.  I've never met one that is willing to change the system or go against what possible future earnings are they believe are coming to them. Good on the ones that do, but I'd love for them to step up and be heard.  

Edited by Dertyberd
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