Cost of undergraduate medical instruction in an endowed school.

Abstract

Stimulated by the analysis of the cost of undergraduate medical education in state-supported schools by President Wells of Indiana, 1 and his challenge that endowed medical schools also should publish their costs and not hide their budgets from the public, we have attempted this task for Duke University School of Medicine and Duke Hospital. A study of the costs of undergraduate medical education is especially important at the present time, since not only is a cooperative survey of medical schools being conducted by the Council on Medical Education and Hospitals of the American Medical Association and the Association of American Medical Colleges but also the possibility of federal financial assistance to medical education would require an accounting of present expenditures. Furthermore, all the schools, both state and privately endowed, are in financial straits. 2 A third reason for compiling these figures is that the medical schools have a responsibility to