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Inflation [microform] : Its Impact on Medical Training Programs. Report No. A9 / Paul J. Feldstein and George E. Wright, Jr
Bib ID 5291380
Format BookBook, MicroformMicroform, OnlineOnline
Author
Feldstein, Paul J
 
Online Versions
Description [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1975 
46 p. 
Summary

The unusually high rate of inflation has produced a clear demand for more vigorous government action to lower the rate of price increase, including increases for health professional schools. The concern coincides with Congressional debate surrounding the renewal of the entire structure of federal support for the education of physicians, dentists, optometrists, and others. Two issues are addressed: (1) what has been the impact of inflation on the costs of health professional education, and (2) how will schools meet the growing burden? A brief overview is presented of both the structure of school costs and estimates of how they have been changing. Attention is paid not only to what has been happening but also to what is likely to occur. These estimates are balanced by a discussion of what has been and is likely to be the school response to cost pressures. Methods of cutting costs as well as increasing revenues are examined. The discussion offers a background for analyzing the impact on school financing of anti-inflationary policies; i.e., a tight monetary policy and expenditure reducing fiscal policy which includes cuts in federal support. Emphasis throughout the paper is on medical and dental schools. (LBH)

Notes

Sponsoring Agency: Robert Wood Johnson Foundation, New Brunswick, NJ.

ERIC Note: To be published in Michael Zubkoff (ed.), Health: A Victim and Cause of Inflation.

Educational level discussed: Higher Education.

May also be available online. Address as at 14/8/18: https://eric.ed.gov/

Reproduction Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive. 
Subjects Allied Health Occupations Education.  |  Business Cycles.  |  Dental Schools.  |  Economic Factors.  |  Educational Finance.  |  Federal Aid.  |  Financial Policy.  |  Fiscal Capacity.  |  Higher Education.  |  Medical Schools.  |  Operating Expenses.  |  Program Costs.  |  Socioeconomic Influences.  |  Student Costs.
Form/genre Reports, Research.
Other authors/contributors Wright, George E., Jr. author  |  Michigan Univ., Ann Arbor. School of Public Health
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