Many of the best, brightest, and most ambitious students consider becoming doctors. Not too long ago, it would be unwise to question the choice. Yet, the increasing issues of education cost, massive student debt, opportunity costs, and a changing medical landscape have made some question the worth of attending medical school.
Recently, the Health Ministry instruction to AIIMS to raise student fees made medical education 10 times more costly now. While most doctors exceed opportunity costs within a few years in which they leave training, the opportunity costs of attending medical school are still enormous. Following the next academic year, Health Ministry ruled instructions to the nation’s top government medical institution AIIMS that medical education could become 10 times costlier than the structure till now along with a potential hike in patient fees to recover the current expenses of…
