Medical school tuition

  When I went to medical school (1971-1975), in-state medical school tuition was approximately $1,000 a year.  How much should medical school cost today, given inflation.  This web site provides a calculator - inflation calculator What cost $1000 in 1971 would cost $5285.03 in 2007. So how much does in-state tuition cost in 2008?  Most students are paying in the range of $20,000 each year.  Medical school tuition has far outpaced inflation over this period. Perhaps the cost of education really has increased that much.  Of course, faculty size has increased dramatically during this time.  Perhaps we are delivering a far superior educational product in 2008.  Perhaps we charge so much because we can. Few in medical academe discuss the negative externalities of medical school tuition.  Few in academe discuss the negative externalities of college tuition (which is almost as outrageous.) We are quickly pricing medical education at such a high range that we ...