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The 26th annual review of medical school finances, prepared by the Division of Operational Studies of the Association of American Medical Colleges (AAMC), is intended to reflect, through financial analysis of revenues and expenditures, the secular trends in medical education in the United States. The 26-year interval comprises two distinct periods. The first period from 1958-1959 to 1978-1979 can be characterized by huge absolute and relative increases in all aspects of medical education. Some sense of the growth in the enterprise over the 21-year interval from 1958-1959 to 1978-1979 may be gleaned from an examination of a few of its dimensions shown in Table 1. The number of schools increased, the number of candidates for professional and academic doctorates doubled and tripled, respectively, and the population of postdoctoral students mushroomed.
The five-year period from 1979-1980 to 1984-1985, on the other hand, exhibits modest growth in the number of schools and
Jolly P, Taksel L, Baime D. US Medical School Finances. JAMA. 1986;256(12):1570–1580. doi:10.1001/jama.1986.03380120040006