Race to the Bottom (In a Good Way)

Thanks to NYU's announcement that it will be eliminating tuition at its medical school, other institutions are reassessing their costs and graduates' educational debt, as some experts predicted. Recently, Kaiser followed suit with a free tuition plan for their new medical school in Pasadena. Now, Yale is making overtures as well, lowering the financial burden for needy students by covering more costs with scholarships, instead of loans. Keep your eye out for what will likely be a revolution as more and more medical schools note that to compete for strong applicants, they must offer robust financial support.