Free medical school - Johns Hopkins

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's unclear how this accomplishes much of anything, since anyone admitted to medical school is pretty much assured of qualifying for loans if unable to pay out of pocket, because future earning power is guaranteed to enable repayment of those loans. That is, I doubt anyone is deterred from applying to medical school because of the cost of tuition.

It is nice that some medical school students won't have to take out or repay loans, but it's not like the school will admit more applicants and produce more graduates. The supply of graduates will remain the same after this donation, with the only apparent difference being that some graduates will not have loans to repay, while those who have loans will have the earning power to repay theirs.

Seems kind of pointless, actually.

A lot of people would not attend medical school if that required massive loans. You can apply and see what kind of financial aid / merit aid is available. If the cost of school is too high, you can do something else. Or not apply to begin with.

Nobody wants to get into massive educational debt. This is kind of a duh obvious thing.

Most med students do take on massive loans. And pay it off. Salaries for doctors across most specialities are more than enough to pay back your loans with ease. We are not talking about free tuitions for public health specialists working in poor neighborhoods but people who go on to make an average of $277k (primary care) and nearly $400k (specialists).

More privilege for the already privileged, as most med students are.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's unclear how this accomplishes much of anything, since anyone admitted to medical school is pretty much assured of qualifying for loans if unable to pay out of pocket, because future earning power is guaranteed to enable repayment of those loans. That is, I doubt anyone is deterred from applying to medical school because of the cost of tuition.

It is nice that some medical school students won't have to take out or repay loans, but it's not like the school will admit more applicants and produce more graduates. The supply of graduates will remain the same after this donation, with the only apparent difference being that some graduates will not have loans to repay, while those who have loans will have the earning power to repay theirs.

Seems kind of pointless, actually.

A lot of people would not attend medical school if that required massive loans. You can apply and see what kind of financial aid / merit aid is available. If the cost of school is too high, you can do something else. Or not apply to begin with.

Nobody wants to get into massive educational debt. This is kind of a duh obvious thing.

Most med students do take on massive loans. And pay it off. Salaries for doctors across most specialities are more than enough to pay back your loans with ease. We are not talking about free tuitions for public health specialists working in poor neighborhoods but people who go on to make an average of $277k (primary care) and nearly $400k (specialists).

More privilege for the already privileged, as most med students are.

If you want to deter the smartest and most talented students from becoming doctors, then okay.

4 years premed college, 4 years medical school, 3-10 years of residency/fellowship, forgoing a decent income for these years, and afterwards, long hours at a demanding job for people like you who think physicians are privileged and their decades of hard work are being rewarded.

These same students could enter other fields and make a lot more money while working much less.