PSA: if your kid wants to go to medical school for free

[Anonymous]

Anonymous wrote:Medicine SUCKS in America. Both my husband and I are MDs. The corporate overtaking of the medical field makes it MISERABLE. Have fun all you future doctors! Our kids are avoiding medicine like the plague. Look at how we were treated during Covid. No wonder there is a shortage.

The private equity takes overs should be illegal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:https://www.yahoo.com/finance/news/albert-einstein-college-medicine-offer-185317271.html

They are offering free tuition after receiving a $1billion gift.

Now that's how colleges should be using endowments.

This gift is silly. Modern medical students are pretty much the most affluent cohort of college students -- both by family net worth and projected future HHI -- so they get to hoard even more of their wealth? This only benefits the largely UMC and rich medical students and the rich insider "money managers" who get to skim millions off the principal investment forever.

it also encourages people from middle and lower class to go into medical school.

We need more doctors, but mostly in non specialized fields.

bullsh*t

why is this bs?

[Anonymous]

PP My kids are doing business and STEM - they are the future overlords of all the “do gooder’ medical kids. It’s a dog eat dog world out there but unless you are on the actual battlefield you refuse to see it. All of admin makes more $$ than 99% of the MDs at the hospital. Sad but true fact. We do not work with a single physician who is happy with their career. Everyone retiring early. These are the cold hard facts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Medicine SUCKS in America. Both my husband and I are MDs. The corporate overtaking of the medical field makes it MISERABLE. Have fun all you future doctors! Our kids are avoiding medicine like the plague. Look at how we were treated during Covid. No wonder there is a shortage.

The private equity takes overs should be illegal.

X a million

[Anonymous]

Haha!

You guys should look up the history of free tuition in the university of California system. This was legislated into state law. The simple solution was that instead of calling the thousands of dollars billed to students for their education as tuition, the universities simply called it a “fee.”

I’m sure this medical school will soon do the same.

[Anonymous]

Anonymous wrote:Medicine SUCKS in America. Both my husband and I are MDs. The corporate overtaking of the medical field makes it MISERABLE. Have fun all you future doctors! Our kids are avoiding medicine like the plague. Look at how we were treated during Covid. No wonder there is a shortage.

Lies. All of the MDs we know with teen and 20-something kids are grooming them to be doctors too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Medicine SUCKS in America. Both my husband and I are MDs. The corporate overtaking of the medical field makes it MISERABLE. Have fun all you future doctors! Our kids are avoiding medicine like the plague. Look at how we were treated during Covid. No wonder there is a shortage.

Lies. All of the MDs we know with teen and 20-something kids are grooming them to be doctors too.

Misery loves company

[Anonymous]

[Anonymous]

Making the most money doesn’t equate to happiness

[Anonymous]

Anonymous wrote:Medicine SUCKS in America. Both my husband and I are MDs. The corporate overtaking of the medical field makes it MISERABLE. Have fun all you future doctors! Our kids are avoiding medicine like the plague. Look at how we were treated during Covid. No wonder there is a shortage.

The MD can lead to other career paths besides clinical medicine.

[Anonymous]

The cost of medical school isn't what's preventing us from having more doctors, the limiting factor is residency slots. Which this donation doesn’t address.

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://www.yahoo.com/finance/news/albert-einstein-college-medicine-offer-185317271.html

They are offering free tuition after receiving a $1billion gift.

Now that's how colleges should be using endowments.

This gift is silly. Modern medical students are pretty much the most affluent cohort of college students -- both by family net worth and projected future HHI -- so they get to hoard even more of their wealth? This only benefits the largely UMC and rich medical students and the rich insider "money managers" who get to skim millions off the principal investment forever.

but it prevents the brain drain- Its capitalism at work. We all want the best & brightest in medicine, that is why it is so highly renumerated in the first place. Medicine is a very difficult and draining field that takes a a lot out of people and there is perforce social services element to it so it has to be a smart financial decision.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:https://www.yahoo.com/finance/news/albert-einstein-college-medicine-offer-185317271.html

They are offering free tuition after receiving a $1billion gift.

Now that's how colleges should be using endowments.

Because the person donating often dictates how their money must be used. Same situation here. This is not some wonderful thing the school decided, it's the wonderful thing the gift giver did.

I know, but the schools should insist on it.

If they do the donor can/will go elsewhere. I want to give you $1Β and you want the school to insist how it’s spent? 😂

Right. Some people are insufferable. This is excellent news, period.

[Anonymous]

Anonymous wrote:PP My kids are doing business and STEM - they are the future overlords of all the “do gooder’ medical kids. It’s a dog eat dog world out there but unless you are on the actual battlefield you refuse to see it. All of admin makes more $$ than 99% of the MDs at the hospital. Sad but true fact. We do not work with a single physician who is happy with their career. Everyone retiring early. These are the cold hard facts.

My college senior says all his comp sci friends are struggling to get jobs this year and are all freaking out. Don’t be so smug yet. “Business” and stem people can find themselves out of a job easily once they are outdated or out of demand but doctors will always have an actual marketable skill.