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After more than 30 years of unprecedented expansion, the nation's medical schools are caught in a fiscal squeeze that many of their leaders believe will change the way they function, not to mention the way young people view medicine as a career.
Declining applications and enrollments, spiraling tuition, and loss of the government inducements that at one time encouraged schools to overcome chronic physician shortages appear to be here to stay.
At a recent New York symposium on the financing of medical education sponsored by the Committee on Medical Education of the New York Academy of Medicine and the Associated Medical Schools of New York, an audience of 240 educators, administrators, and health planners from across the country heard what some of the implications of this squeeze are if answers are not found... soon:
Higher tuitions, the growing cost of borrowing, and cutbacks in existing student aid programs might again
Korcok M. Medical education: prosperitas interrupta. JAMA. 1983;249(1):12–16. doi:10.1001/jama.1983.03330250008005
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