The old grad—(see our editorial [JAMA 176:607 (May 20) 1961]) returns once again. Does he know enough of the strictly nonprofessional affairs of his medical school to assist in intelligently guiding its course?
In 1958, the 85 medical schools of the United States spent about 260 million dollars. Of this expenditure, about 175 million was basic operating expense. About 90 million was grant-supported research including training grants. Where does all this money come from? Is any more money needed?
We have 2 species of schools—so-called private, and the so-called public schools. While the differences may be overstated, let us consider them separately. In 1958, 45 private schools had a basic operating expense of about 93 million dollars; the 40 public schools, 80 million dollars. State appropriations provided 70 per cent of the operating expense of the public schools. Tuition, gifts, and federal training funds provided about 10 per cent