Life vs Loans: Does Debt Affect Career Satisfaction in Osteopathic Graduates?
Journal
The Journal of the American Osteopathic Association
ISSN: 1945-1997
Titre abrégé: J Am Osteopath Assoc
Pays: United States
ID NLM: 7503065
Informations de publication
Date de publication:
01 Aug 2020
01 Aug 2020
Historique:
entrez:
28
7
2020
pubmed:
28
7
2020
medline:
18
9
2021
Statut:
ppublish
Résumé
The cost of undergraduate osteopathic medical education continues to grow. It is important to understand how the rising cost of matriculation negatively affects training and career satisfaction of entering students. To better understand any association between level of educational debt and satisfaction with osteopathic medical education, career choice, and financial services. Responses were analyzed from the American Association of Colleges of Osteopathic Medicine survey of pending medical school graduates from 2007 through 2016 regarding indebtedness and specialty selection. From 2007 to 2016, the mean educational debt level at graduation rose consistently among osteopathic graduates (from $155,698 to $240,331, respectively). In all years, there was no significant effect of debt quartile on satisfaction with choice of osteopathic medicine as a career. Quartile variable with debt did not show a significant effect on satisfaction with education experience in 2010, 2013, and 2016. Top quartile debt was associated with higher satisfaction with financial service departments in all years. Although debt has consistently increased for osteopathic medical graduates, it does not affect their satisfaction with either their educational experience or their choice of osteopathic medicine as a career.
Sections du résumé
BACKGROUND
BACKGROUND
The cost of undergraduate osteopathic medical education continues to grow. It is important to understand how the rising cost of matriculation negatively affects training and career satisfaction of entering students.
OBJECTIVE
OBJECTIVE
To better understand any association between level of educational debt and satisfaction with osteopathic medical education, career choice, and financial services.
METHODS
METHODS
Responses were analyzed from the American Association of Colleges of Osteopathic Medicine survey of pending medical school graduates from 2007 through 2016 regarding indebtedness and specialty selection.
RESULTS
RESULTS
From 2007 to 2016, the mean educational debt level at graduation rose consistently among osteopathic graduates (from $155,698 to $240,331, respectively). In all years, there was no significant effect of debt quartile on satisfaction with choice of osteopathic medicine as a career. Quartile variable with debt did not show a significant effect on satisfaction with education experience in 2010, 2013, and 2016. Top quartile debt was associated with higher satisfaction with financial service departments in all years.
CONCLUSION
CONCLUSIONS
Although debt has consistently increased for osteopathic medical graduates, it does not affect their satisfaction with either their educational experience or their choice of osteopathic medicine as a career.
Identifiants
pubmed: 32717084
pii: 2765193
doi: 10.7556/jaoa.2020.083
doi:
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM