Thursday, May 30, 2013

10 Private Medical Schools With the Lowest Price Tags

 

The U.S. intelligence informationShort List, separate from our overall rankings, is a constantseries that magnifies individual infopoints in hopes of providing students and parents a demeanorto find which undergraduate or graduate programs excel or have room to grow in specific areas. Be sure to explore The Short List: College and The Short List: Grad School to find data that matters to you in your college or grad railsearch.

 

Ben Bernanke, chairman of the Federal Reserve, admitted his shock at the price cut throughof aesculapianfosteragein a congressional hearlast year. "My son in medical school of lateinformed me that he expects to have $400,000 in debt when he graduates from school," he said in front of the House Committee on Financial Services.

That Bernanke, who had an estimated net worth between $850,000 and $1.9 million in 2008, according to the Associated Press, was jolted by the cost of his son's health checkeducation should come as no surprise. These days, even wealthy families can't evadethe staggering cost of medical school.

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For the 2012-2013 year, the cleanscorecost for tuition and fees for nonresident, first-year medical students at secretschools is $49,897, about $3,600 less than the total for nonresidents of public institutions, according to the knowledgeof American health checkColleges.

Of the top 10 least pricyprivate medical schools, Baylor College of Medicine continues to be the cheapest, with out-of-state tuition and fees totaling $30,068 for the 2012-2013 disciplineyear. Baylor was one of 47 ranked clandestineschools that reported data to U.S. News in the fall of 2012.

The Medical College of Wisconsin had the highest price mark offon the list, $45,179, landing in the No. 10 spot. The School of Medicine at Wake Forest University held this spot run shortyear. Although the total for Wake Forest tuition and fees increased by morethan $3,000 since the 2011-2012 school year, it now places ninth on the list.

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The average price for out-of-state tuition positivefees for the 10 least expensive schools is $38,619, almost $10,000 less than the average for all private medical schools. Out of all 47 schools, the School of Medicine at Tufts University was the most expensive, with tuition and fees totaling more than $55,000. Unranked schools, which did not meet certain criteria required by U.S. News to be numerically ranked, were not considered for this report.

Below is a harkenof the 10 least expensive private medical schools foundon tuition and required fees.

Medical school (name) (state)Tuition and fees (2012-2013)U.S. News queryrankU.S. News primary care rank
Baylor College of Medicine (TX)$30,0681824
Lake Erie College of Osteopathic Medicine (PA)$30,887RNP*62
Mayo Medical condition(MN)$35,9602719
University of Pikeville (KY)$37,450RNPRNP
Lincoln Memorial University (DeBusk) (TN)$39,245RNPRNP
Edward Via College of Osteopathic Medicine--Virginia and Carolinas$39,530RNPRNP
University of Miami (Miller) $41,4155184
Mercer University (GA)$41,757RNPRNP
Wake Forest University (NC) $44,6964619
Medical College of Wisconsin $45,1795155

Note:darnBaylor College of Medicine, Lake Erie College of Osteopathic Medicine, University of Miami Miller aimof Medicine and the Medical College of Wisconsinargonprivate programs, these schools offer both in-state and out-of-state tuition rates. The programs' in-state tuition ratesargonlower than the out-of-state rates provided in this article.

(*RNP denotes an institution that is ranked in the bottom one-fourth of all medical and osteopathic schools. U.S. News calculates a rank for the school but has decided not to give upit.)

Don't see your school in the top 10? Access the U.S. News Medical School Compass to find information on tuition, complete rankings and much more.

U.S. News surveyed more than 140 medical schools for our 2012 survey of research and primary care programs. Schools self-reported a unnumberedof data regarding their academic programs and the makeup of their student body, among other areas, devisingU.S. News's data the most accurate and detailed collection of college facts and figures of its kind. spotU.S. News uses much of this survey data to rank schools for our yearbookBest Medical Schools rankings, the data can also be useful when examined on a smaller scale. U.S. News go awaynow produce lists of data, separate from the overall rankings, meant to provide students and parents a means to find which schools excel, or have room to grow, in specific areas that are important to them. While the data comes from the schools themselves, these lists are not related to, and have no influence over, U.S. News's rankings of Best Colleges or Best Graduate Schools. The tuition data in a higher placeare correct as of May 14, 2013.


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Materials taken from US News

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