Imagine being a physician with an au pair. A hepatologist I know (not old, but GenX) has a full time chef. Meanwhile, nobody in my division (I'm one of youngest) understands why I'm so poor. Because cost of medical education went up 5000x in 10 years #Millenniallife https://twitter.com/_NancyMD/status/1335617180633686017
If you really want to parse the numbers (they are interesting, and sobering):
https://www.aamc.org/data-reports/reporting-tools/report/tuition-and-student-fees-reports
Choose some random years here: median private nonresident tuition and fees:
1995-1996: $24,489/year (public in-state $8697)
2005-2006: $38,927/year (public in-state $20,118)
https://www.aamc.org/data-reports/reporting-tools/report/tuition-and-student-fees-reports
Choose some random years here: median private nonresident tuition and fees:
1995-1996: $24,489/year (public in-state $8697)
2005-2006: $38,927/year (public in-state $20,118)
2009-2010 (year I entered med school): private $46,202 (public $26,694)
2012-2013 (year I graduated): private: $50,768, public: $32,012)
2019-2020: private: $63,088; public: $39,150
2012-2013 (year I graduated): private: $50,768, public: $32,012)
2019-2020: private: $63,088; public: $39,150
In sum: cost of median PUBLIC IN-STATE tuition/fees went from $8697 to $39,150 from 1995 to 2019 - 350% increase
median private tuition (and public out of state similar) went from $24,489 to $63,088 - 158% increase
Where is the ceiling? When will people say -this is insane?
median private tuition (and public out of state similar) went from $24,489 to $63,088 - 158% increase
Where is the ceiling? When will people say -this is insane?