There are creative solutions out there. One example recently
featured on the NewsHour was last year's decision by NYU Med School to make it a tuition free school. To be covered by a self sustaining endowment that the Langone family built over a decade or so (with their own money and fundraising from donors). Others think a modified version of that would better address the problems with medicine. Med school is an absolute fortune - people emerge from it with the equivalent of a nice sized mortgage, without the house. So of course the incentive is to go into one of the higher earning specialties, like surgery (the greater problem with medicine and the free market - incentives are actually aligned with bad outcomes). Driving rapidly growing shortages in all the primary care specialties, especially in poor and rural areas.
So the idea is instead of free tuition, provide "forgivable loans". If you go into primary care (pediatrics, internal medicine, family practice), especially in under served communities, your loan is forgiven. If you go into plastic surgery, fine, but pay us back.
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In response to this post by WahooMatt05)
Posted: 04/12/2019 at 12:35PM