Will free medical school make a difference?
Arlen Meyers, MD, MBA
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
President Biden’s plan to make community colleges free for all students comes at a critical time: The pandemic led to a steep decline in college enrollment, particularly for low-income and minority students. And businesses have struggled to fill vacancies, as the economy adds jobs at a rapid rate. But, what are the results?
According to a 2010 study, roughly 40% of American undergraduate students attend community college but only 5% of students who enrolled in medical school in 2012 had attended community college. Because medical school is so expensive, it is worth it to consider taking premed classes at community college and then transferring to a four-year university to finish out the degree.
Ever since The New York University School of Medicine announced that it would waive the tuition of all its students, regardless of merit or need, citing concerns about the “overwhelming financial debt” facing graduates, opinions have been across the board about the wisdom of the decision.
?A transformative new scholarship program established by Weill Cornell Medicine will eliminate medical education debt for all students who qualify for financial aid.
One side applauded the move as a way to reduce (not eliminate) the crushing student debt of medical students, now about $200, 000 on average. The other side questions the wisdom of giving those who can pay a free pass.
When undergraduate student debt is erased, a huge burden is lifted and people take big steps to improve their lives: They seek higher-paying careers in new states, improve their education, get their other finances in order, and make more substantial contributions to the economy, according to a new research study?Second Chance: Life without Student Debt.
Will tuition free medical school make a difference in producing more doctors, produce a more diverse talent pipeline, and, eventually, do a better job of reducing the quality, cost, access, experience and equity gaps that plague the system? Will it change how graduates choose specialities on factors other than how much income they an expect to make?
I'm skeptical for the following reasons:
How it is that inequality has come to define higher education is the subject of Paul Tough’s new book, “The Years That Matter Most.” Tough has spent much of his career as a journalist documenting the injustices of our K-12 system. Here he turns his attention to the years after high school, to our colleges and universities, where we might hope those injustices are addressed. The news is not good. In chapter after chapter, Tough shows how higher education does not ameliorate the inequities of K-12. It magnifies them. Medical schools , selective as they are, perpetuate the cycle.
The sick US medical education system has a long problem list. Treating it with just another pill is unlikely to make a significant difference in reducing long term morbidity or mortality.
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs on Twitter@SOPEOfficial and Co-Editor of Digital Health Entrepreneurship
Helping to make the world a safer place.
6 年About as much of a difference as $0 down mortgages did. If things get complicated, just walk away. No skin in the game.
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
6 年What doctor shortage???https://www.nytimes.com/2016/11/08/upshot/a-doctor-shortage-lets-take-a-closer-look.html
Maybe reducing debt burden will alleviate stress , burnout , physician suicide .
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
6 年First-year enrollment in US medical schools is up 29% since 2002-2003, and 30% growth will be achieved this year (2018-2019), according to results of the 2017 Medical School Enrollment Survey, the AAMC's annual survey of US medical school deans.
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
6 年@Dick Bonnet Please explain how the AMA "restricts the number of medical school seats"