Offshore schools may lose federal loans

[Smartguy3316]

Does this have any effect on Dominican medical schools that currently are approved for federal funding.

[Genossa maximillian]

You can check with the financial aid office of the school you intetnd to go to, they will be able to answer your question straighforward. You can aso check with the DOE itself. My understanding is some old schools got grandfathered, but you should double check.

Originally Posted by Smartguy3316

Does this have any effect on Dominican medical schools that currently are approved for federal funding.

[Foad.ca]

foad nemayandehkar MS at Xavier

[Foad.ca]

Foad Nemayandehkar " Medical Student" at Xavier university school of medicine

[Slaol_121]

In a perfectly logical world, it would make a lot more sense to keep giving Stafford Loans to US citizens who choose to study medicine outside the United States. Most of these graduates will return to the US and, in their lifetime, contribute a substantially large sum of cash back to the government in the form of taxes.

If the Government was really worried about being truly fiscally responsible, it would examine the long-term consequences of funding truly useless lines of study (from a taxation standpoint) like Feminist Studies, Art Appreciation, or the like.

[AUCMD2006]

Originally Posted by Slaol_121

In a perfectly logical world, it would make a lot more sense to keep giving Stafford Loans to US citizens who choose to study medicine outside the United States. Most of these graduates will return to the US and, in their lifetime, contribute a substantially large sum of cash back to the government in the form of taxes.

If the Government was really worried about being truly fiscally responsible, it would examine the long-term consequences of funding truly useless lines of study (from a taxation standpoint) like Feminist Studies, Art Appreciation, or the like.

it was and will continue to be a loosing battle with foreign med schools. in the 80's there was a proliferation of off shore eastern european med schools that were opening left and right getting federal loans and actually granting medical degrees without having students attend classes. there was a period in the 90's when people including a chunk dentists and chiropractors who had bought these medical diplomas were caught and their credentials pulled.

then around the same time carib schools started popping up all over the place. all these things led to banning most foreign schools that train mostly US students from getting federal loans and why private companies are scared to lend.

if they were to lift the ban and allow all 26 carib schools to get federal loans it would be a matter of weeks before another 26 open up granting distance degrees, advance credit for being a nail salon tech and who knows what else. carib schools have a bad enough reputation without adding to it by basically exponentially enlarging the field with no quality measures whatsoever so opening the gates to federal aid is the wosre thing that could happen to the reputation and longevity of my degree or anyone elses from a decent foreign school

[Genossa maximillian]

The way it was supposed to be used was for State sponsored medical schools, public universities ran by the country, not pseudo-American medical schools operating in offshore countries. But this is all academic, it has all been said and done, the feds granfathered the original established and more reputed Caribbean medical schools,3 or 4 i beileve. Anything else....private loans and loan sharking will get you funded.

Originally Posted by Slaol_121

In a perfectly logical world, it would make a lot more sense to keep giving Stafford Loans to US citizens who choose to study medicine outside the United States. Most of these graduates will return to the US and, in their lifetime, contribute a substantially large sum of cash back to the government in the form of taxes.

If the Government was really worried about being truly fiscally responsible, it would examine the long-term consequences of funding truly useless lines of study (from a taxation standpoint) like Feminist Studies, Art Appreciation, or the like.

[drjds]

and didn't feel like going through this entire thread, but back to the original question/statement...is that still currently a possibility? Does anyone have an update on St. Eustatius?

[Scott1981]

Originally Posted by drjds

and didn't feel like going through this entire thread, but back to the original question/statement...is that still currently a possibility? Does anyone have an update on St. Eustatius?

they never had federal loans and never will without an act of congress.

[vivmeddoc]

It is a lot cheaper to help someone improve and upgrade themself than to try them and put them in a jail cell. I am for lower tuition, free colleges available to those who want to attend state funded schools, anything that leads to improvement. Government spending should be for betterment. srosen506