How does a medical school produce a profit for investors? Doesn’t anyone think this is strange?
Please give us more in-depth information about this investor group and other for-profit medical schools. In particular, I wonder if the investors expect to profit from student loan debt backed up by the federal government. Real medical schools are not fully supported by tuition but also collect money from research and alumni contributions, and public schools receive support from the state. Presumably the new school would train students in existing hospitals so it would not get income from patient care. Do the planners expect community physicians to donate their time? (Taking time for teaching diminishes the number of patients who can be seen.) Can experts in real estate ensure quality in medical education?
Carolyn Rees, M.D., Caldwell