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US Medical School Finances

Jack Y. Krakower, PhD; Paul Jolly, PhD; Robert Beran, PhD
JAMA. 1993;270(9):1085-1091. doi:10.1001/jama.1993.03510090069014.
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THIS review of medical school finances reports revenue and expenditures for all 126 fully accredited US medical schools for fiscal year 1991-1992. For the preceding 10 years, from 1981-1982 to 1991-1992, we examine changes in the following areas: federal research support, state support, medical service, tuition and fees, scholarships and loans, and medical school finances as these relate to the number of faculty, house staff, and medical students.

DATA SOURCES AND CHARACTERISTICS  Data were derived from medical schools' responses to the annual questionnaire of the Liaison Committee on Medical Education. For financial reporting, the Liaison Committee on Medical Education defines a medical school in terms of its faculty activities, which include research, instruction, and patient care. The questionnaire requires schools to report all revenues and expenditures that support full-time faculty and their activities, whether or not these are recorded in medical school accounts. This definition makes the finances of medical


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