Medical school loan burden may deter minority, rural students from pursuing medicine
Residency Program Insider, April 28, 2017
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
In 2014, the average medical school student graduated with more than $170,000 in loan burden, which is 3.5 time greater than a student who graduated in 1978, when adjusted for inflation. This high loan burden may discourage students from lower-income families, underrepresented minority groups, and rural communities from considering a career in medicine.
For example, about 18% of black and 24% of Hispanic high school sophomores said they wanted to apply to medical school, according to an Association of American Medical Colleges report, yet only about 7% and 24% actually applied. The high loan burden may also discourage students in lower-income rural communities from entering medicine, which in turn furthers the health professional shortages affecting 77% of rural U.S. counties.
Source: AMA Wire
Want to receive articles like this one in your inbox? Subscribe to Residency Program Insider!
Related Products
Most Popular
- Articles
-
- Don't forget the three checks in medication administration
- Note similarities and differences between HCPCS, CPT® codes
- The consequences of an incomplete medical record
- Practice the six rights of medication administration
- Complications from immobility by body system
- Nursing responsibilities for managing pain
- Q&A: Primary, principal, and secondary diagnoses
- OB services: Coding inside and outside of the package
- Prevent dehydration with nursing interventions
- Skills of effective case managers
- E-mailed
-
- Correctly bill ancillary bedside procedures in addition to the room rate
- Coding, billing, and documentation tips for teaching physicians, interns, residents, and students
- Coding tip: Watch for different codes for SI joint injections
- Q/A: Coding infusions to correct low potassium levels
- Q&A: Utilization Review Committee Membership
- Q&A: Bill blood administration the same way for inpatient and outpatient accounts
- OB services: Coding inside and outside of the package
- Know the medical gas cylinder storage requirements
- Intravenous therapy guidelines
- ICD-10-CM coma, stroke codes require more specific documentation
- Searched