AAMC researchers recently examined trends in medical school tuition and fee growth over the past 20 years. Among the key findings:
- As of FY22, tuition and fee revenues represent about 3 percent of a medical school's total revenue
- Over the past 20+ years, tuition and fee revenues growth outpaced general inflation
- While public medical school tuition and fees are substantially lower than for private medical schools, public tuition and fees increased at a rate higher than that of private institutions.
- Over the last 20 years, state and parent institution support revenues for public medical schools declined 6 percent, while private medical school state and parent institution support revenues grew 48 percent.
- Public medical schools retained a smaller percentage of total tuition and fees revenues compared with private medical schools, indicating that public medical schools had less direct control over these dollars and their subsequent use.
- For tuition and fees revenues controlled at the medical school level, public medical schools expended a greater percentage of medical school-controlled tuition and fee revenues compared with private medical schools.
Read more from this recently-published data snapshot:
https://www.aamc.org/media/75126/download
For more information, contact @Alexander Geboy, AAMC Research Director.
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Stephanie Weiner
Director, Digital Strategy & Engagement
Association of American Medical Colleges
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