January, 2015
I was very lucky when I started medical school. At that time, Baylor offered it’s Texas-resident medical students the same tuition as the Texas state schools. Baylor was a private Medical school and charged much more for out of state and much, much more for out of country tuition (I think I remember it was $10,000 per semester for foreign students). I paid $500 per semester for the first 2 years. Then the state legislature upped the ante to $2000 per semester. A 4 fold increase hit hard but was nothing compared to today’s rates.
But tuition doesn’t pay the bills. There are billions of dollars from private and government sources that make up the difference in what it costs to put a student through 4 years of medical school. The figures below reflect the dollars at that time.
1979-1983 Medical School $3 million
1983-1987 Residency $6 million
2015 Diagnosing an aphous ulcer (fever blister) in the ED at 12:15 am, Priceless!
Musings from your Grumpy Uncle/Brother Dave.
Weary