Concerned over current Loan crisis

[MYMD]

Hi, it seems that the current loan crisis will continue, many on here want to kid themselves that the schools can fix this, they cannot, why? There are few lenders who will consider lending money for students to pay for Medical education where the money is going to the Caribbean.
There is little chance of recovery (Recovery even if possible is costly too) since the money is out of the country and the students can declare bankruptcy. Then if you do a little research without having sources of all the facts coupled with bias of many in the medical profession, US Students going to medical outside the USA looks like a terrible risk and investment. WHo's fault is it?

Ours and those before us.

Those before us have not paid the loans.
Continue to be quiet when successful.
Allowed others to think "How bad it is to go to one of these schools"

Being Caribbean students we know of Outside the match and that as much as 20 to 30% of us will end up Doing this. I continue to be almost a lone voice to keep telling others that the 50% that get residencies per the match is in reality 60 to 70% with outside the match included.

The schools use the current material and have professors with qualifications, they may not be the best professors but some are very good at the schools, this is not posted much just the negative.

So put yourself in the shoes of a analysis at a Bank and this is the picture:

Caribbean Medical students:

• Low GPA's of students = Low success
• Schools are substandard to US schools
• Money goes outside the USA = Recovery problems
• Graduates match 50% of the time = High default rate possible
• Students who attend the schools have many negative things to say about the schools.
• Current belief is that Caribbean schools are the "last choice for medical education"

You see if we do not work on the image of caribbean students and promote ourselves as successful then no one will be willing to lend, we need to voice out side the match numbers as well as other factors, until then I fear this crisis will continue.