Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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. 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.
NP I didn’t realize that, that’s terrible!
It’s also untrue. Graduate students are considered to be independent, and thus are not required to report parental information on fafsa.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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. 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.
NP I didn’t realize that, that’s terrible!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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. 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.
NP I didn’t realize that, that’s terrible!
+1.
It is absurd.
Colleges are GREEDY
Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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. 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.
NP I didn’t realize that, that’s terrible!
Anonymous wrote:Anonymous wrote:In countries like India, you start medical school after 12th grade and by the time you graduate in 4 years, you are an MD.
Even if medical school is debt-free, the YEARS that you devote to become a doctor in this country with a piss poor stipend, the high bar to getting admissions and the diminishing returns due to increasing cost of insurance and how medicine is being practiced today - I wonder if it is worthwhile for the cream of students to venture into this field for financial reasons.
It will not expand to Law and Business because the name of the school is the cachet. In medicine, the name of the school does not matter as much as in Law.
I don’t really love the idea of an MD being only 22 years old. Experience is a great teacher; I’d rather my doctor be older with, usually eight, sometimes six, years of schooling past secondary behind her.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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. 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.
NP I didn’t realize that, that’s terrible!
Anonymous wrote:Anonymous wrote: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?
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. 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.
Anonymous wrote: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?
Anonymous wrote:In countries like India, you start medical school after 12th grade and by the time you graduate in 4 years, you are an MD.
Even if medical school is debt-free, the YEARS that you devote to become a doctor in this country with a piss poor stipend, the high bar to getting admissions and the diminishing returns due to increasing cost of insurance and how medicine is being practiced today - I wonder if it is worthwhile for the cream of students to venture into this field for financial reasons.
It will not expand to Law and Business because the name of the school is the cachet. In medicine, the name of the school does not matter as much as in Law.
Anonymous wrote: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?