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NYU Makes Tuition Free for All Medical Students

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Re: NYU Makes Tuition Free for All Medical Students

#91
post #61
post #59

Bravo! I just wish there was a middle ground here. The problem is that tuition is too high, not that it exists at all. Lowering tuition would solve the problem just as effectively, and could be done for more students.

Lowering med school, law school, and undergrad tuition by 8% across the board doesn't quite get the publicity that eliminating med school tuition does, though.

Especially when they've probably raised it by at least that much just in the last few years.

Re: NYU Makes Tuition Free for All Medical Students

#92
post #7
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…

From my (limited) understanding, the high cost of malpractice insurance that doctors must pay is what drives up the cost of healthcare, more so than their student debt.

Be sure you're sorting out partisan political information in your studies.

Re: NYU Makes Tuition Free for All Medical Students

#93
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…

Those competitive jobs will likely to go to the better-credentialed people anyway, regardless of debt status.

On the other hand, perhaps some great minds choose to go into medicine rather than banking, or more important but lower-paying medical disciplines, because they know they won't be graduating with crippling debt. That seems like a big win.

Re: NYU Makes Tuition Free for All Medical Students

#94
post #82
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?

Indeed. Some of these universities (Stanford, Harvard) are so filthy rich that they could provide free tuition for everyone and still watch their endowments grow from investment returns alone. Not to mention the enormous gifts they receive from successful alumni. Harvard has received hundreds of millions from the likes of Bill Gates and Mark Zuckerberg.

Re: NYU Makes Tuition Free for All Medical Students

#95
post #14

This is awesome! So many medical students are kinda forced into more profitable healthcare practices than ones which people need more desperately (e.g. plastic surgery vs rheumatology). I especially love that this was done with private fundraising over government funding. Philanthropy can be effective, often far more so than governments!

I predict this will have the opposite effect. This will increase the appeal of NYU leading to stronger students applying/accepting offers of admission who go on to get into higher paying specialties.

Re: NYU Makes Tuition Free for All Medical Students

#96

Earlier quoted context omitted.

The paywall hits for me before the source(s) of the subsidies is identified (assuming they are identified). So how much is public and how much is private?

"NYU raised more than $450 million of the roughly $600 million it estimates it will need to fund the tuition package in perpetuity, including $100 million from Home Depot founder Kenneth Langone and his wife, Elaine." Sounds largely private.

That is a shame. I wonder what the stipulations are. Of course, we will never be sure.

But there’s no doubt private money is ruining science enough as it stands.

A far more humane system would not be giving wealthy people so much influence on what people learn at school.

Re: NYU Makes Tuition Free for All Medical Students

#98
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…

It's also important that it's alumnīs in ablative when you're going away from multiple alumnīs.

My friends don't seem to like when I tell them about proper declension when we're in the stadiō.

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