NYU now offer Full-Tuition Scholarships to All Medical Students!

True, I forget about that part. But is that a requirement? I know there was a time when it was not a requirement.
I think it depends on the area but im no expert on the topic. Across all fields they are requiring more education than they used to. Even stuff like retail management requires degrees now.

It's kind of crazy to me that employers that offer under 30k a year now demand a degree. But thats where were at.
 
What about the Steins, mordechais, kushners, bloombergs, Kaplans, Zuckers etc, etc.

What about the Chavez, Alverez, Lopez, and Garcia families?

Oh yeah, they are usually in the police blotter in my town here in NorCal.
 
I think it depends on the area but im no expert on the topic. Across all fields they are requiring more education than they used to. Even stuff like retail management requires degrees now.

It's kind of crazy to me that employers that offer under 30k a year now demand a degree. But thats where were at.

Jobs that shouldn't require a degree now do. It is super dumb. I know people that work in health insurance who can't get promoted because they don't have a degree. Even though they have been working for the company for almost 20 years and know the business inside and out. lol, why not just hire the best person for the job?
 
Jobs that shouldn't require a degree now do. It is super dumb. I know people that work in health insurance who can't get promoted because they don't have a degree. Even though they have been working for the company for almost 20 years and know the business inside and out. lol, why not just hire the best person for the job?
I was working for a major retailer like a decade ago, and over night suddenly to be a shift lead you needed a degree. The existing leads were grandfathered in. These were jobs paying maybe 12 or 13 bucks an hour, and they want someone to go to college for that? Just insane.

It kind of sucks for my generation, when I was first entering the job market you could work blue collar jobs or work in service industry stuff and work your way up.

Then boom a lot of the blue collar work vanished and even entry level jobs want degrees now.
 
They article says they raised $600m endowment over the past decade to pay for it in perpetuity

So all of the people crying communism actually missed the role capitalism played?

Is normal on shertard.
 
This doesn't even make sense.

If anything, you'd get a more varied skill level of doctors in Urgent Care/Primary Care. More med students could make decisions on residency based off of interests instead of needing to focus on paying off 6 figure debt.

Loads more people will go into the pre-med program, not every one of them will be the best, or even all that good. But they'll be doctors nonetheless.

Same thing happened in the IT industry in the early 2000s, albeit the forces were different. Schools weren't subsidizing IT degrees. The way it worked in IT was, maybe even still is... everyone wanted to go into computer science to make video games. When they couldn't hack it in all of the math courses or theoretical applications, they switched to information systems, then came out of school without any understanding of the underlying principles of systems or software development and we're awful programmers. But they still filled programming roles by the thousands.
 
I have never met an Anglo/Jew who viewed Asians/Indians are direct competition outside of the tech world. I often wonder where do Asians go after and Ivy League education? The ones I knew in college existed in their own universe; note I went to an average university.

The only type of Asian to fear is the someone like this, and they are a rare breed. Kevin is 99.99% a WASP type male.
https://www.warnerbros.com/studio/executives/operation-officers/kevin-tsujihara
 
So now all the kids tracked for far less lucrative careers in the other colleges (chiefly undergrad) will inherit the burden of that tuition hike.

Score one for socialism!

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The only type of Asian to fear is the someone like this, and they are a rare breed. Kevin is 99.99% a WASP type male.
https://www.warnerbros.com/studio/executives/operation-officers/kevin-tsujihara
lol that guy's nothing compared to Jonny Kim:
https://www.nasa.gov/astronauts/biographies/jonny-kim/biography
Dr. Jonny Kim has been selected by NASA to join the 2017 Astronaut Candidate Class. He reported for duty in August 2017. The California native trained and operated as a Navy SEAL, completing more than 100 combat operations and earning a Silver Star and Bronze Star with Combat “V”. Afterward, he went on to complete a degree in Mathematics at the University of San Diego and a Doctorate of Medicine at Harvard Medical School.

a Navy SEAL and an MD with an advanced math degree and now training to be an astronaut.
 
Loads more people will go into the pre-med program, not every one of them will be the best, or even all that good. But they'll be doctors nonetheless.
You don't understand the process it takes to become a doctor.
 
If they employ a meritocratic system, get ready for the Guptas, Singhs, Chans, Lees, and Patels.
What about the DiCarlos, Nunzios, Romano’s, Columbos, and the Lombardi’s.




Nahhhh. I’m just kidding no one would ever let an Italian do surgery on them. Maybe pave a driveway and make u a great sandwich but surgery? Fuck nahhh
 
You don't understand the process it takes to become a doctor.

You're right. But I imagine the prospect of free med school will attract all manner of people that have no business being doctors. Not everyone that gets into the the free program is going to being the cream of the crop. And without the risk of faulting on loans to motivate, they either switch out or hack their way through it.
 


Free Tuition for All N.Y.U. Medical Students

By David W. Chen | Aug. 16, 2018

17tuition-superJumbo.jpg

New York University’s School of Medicine announced on Thursday that it would cover tuition for all its current and future students. “This decision recognizes a moral imperative that must be addressed, as institutions place an increasing debt burden on young people who aspire to become physicians,” the dean of the school said.



The New York University School of Medicine announced on Thursday that it would cover the tuition of all its students, regardless of merit or need, citing concerns about the “overwhelming financial debt” facing graduates.

N.Y.U.’s initiative comes at a time when affordability has become an increasingly urgent issue in higher education, with some graduates struggling with thousands of dollars in debt.

To date, much of the effort has centered on helping undergraduates cover the balance of their tuition bills, including at community colleges in Tennessee, and two- and four-year schools in New York under the new Excelsior Scholarship.

In the field of medicine, schools have become worried that students saddled with steep debt are increasingly pursuing top-paying specialties rather than careers in family medicine, pediatrics and research. So it was big news in December when Columbia announced a $250 million gift from Dr. P. Roy Vagelos, an alumnus who is a former chairman of Merck & Co., and his wife, Diana, that would offer students with the greatest financial need full-tuition scholarships, and other students grants, rather than loans.

But N.Y.U.’s plan, which was announced Thursday morning in an unexpected ending to the annual “White Coat Ceremony” for new students and their families, goes beyond that, and may spur other top medical schools to follow suit. In a statement, N.Y.U. said that it would be the only top-ranked medical school in the nation to offer full-tuition scholarships to all students.

The plan, effective immediately, covers all current and future students. Annual tuition is roughly $55,000. There are 93 first-year students, and another 350 students who have up to three years left before obtaining their degrees. (A small group of new and current students who are enrolled in joint M.D./Ph.D. programs already have their tuitions paid for, thanks to the National Institutes of Health.)

The plan does not cover room and board or fees, which together are an additional $27,000, on average.

About 62 percent of N.Y.U.’s School of Medicine graduates leave with some debt; the average debt incurred by members of the class of 2017 was $184,000.

“This decision recognizes a moral imperative that must be addressed, as institutions place an increasing debt burden on young people who aspire to become physicians,” said Robert I. Grossman, dean of the medical school and chief executive officer of N.Y.U. Langone Health.

N.Y.U. said that it had raised more than $450 million of the $600 million that it anticipates will be necessary to finance the tuition plan. About $100 million of that has been contributed by Kenneth G. Langone, the founder of Home Depot, and his wife, Elaine, for whom the medical school is named.

To date, only a handful of institutions have tried to make medical education tuition-free, according to Julie Fresne, senior director of student financial services of the Association of American Medical Colleges, a nonprofit organization that represents medical schools.

At UCLA’s David Geffen School of Medicine, a $100 million fund announced several years ago pays for the entire cost of medical school for all four years, including tuition, fees, books and living expenses for roughly 20 percent of its students. But that program is based on merit, not need.

Meanwhile, a small medical school affiliated with Case Western Reserve University at the Cleveland Clinic covers the tuition and fees for its five-year program focusing on research.

Most of the roughly 20,000 students per year enrolled in American medical schools take out sizable federal loans to support their studies. According to the Association of American Medical Colleges, in 2017, the median debt for graduating medical students was $192,000. The median cost of medical school attendance, including living expenses, was $60,945 a year for public medical school and $82,278 for private medical school.

https://www.nytimes.com/2018/08/16/nyregion/nyu-free-tuition-medical-school.html



Hopefully this becomes a trend.
 
You're right. But I imagine the prospect of free med school will attract all manner of people that have no business being doctors. Not everyone that gets into the the free program is going to being the cream of the crop. And without the risk of faulting on loans to motivate, they either switch out or hack their way through it.
I think it will do just the opposite. More (maybe even most) qualified students will apply to the program. The admission committee there will be able to be more selective, and admission will become even more competitive.
 
You're right. But I imagine the prospect of free med school will attract all manner of people that have no business being doctors. Not everyone that gets into the the free program is going to being the cream of the crop. And without the risk of faulting on loans to motivate, they either switch out or hack their way through it.
You have to get an undergrad degree, do hundreds of hours of volunteering and shadowing, and take the MCAT(an 8 hour test) to even get an interview for med school, which you may not even get.

Even if you get into med school there's no guarantee of finishing. Finish med school (4 years of schooling) and you still have to do an intern year and years of residency. During this time you still have to pass board exams. You can "fail" at any step and potentially never be an MD (Attending Physician). There is more to the process that I didn't mention, but I think you get the idea.

Taking away the financial burden of med school won't give you lesser qualified candidates.
 
You have to get an undergrad degree, do hundreds of hours of volunteering and shadowing, and take the MCAT(an 8 hour test) to even get an interview for med school, which you may not even get.

Even if you get into med school there's no guarantee of finishing. Finish med school (4 years of schooling) and you still have to do an intern year and years of residency. During this time you still have to pass board exams. You can "fail" at any step and potentially never be an MD (Attending Physician). There is more to the process that I didn't mention, but I think you get the idea.

Taking away the financial burden of med school won't give you lesser qualified candidates.

I stand corrected.
 
I hope they make good use of this. Glad it's a school that specializes in a field that's useful.
 
You have to get an undergrad degree, do hundreds of hours of volunteering and shadowing, and take the MCAT(an 8 hour test) to even get an interview for med school, which you may not even get.

Even if you get into med school there's no guarantee of finishing. Finish med school (4 years of schooling) and you still have to do an intern year and years of residency. During this time you still have to pass board exams. You can "fail" at any step and potentially never be an MD (Attending Physician). There is more to the process that I didn't mention, but I think you get the idea.

Taking away the financial burden of med school won't give you lesser qualified candidates.
The competition for Langone is going to be insane, now.

What I like: pseudo-socializing resources towards useful postgrad degrees
What I fear: people will see success with this and demand it be expanded to bullshit humanities, schools without large endowments, or in need of government funding


NYU is private, so they can run it any way they want, but if we ever start putting government dollars into this, my ironclad stipulation is that program student bodies must be composed of 90%+ native citizens in order to qualify.
 
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