Doctor dream at a nightmare $230,000

[happyhappyland]

Take a look at Bond University up in Queensland. Every student that goes there pays full-fee (unless they have a scholarship, none of which is applicable for MBBS as far as I'm aware). The students, or perhaps with their parents direct involvement, chose to go there, perhaps out of desperation if they didn't get into other universities for undergrad medicine.

What Bond charges can be whatever they want; it's not unethical seeing as there are many other alternate pathways to medicine. If they charge too high then students won't go there. If they charge too low, they can't fund themselves. At least that's what I think. I could very well be wrong. :p

My friend got into Bond with around 97 atar and 70% umat, just had to pay $60k for 3 semesters which is infact cheaper than melb uni full fee

[Russ]

So, does that mean deakin/monash/melbourne/et al will all have exactly the same interview?

No, they each hold their own interview and your result gets standardised against the cohort you interview with. Then a Z-score is passed to later preference universities if you don't get in.

It's an improvement on the old system but it's been undermined somewhat by USyd withdrawing

[stonecold]

Yeah.  You now get 6 preferences as well.

International places cost $60k/year vs. Aus FFP at ~$50k/year.

Speaking to the MDHS, a max of 35 international spots are available, but seeing as they charge more for internationals, it wouldn't surprise me if they got some kind of preference with the places that are not subsidized. 

[Russ]

Resurrecting this, someone asked me about med places and I finally got around to finding the details:

In 2011:
664 applicants for domestic places, 111 international applicants (775 total)
Of those successful (330) 50% were from UoM (165)
Of the 165, 48% were from BBiomed (79.2) and 29% were from BSc (47.85)

[luken93]

50% get a spot. Don't know whether that's good or bad?

Considering these are probably fairly decent students still wanting to do it after 3 years...

I'd be interested to know where the other 50% came from.

[Russ]

That's not 50% of UoM applicants getting a spot, it's 50% of the total being from UoM

[Gloamglozer]

50% get a spot. Don't know whether that's good or bad?

Considering these are probably fairly decent students still wanting to do it after 3 years...

I'd be interested to know where the other 50% came from.

I would imagine quite a lot of the other 50% would be from interstate.  And then some from other unis in Victoria.

[luken93]

That's not 50% of UoM applicants getting a spot, it's 50% of the total being from UoM

Sorry, I meant the latter

Do you think there is any sort of preference there though, or rather that they have the somewhat specialised degrees for the Graduate MD program - with the majority of kids doing Biomed/Science wanting to enter the program?

[Eriny]

That is a lot of money. But because a lot of it is still a deferred payment that you don't have to pay until after you meet the income threshold, it's not quite as burdonsome as one might imagine. If she went into a non-lucrative profession then she wouldn't have to pay it back at all, so I'm not convinced that it warps incentives in the way the article suggest it might. What's more of a worry is that her parents had to re-mortgage their house! What are the students without homeowning/cashed-up parents supposed to do?

[Russ]

Do you think there is any sort of preference there though, or rather that they have the somewhat specialised degrees for the Graduate MD program - with the majority of kids doing Biomed/Science wanting to enter the program?

There is no formal preference. Whether the university is favouring their own students is a matter for (conspiracy theory) debate.