No. of Recommendations: 3
What if a POTUS were to declare the shortage of healthcare personnel a national emergency and fund medical schools, such that healthcare workers could afford to practice in rural regions with lower pay? The loans a young doctor/nurse shoulders is crippling.
The current USian regime seems to be going in the opposite direction. Certain professions qualify for a much higher limit on student loans. Recently, the regime decreed nurses no longer qualify for that higher limit.
According to the net sifter, the typical newly graduated MD in the US has about a quarter million in student load debt.
From the net sifter: French M.D.s generally have significantly lower or even no education debt at graduation compared to their U.S. counterparts because medical school in France is heavily subsidized by the state, with low tuition fees; most debt incurred is often for living expenses or pre-med studies, not the medical degree itself, which is more akin to a 500-$2,000 annual fee rather than the $200,000+ average in the US
Would doctors and nurses be willing to take a pay cut, in exchange for having their student loans wiped out, or obtaining that education at little to no cost?
Steve
