Affordable Medical Education
|Institution||2012||2017||% Change 2012 to 2017|
|UT System Average||$15,977||$18,706||17%|
Medical Education at UT System Institutions Is a Great Value.
Medical students at UT System institutions benefit from substantially lower tuition and fees. In AY 2017, the average first-year medical school tuition and fees at the University of Texas System health institutions ($18,706) cost far less than the national average for public medical schools ($32,379). That's more than a $13,000 difference.
Graduate medical education is expensive—for institutions and for students. Medical school tuition and fees today are more than two-and-a-half times the cost of 20 years ago, according to the Association of American Medical Colleges (AAMC).
Despite the rise in costs of medical schools across the country, UT System medical schools have worked to keep medical education as affordable as possible—less than two-thirds of the U.S. average for public institutions. The lower cost has, in turn, kept debt lower for UT System medical school students. According to AAMC, in AY 2015, UT System medical school graduates' average indebtedness ranged from $30,000 less to $53,000 less than the national average of about $170,000.
Lower tuition and fees remove some burden of debt from new doctors and may even encourage more students to consider going to medical school, which could be a key component to addressing the critical shortage of doctors in the state.(1)
About the Data
Data are from the Association of American Medical Colleges (AAMC) annual Tuition and Student Fees Survey. Data presented include tuition and fees for first-year medical students. Health insurance fees are not included. Indebtedness data is for 2015 graduates.
Association of American Medical Colleges (AAMC), Tuition and Student Fees for First-Year Students, Summary Statistics, for academic years 2012, 2016 and 2017. https://www.aamc.org/data/tuitionandstudentfees/
Association of American Medical Colleges (2015), Medical School Graduation Questionnaire: 2015 All Schools Summary Report, Washington, DC: Association of American Medical Colleges