New York University offers free tuition for all medical students

New York University hopes to alleviate the rising costs of medical education and attract a more diverse class by paying for

That includes current students, the remainder of whose tuition will be covered under the program, and every single incoming and future medical student at the NYU School of Medicine, in perpetuity, whose tuition costs will be covered in full, according to the university. Medical schools have tackled medical school debt in other ways. What's more, 21 percent of doctors graduating from a private school do so with over $300,000 of educational debt.

Three years ago, at my class's white coat ceremony during the first week of medical school, the photographer told us to smile and yell "Tuition-free!" rather than "Cheese!"

Overwhelming student debt is fundamentally reshaping the medical profession in ways that are adversely affecting healthcare. In the US, about 72 percent of 2018 medical school graduates had an average debt of $195,000 in loans, according to student surveys by the Association of American Medical Colleges cited by WSJ. However, she said some students feel pressure to to only pursue high-paying medical jobs due to their debt.

Current and future students in our MD degree program celebrate after the announcement at White Coat that they'll be receiving full-tuition scholarships.

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The NYU School of Medicine full-tuition scholarship was made possible thanks to "trustees, alumni, and friends", said Kenneth G. Langone, Chair of the Board of Trustees of NYU Langone Health.

School officials cited a shortage of researchers and primary care physicians, due to rising tuition and huge loans, totaling hundreds of thousands of dollars, as part of the reason for the initiative.

This isn't the first time that a medical school has tried to help the physician shortage - but according to NYU it is the first time that a "Top 10" USA medical school has offered free tuition. We were horrified: The notion of tuition-free medical school-admittedly something that had been circulating in the pre-orientation rumor mill-seemed imaginative at best, delusional at worst, and thoroughly inconsiderate on day four of probably the most debt-accumulating pursuit in our adult lives.

Accruing all that debt has deterred medical school graduates from pursuing careers in less lucrative fields such as primary care, pediatrics and obstetrics and gynecology. Sticker price for tuition at the school is $55,018 per-year. It's also an important step toward creating inclusivity while addressing growing concerns around the looming physician shortage. "That kind of career path looks a lot more feasible now". The university's school of medicine says it will make tuition free for all students.

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