[Skip to Content]
[Skip to Content Landing]
Sept 28, 1984

US Medical School Finances

Author Affiliations

H. Paul Jolly, PhD, and Leon Taksel are from the Division of Operational Studies of the Association of American Medical Colleges; Robert J. Boerner and Janet Bickel are from the Division of Student Programs of the Association of American Medical Colleges; and Charles W. Macenski, Jr, is from the Group on Medical Education and Scientific Policy of the American Medical Association.

JAMA. 1984;252(12):1533-1541. doi:10.1001/jama.1984.03350120013004

This article is only available in the PDF format. Download the PDF to view the article, as well as its associated figures and tables.


The 24th 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. Some sense of the growth in the enterprise during the 24-year interval from 1958-1959 to 1982-1983 may be gleaned from an examination of a few of its dimensions shown in Table 1. The number of schools has increased, candidates for both professional and academic doctorates have doubled and tripled, respectively, and the population of postdoctoral students has mushroomed. Full-time faculty has increased more than fivefold during this period. Expenditures for virtually all of the education, research, and service programs have expanded ten-to 20-fold or more. All in all, the epoch covered by this time series has been one of extraordinary growth.

Background—Data Sources and Characteristics  All