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syntaxing an hour ago

In certain Asian countries, medical education is 100% covered but you must work at a public hospital for X years. I honestly think it’s very fair. If tax payers full funds your education, it should be mandatory to work in public services for X amount of years.

hx8 an hour ago | parent | next [-]

This is common for teachers in many US states too -- spend X years teaching where we need you the most and we cover your degree.

In the US a teaching degree might be $50,000, and medical degree might be $500,000. I'm not sure I want my state government covering half a million in education costs for one person... I know that we need doctors but I'd want to see some ROI numbers to justify such a high expense.

gravypod 33 minutes ago | parent | next [-]

There was an article posted on HN recently about the asymmetry in cost of providing an ambulance service vs the cost of the per-ride service. The cost of a medical degree, and the training on top of the degrees, may seem waaay too high but I am sure that when you need the service you want it to be there. I think if I break a leg, need an emergency surgery, etc I will be okay with $0.00001 of my taxes going into the pile needed for paying off those $500k loans.

nradov 36 minutes ago | parent | prev [-]

The National Health Service Corps (NHSC) Scholarship Program and Indian Health Service Scholarship Program will pay for medical school in exchange for agreeing to work in underserved areas for several years. Some states have similar programs. I'm not sure how you would even begin to calculate ROI for that.

https://www.congress.gov/crs-product/R44970

hx8 10 minutes ago | parent [-]

It's complex and imperfect, but in this situation the most direct ROI would be the cost of recruiting a newly graduated doctor by increasing the salary until someone accepts compared to the cost of providing the scholarship.

carbocation an hour ago | parent | prev | next [-]

That is essentially how it works in the US as well thanks to public service loan forgiveness for physicians.

mrtksn an hour ago | parent | prev [-]

Yep, that's common in many countries for doctors. Not much for anything else(maybe teachers too) and how much X is good enough is debatable.

Certainly common resources are very vulnerable to incorrect pricing and profiteering.

In the past there are many cases where local populations were deprived from their vital needs because some king/queen/sultan/khan etc needed that more.