Residency

The economics of the Match

Residency Program Insider, April 25, 2014

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Amy Ho estimates that Match process costs $302 million a year for medical students.

Ho, a medical student who described the Match as archaic and wasteful in a recent Forbes editorial, calculated the cost of the process for medical students. Factoring in transportation, lodging, taxes, and interest on loans, she pegged the cost of interviewing at 12 programs as $8,789 for an applicant.
 
“With 34,270 active applicants in the Match in 2014, $302 million is wasted annually, in the setting of tight graduate medical education funding, increasing student debt and decreasing physician reimbursement,” she writes.

Ho, who is a member of class of 2014 at the University of Texas Southwestern Medical School, wrote that it was “time to trash the Match,” but didn’t mention an alternative system for residency seekers. No word on whether she matched this year.

 



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