Offshore schools may lose federal loans

[StChrisCS]

This aggregation of information is helpful to provide to individuals, organizations, and groups that wish to contact the members of congress who are making this decision and support them as they are attacked by certain questionable foreign medical schools and the students of those schools.

[Dr JAROD]

I've read the document posted by DRU and it sems that a study has addressed the lack of accountability of financial aid departments of several foreign schools (lack of auditing, etc.).
I think the problem is therefore with the schools and not absolutely the students like StChris says in harsh words.
If you can receive money to attend beauty school, medical asst school etc why not receive it for medical schools should it be a carribean school?
At the end of the day we are still helping communities that need more doctors and we face the same difficulty (or ease) repaying these loans (with interest) just as U.S. bred docs. So Instead of bashing foreign schools for aiding the shortage of docs, we should just make our senators focus on helping and training the most worthy ones (i.e. those which already comply with the DOE: "the big three") comply with rules of accountability.

[StChrisCS]

Originally Posted by Dr JAROD

I've read the document posted by DRU and it sems that a study has addressed the lack of accountability of financial aid departments of several foreign schools (lack of aufiting, etc.).
I think the problem is therefore with the schools and not absolutely the students like StChris says in harsh words.
If you can receive money to attend beauty school, medical asst school etc why not receive it for medical schools should it be a carribean school?
At the end of the day we are still helping communities that need more doctors and we face the same difficulty (or ease) repaying these loans (with interest) just as U.S. bred docs. So Instead of bashing foreign schools for aiding the shortage of docs, we should just make our senators focus on helping and training the most worthy ones (i.e. those which already comply with the DOE: "the big three") comply with rules of accountability.

Wouldn't be the first time I am wrong, nor the last. Unlike some people on this forum, I am capable of admitting my interpretation of the information was incorrect. Thank you for the well reasoned post.

[SARGOD]

Originally Posted by rrod

"You wouldn't continue to pull funds from an already overwrought public system that can barely keep itself funded"

economics negative 101...actually basic 4th grade math. if you loan people money you don't "pull" funds from any source you get it back with interest....

you aren't pulling any funds from any other program

in the end the govt is winning out in all aspects with the default rate in medical loans s low you probably pay all of them off by interest alone. you also realize that student loans are not discharged in bankruptcy and that they take a chunk out every paycheck you earn until they are paid right?

how about you fast forward 50 years and think of how much tax revenue they havce gotten from a 200k a year doctor rather than biology teachers, chemisits, engineers we would have been at 70k.....

Yeah rrod! Sorry, it's just nice to be able to agree once in awhile, but it won't last I'm sure. I found that quote by the DOE to be very inspiring and it should be an opening to any e-mail sent.....those who are more hungry for their M.D. degree seem more willing to pay back their loans....

[RedDeath]

Originally Posted by SARGOD

Yeah rrod! Sorry, it's just nice to be able to agree once in awhile, but it won't last I'm sure. I found that quote by the DOE to be very inspiring and it should be an opening to any e-mail sent.....those who are more hungry for their M.D. degree seem more willing to pay back there loans....

The DOE letter is supportive, but that won't help with the auditing deficienies that Dr. Jarod mentioned. If there are auditing deficiencies, it might be possible that terrorists are getting loans through these schools to fund attacks on US citizens.

It was mentioned by someone else around here that the state department was worried about foreign schools and there verification procedures for visas and what not

[AntiThrombotic]

Originally Posted by RedDeath

The DOE letter is supportive, but that won't help with the auditing deficienies that Dr. Jarod mentioned. If there are auditing deficiencies, it might be possible that terrorists are getting loans through these schools to fund attacks on US citizens.

It was mentioned by someone else around here that the state department was worried about foreign schools and there verification procedures for visas and what not

this is true? some of the guys who were involved in 9/11 were medical student I think? did they go to a foreign school?

[swimguy23]

Originally Posted by options

Its interesting since they have even more students at risk than AUC. Anyone else find this odd? AUC said today that the schools were working together to resolve the situation positively. But it seems that the other schools haven't even informed their students of the situation.

I dont think the information is being witheld from the students, it just hasnt reached the clinical students yet. But also, if it werent for VMD i would have no idea since my school email account doesnt even work, so i would have had no idea as well.....also, not to go off topic but i cant help thinking some higher ups are behind this trying to decrease enrollment in caribbean schools.....i mean it would make sense since US schools are taking a lot of heat for not having enough admissions but they dont want to increase them. Also, there was just that article that stated caribbean schools were filling in many unfilled spots and if US schools dont increase enrollment caribbean schools will be a major provider of us docs.....i mean its obviously a conspiracy theory of mine and considering conspiracy theories cant ever be proved bc theres no evidence, its still interesting

[McGillGrad]

I cannot find anything in the news or on Google about this.

Where did you get the info?

[swimguy23]

Originally Posted by McGillGrad

I cannot find anything in the news or on Google about this.

Where did you get the info?

supposedly all this info was distributed at a deans meeting today

[Bill_Cornbread]

The speaker of the house for my state in part of my wife's family. Even though the problem seems to be a Senate one, we are going to see what help we can get or what he can find out. I don't understand politics very well. I must of skipped too many days of Civics in 8th grade. Heck; I got to pass path1 or I will not need a loan anyway. Now is the answer A.2,4,3,5. B.1,2,3,4 C.3,4,5,3 D.2 E. 2,3 Jesus!!!

JD