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Reply to "With med schools going debt-free.. expansion into other fields?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Cornell just announced that its medical school is now going to be debt-free.. do you think this will be a trend in top schools and/or expand to law or business?[/quote] Debt free to those who qualify for financial aid. They'll likely still consider parental income/assets to make financial aid determination. That still leaves a huge segment of potential students uncovered. [b]Many parents tell their kids they are on their own for grad schools, and those students are on their own but still burdened with their parents' assets counting against them[/b]. [/quote] NP I didn’t realize that, that’s terrible! [/quote] It’s also untrue. Graduate students are considered to be independent, and thus are not required to report parental information on fafsa.[/quote] Nope, parental income does factor into some med school aid determination. Different than when we went to grad school.[/quote] DP. Then why does the Ed.gov site say independent students include those pursuing M.D.’s? [/quote] b/c schools have their own requirements. all of the med schools I applied to wanted my parents income which as 250k but they are not paying for med school (rightfully so) they have already taken on debt for my undergrad and have to worry about their retirement but the schools considered their incomes either way[/quote]
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