NYU Makes Tuition Free for All Medical Students • Hacker News Board

Re: NYU Makes Tuition Free for All Medical Students

#81

Post by pandler » Thu, Aug 16, 2018, 5:31 PM UTC

mbostleman wrote: post #40

mabbo wrote: post #34

Earlier quoted context omitted.

Why would it? Hospitals in America aren't actually a free market. You cannot choose not to buy, and in emergency situations you can't actually compare prices between sellers. Hospitals charge whatever they can get away with and insurance companies get a discount because they have some leverage- but you and I don't. All this would really do is help lower the medical providers costs. Likely it will give them additional…

Generally speaking, when exactly can you compare prices in a non-emergency situation? I have gotten to the point that every time I see my doctor, I ask for the costs because I enjoy the awkward and ultimately unanswerable question and I like bringing the problem to the surface rather than pretending it doesn't exist.

The cost of what? The end-user cost that you’re billed or their costs to provide the service?

Re: NYU Makes Tuition Free for All Medical Students

#82

Post by btian » Thu, Aug 16, 2018, 5:32 PM UTC

sf_rob wrote: post #32

I'll probably be downvoted on a forum like this, but I worry about the most successful universities using their funds to subsidize those who would be fine without it. I was actually made aware of this by a wealthy Stanford alumni which has a fairly broad program for undergraduate tuition assistance. Graduates of mid/low tier universities seem more and more likely to have to compete with better credentialed people wit…

What are you worried about?

Re: NYU Makes Tuition Free for All Medical Students

#83

Post by naveen99 » Thu, Aug 16, 2018, 5:33 PM UTC

karmajunkie wrote: post #67

naveen99 wrote: post #62

I wonder if they will cover the tax if the irs decides to call it income to the student. But good to see. Doctors have been getting squeezed pretty hard recently. Something has got to give. Radiology had around 80 unfilled residency spots a few years ago because of poor career outlook.

I think this has more to do with ML advances putting radiologists out of a job.

No. I think it was just a large drop in compensation along with increase in productivity targets making radiologists less likely to sell radiology to MED students.

Radiology job market improved since then, residency spots are not going Unfilled anymore.

ML may put radiologists out of a job, but it will take some time I think. Lots of changes will happen by then. Radiology is a nice place to be for hacker types in medicine. It’s actually a fun place to do ML research which I do also (radiologist / AI researcher)

Edit: Medicare has walked back some compensation cuts for medical imaging (for multiple procedures on the same day). My tin foil hat theory is the cost cutters got spooked by the prospect of no more us graduates in radiology.

Re: NYU Makes Tuition Free for All Medical Students

#84

Post by DoofusOfDeath » Thu, Aug 16, 2018, 5:35 PM UTC

sf_rob wrote: post #32

I'll probably be downvoted on a forum like this, but I worry about the most successful universities using their funds to subsidize those who would be fine without it. I was actually made aware of this by a wealthy Stanford alumni which has a fairly broad program for undergraduate tuition assistance. Graduates of mid/low tier universities seem more and more likely to have to compete with better credentialed people wit…

> a wealthy Stanford alumni

Grammar tip: In English, the word "alumnus" is typically declined as it would be in Latin. Especially amongst academics, I'd say.

So if you're writing for that audience, the appropriate forms of "alumnus" are, I think, as follows [0]:

"alumnus" - One male, or one person of unspecified sex.

"alumna" - One female.

"alumnae" - Multiple females.

"alumni" - Multiple persons whose sex is all male, mixed male/female, or unspecified.

[0] https://en.wiktionary.org/wiki/alumnus#Latin

Re: NYU Makes Tuition Free for All Medical Students

#85

Post by dhbradshaw » Thu, Aug 16, 2018, 5:36 PM UTC

That's an easy way to become the most competitive medical school in existence.

Of course, no tuition doesn't mean no debt in a town like NYC. But what a difference!

Re: NYU Makes Tuition Free for All Medical Students

#86

Post by seibelj » Thu, Aug 16, 2018, 5:37 PM UTC

0xcafecafe wrote: post #73

aabajian wrote: post #4

This is amazing. I graduated from medical school two years ago with $300,000 in debt. I'm a software developer on the side and would love to stop residency to try a healthcare startup and/or pursue a research, but the risk is too great - I need the attending salary to pay off the debt.

Geniune question: why does a degree cost that much? Is it the teaching staff salaries? Is it extremely state of the art equipment? Is it possible to disrupt that?

Some things that don’t help are the artificial restrictions on building new medical schools, the difficulty of becoming a doctor in America if you were trained in a foreign country (even a developed country like France), and union-style laws that prevent nurses from doing routine procedures reserved only for licensed MD’s (even banning certificate programs).

Re: NYU Makes Tuition Free for All Medical Students

#87

Post by bitxbit » Thu, Aug 16, 2018, 5:37 PM UTC

sf_rob wrote: post #32

I'll probably be downvoted on a forum like this, but I worry about the most successful universities using their funds to subsidize those who would be fine without it. I was actually made aware of this by a wealthy Stanford alumni which has a fairly broad program for undergraduate tuition assistance. Graduates of mid/low tier universities seem more and more likely to have to compete with better credentialed people wit…

More to do with undergraduates not pursuing MDs. I believe # of applicants actually dipped last year for the first time in a very long time.

Re: NYU Makes Tuition Free for All Medical Students

#88

Post by gt_ » Thu, Aug 16, 2018, 5:38 PM UTC

sf_rob wrote: post #32

I'll probably be downvoted on a forum like this, but I worry about the most successful universities using their funds to subsidize those who would be fine without it. I was actually made aware of this by a wealthy Stanford alumni which has a fairly broad program for undergraduate tuition assistance. Graduates of mid/low tier universities seem more and more likely to have to compete with better credentialed people wit…

Well, now those same graduates “of mid to low tier universities” will be graduates of high tier universities.

Will your logic still hold up?

Are you assuming a certain correlation between the university one goes to and their abilities, given equal opportunity? It sounds like you might be, but please explain yourself if not.

The more humane way to categorize people might not be to start with what “tier” their college is, especially when you’re discussing what “tier” they should have access to.

Re: NYU Makes Tuition Free for All Medical Students

#89

Post by beat » Thu, Aug 16, 2018, 5:38 PM UTC

acomar wrote: post #20

retbull wrote: post #2

I hope this helps to decrease the costs of medical care in the US to some extent as it removes one pressure for doctors to earn extra money charging for things that might not need to be needed. edit: Just so I am clear I know that there are lots of other influences on healthcare costs and doctor debt isn't the only pressure they face. Doctors do have some influence on cost (if not large) and if pressure on them is re…

Doctor's pay is not the driving factor behind increasing medical bills... administrative expenses at providers in insurance, opaque and arcane cost structures negotiated as deals between providers and insurance companies, and record profits at both insurance companies and providers point to a system that's cannibalizing itself. This will do nothing to costs even if implemented universally as it does nothing to addres…

I'm convinced that it's the cost structure, implemented by many-to-many negotiation between providers and insurers, that drives the uniquely high cost of the US health care system. (Unique as in twice as much per capita as the rest of the industrialized world.) Japan's system is structurally very similar to ours - employer-provided private insurance - with one key difference. In Japan, pricing for all medical goods/services are set by a government agency, with an eye to keeping the industry functional/profitable while keeping costs under control. There are no "networks". Everyone knows what it's going to cost, everywhere.

Re: NYU Makes Tuition Free for All Medical Students

#90

Post by jordigh » Thu, Aug 16, 2018, 5:39 PM UTC

DoofusOfDeath wrote: post #84

sf_rob wrote: post #32

I'll probably be downvoted on a forum like this, but I worry about the most successful universities using their funds to subsidize those who would be fine without it. I was actually made aware of this by a wealthy Stanford alumni which has a fairly broad program for undergraduate tuition assistance. Graduates of mid/low tier universities seem more and more likely to have to compete with better credentialed people wit…

> a wealthy Stanford alumni Grammar tip: In English, the word "alumnus" is typically declined as it would be in Latin. Especially amongst academics, I'd say. So if you're writing for that audience, the appropriate forms of "alumnus" are, I think, as follows [0]: "alumnus" - One male, or one person of unspecified sex. "alumna" - One female. "alumnae" - Multiple females. "alumni" - Multiple persons whose sex is all mal…

I rarely hear that anymore. I almost always hear "alumni" in all cases. I've tried saying to the librarians of my alma mater that I'm an alumnus and they repeat back to me, "oh, you're an alumni, sure, let me get you alumni access to our system."

Maybe it's common somewhere else to make those distinctions, but they're not common at McGill.