A medical education as an investment: Financial food for thought

Robert M. Doroghazi, Joseph S. Alpert

Research output: Contribution to journalReview article

20 Scopus citations

Abstract

Every year that the training period can be shortened increases the value of a medical education. Tuition covers only a fraction of the cost of medical education, making the societal investment in older students less financially robust. Shortening training periods would immediately solve the shortage of residency training positions. With a few exceptions, a medical education is a good investment for women. We are skeptical of the proposals to address the skyrocketing student debt because they do not confront the primary problem. The best way to minimize debt is thrift, and the best way to make a career in medicine more desirable is to shorten the training time.

Original languageEnglish (US)
Pages (from-to)7-11
Number of pages5
JournalAmerican Journal of Medicine
Volume127
Issue number1
DOIs
StatePublished - Jan 1 2014

Keywords

  • Investment
  • Physician's salary
  • Residency match
  • Student debt
  • Women

ASJC Scopus subject areas

  • Medicine(all)

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