DISCUSS: News on Future veterinary schools

[Mr.Smile12]

Hello everyone,

I am compiling information on new vet schools that could be listed in VMCAS for the 2025 entering cycle (or beyond). If you have more information/links/insights, use this thread to add this information. My inspiration comes from news stories aggregated by VIN.

Programs in the pipeline

The following 12 institutions are in the process of establishing veterinary programs in the United States:

Arkansas State University in Jonesboro, Arkansas

Chamberlain University in Stockbridge, Georgia
Run by Adtalem, which also runs Ross University SVM.

Clemson University in Clemson, South Carolina

Hanover College in Hanover, Indiana (3 year)

Hanover College joins list of budding veterinary programs

Dr. Christina Tran named dean; program aims to open in 2026

news.vin.com

Lincoln Memorial University in Orange Park, Florida

Lyon College in Little Rock, Arkansas

Murray State University in Murray, Kentucky (3 year)

Plans for new veterinary school in Kentucky stall

State veterinary association raises concerns about proposed program at Murray State

news.vin.com

Rocky Vista University in Billings, Montana

Rowan University in Harrison Township, New Jersey

Utah State University in Logan, Utah

Universidad Ana G. Méndez in Gurabo, Puerto Rico

Puerto Rico's debut veterinary school elicits tepid reception

Program planned to launch this summer may be among most expensive in the U.S.

news.vin.com

University of Maryland Eastern Shore in Princess Anne, Maryland

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[VeggieTrex]

I'm concerned at the 3 year model gaining traction. To me, there is an obvious profit motive since you're cycling more students in and out.

Even if there is a veterinarian shortage, 12 new schools is just going to swing the other way and devastate people.

Still don't trust this as far as I can throw it.

 

[honeypot999]

Where are you going to find enough boarded veterinarians to teach at 12 new veterinary schools who do not have a teaching hospital? Make it make sense. Veterinarians are not flocking towards academia when they can make more money in private practice or consulting at a larger company if they want out of a client facing position. The current schools are struggling to retain their own faculty and staff, how do they think this is a good idea? There isn't a small animal veterinary shortage, its a large animal/rural area veterinarian shortage and the majority of students who potentially will go to those schools will end up in small animal and won't solve the issue.

 

[Mr.Smile12]

I'm concerned at the 3 year model gaining traction. To me, there is an obvious profit motive since you're cycling more students in and out.

Even if there is a veterinarian shortage, 12 new schools is just going to swing the other way and devastate people.

Still don't trust this as far as I can throw it.

I agree that if Arizona can make it out of accreditation with their 3-year curriculum, it's going to trigger the other dominoes. I don't deep-dive into the vet education world, but I was surprised so many more programs are queueing up. They added all the non-US vet schools less than 10 years ago to my shock.

I agree the workforce issue is large animal and rural area shortages, not the small animal/suburban market.

 

[supershorty]

I was surprised so many more programs are queueing up.

Why? They see an opportunity to make hundreds of thousands of dollars off of desperate pre-vet students who will take any acceptance they can.

I have strong feelings about these programs and about rubber stamping approvals for new schools, which I've said in other threads so I won't rehash it, but this flood of new programs, and potential predatory programs, is NOT going to solve the issues the industry is facing.

 

[VeggieTrex]

Looking at new three year programs opening up and this is all it feels like.

I do think there are regions which could use a vet school, but flooding the market will completely turn the industry upside down. I would really encourage students to step back and think before going to a new DVM program. There are only so many professors to go around. Plus a large portion of these schools will not have a teaching hospital, but will most certainly charge like it.

I have a bit of a passion for education and how difficult it is to do well.

 

[battie]

Where are you going to find enough boarded veterinarians to teach at 12 new veterinary schools who do not have a teaching hospital? Make it make sense.

Part of the problem is the journey to getting boarded. If I hadn't wanted other things in life, I would have strongly considered. But the set up is not conducive to the family I have, so it wasn't doable.

Likewise, I don't think the system necessarily needs to be changed either. I dont really know what the solution is however.

ts a large animal/rural area veterinarian shortage and the majority of students who potentially will go to those schools will end up in small animal and won't solve the issue.

PREACH MY DUDE!!!

 

[battie]

We won't solve the rural medicine issue until we solve the debt issue. Can't live in BFN when you have a 1300/month loan payment

 

[MixedAnimals77]

We won't solve the rural medicine issue until we solve the debt issue. Can't live in BFN when you have a 1300/month loan payment

*cries in 1500/mo* but seriously we are the most expensive in town but honestly it's not even that bad (compared to cities). I also thankfully have a decent SA load to help support a nice salary compared to the $3.50/head bangs vaccination and $25 bull castrations. I definately have a significant load of I only have $20 to fix this doc plus the exam fee (if that!). So I get to try and guess what 1 drug I get to give the pet and hope it lives/gets better. (Don't get me wrong I love most of the aspects of my job even the hard $ cases but it can be challenging sometimes).

$51 office visits plus whatever. We are also the only clinic with in house labs and x-rays and US at this time.
TBH Idk how the girl down the street pays her loans. She's a 2023 grad. Their office visit is $30. They do a dental to include extractions for 270-they're giving away time and money! (granted they don't have dental x-ray. we charge for basic dental to include rads, extractions are extra). She just graduated but went home to practice with her dad so I'm sure she had money from before (shes a nontrad student)/her family is helping her.

Salaries are one problem. The on call life is definately another huge factor. Followed by living in BFE. There's alot of reasons TBH. I don't have any solutions that anyone seems to want to take seriously yet/my ideas probably require major govt involvement and lets be honest they don't care enough yet to make it happen.

 

[JaynaAli]

Yeah, my best friend works rural mixed and I know she makes under 70k. She has a 4.5 day workweek but she doesn’t do on-call…her boss covers all the call except for major holidays when she’ll do a couple days. She might make more at another clinic but she’s willing to accept what she has to not do on-call and remain at a mixed clinic. Not many owners will just cover call and not make an associate pitch in. Sure, 65k goes farther out in the middle of nowhere when you’re talking about housing costs and whatnot, but where you live doesn’t factor in to loan debt. If her parents hadn’t covered her schooling costs she wouldn’t have been able to take that job. A school can say they’re trying to promote rural medicine, but if they’re also charging 300k+ it just doesn’t compute to me.

I’ve made my thoughts clear in other threads…while I am glad for some prevets to have an instate option, I can’t see these being good for the profession in the long term, especially if they’re all super expensive. Plus, sont forget that all these new programs are being added AND a lot of the historic schools are also still increasing class sizes which will further contribute to an incoming glut of new grads. I just hope we do have positions for everyone. I’d hate for us to get to a point where we have way more grads than jobs, because then these new grads will owe 300-500k with no job to pay it back. I worked in the teaching hospital in the 2008-2011 period when it was harder for graduates to find jobs and I remember how frustrated they were even then.

 

[chelonia9113]

What do you guys think these new schools opening will mean for pursuing residency positions in the future? As a member of the upcoming class of 2028 I’m a little worried hearing about a large influx of students when I’ve already heard there’s lots of competition for residency spots! Do the new schools have plans for residency programs?

 

[JaynaAli]

What do you guys think these new schools opening will mean for pursuing residency positions in the future? As a member of the upcoming class of 2028 I’m a little worried hearing about a large influx of students when I’ve already heard there’s lots of competition for residency spots! Do the new schools have plans for residency programs?

If they don’t have teaching hospitals, they won’t have a caseload (and likely not the needed number of specialists) to be able to train residents. So there’ll likely be more competition for the same number of spots.

 

[hopefullpetvet735]

Yeah, my best friend works rural mixed and I know she makes under 70k. She has a 4.5 day workweek but she doesn’t do on-call…her boss covers all the call except for major holidays when she’ll do a couple days. She might make more at another clinic but she’s willing to accept what she has to not do on-call and remain at a mixed clinic. Not many owners will just cover call and not make an associate pitch in. Sure, 65k goes farther out in the middle of nowhere when you’re talking about housing costs and whatnot, but where you live doesn’t factor in to loan debt. If her parents hadn’t covered her schooling costs she wouldn’t have been able to take that job. A school can say they’re trying to promote rural medicine, but if they’re also charging 300k+ it just doesn’t compute to me.

I’ve made my thoughts clear in other threads…while I am glad for some prevets to have an instate option, I can’t see these being good for the profession in the long term, especially if they’re all super expensive. Plus, sont forget that all these new programs are being added AND a lot of the historic schools are also still increasing class sizes which will further contribute to an incoming glut of new grads. I just hope we do have positions for everyone. I’d hate for us to get to a point where we have way more grads than jobs, because then these new grads will owe 300-500k with no job to pay it back. I worked in the teaching hospital in the 2008-2011 period when it was harder for graduates to find jobs and I remember how frustrated they were even then.

I definitely thinks it depends on the state as well. In Colorado there is a great shortage in veterinarians. I manage a practice and we are currently looking to hire 2 veterinarians starting at $120,000 with a sign on bonus. I also know of 3 other clinics just in our city that are in need of 1-3 vets each. We are hurting out here but also growing rapidly as a state. Curious how other clinics in the US are doing in this regard!

 

[JaynaAli]

I’m not saying there aren’t areas that need more vets in general. But, in my opinion, the solution isn’t to open up TWELVE new programs all within a year or two of each other. A gradual increase in class sizes or new programs to address need is one thing, but if these are all approved we’re gonna have tons more all at once. I googled and AAHA said in 2022 we have 2600 new grads a year. Let’s say these schools theoretically have class sizes around 80, which is lower end (and assuming they only admit one class a year)…that’s 1,000 more grads per year. Over a 33% increase. Every year, for the rest of time. When the market shifts and does get oversaturated, do you think schools will reduce their class sizes back down or do you think they’ll keep finding pre-vets to fill seats and just graduate the same number as always? And yes, there have been times when there were more grads than positions in the past and we made it through, but what concerns me more about it now is that school costs have risen so exponentially it’s a whole different ball game to graduate and then owe that debt.

 

[hopefullpetvet735]

I’m not saying there aren’t areas that need more vets in general. But, in my opinion, the solution isn’t to open up TWELVE new programs all within a year or two of each other. A gradual increase in class sizes or new programs to address need is one thing, but if these are all approved we’re gonna have tons more all at once. I googled and AAHA said in 2022 we have 2600 new grads a year. Let’s say these schools theoretically have class sizes around 80, which is lower end (and assuming they only admit one class a year)…that’s 1,000 more grads per year. Over a 33% increase. Every year, for the rest of time. When the market shifts and does get oversaturated, do you think schools will reduce their class sizes back down or do you think they’ll keep finding pre-vets to fill seats and just graduate the same number as always? And yes, there have been times when there were more grads than positions in the past and we made it through, but what concerns me more about it now is that school costs have risen so exponentially it’s a whole different ball game to graduate and then owe that debt.

We had one vet student that graduated but didn't pass the NAVLE so I can only imagine how many students may graduate unprepared in that regard as well. 😕

 

[battie]

I definitely thinks it depends on the state as well. In Colorado there is a great shortage in veterinarians. I manage a practice and we are currently looking to hire 2 veterinarians starting at $120,000 with a sign on bonus. I also know of 3 other clinics just in our city that are in need of 1-3 vets each. We are hurting out here but also growing rapidly as a state. Curious how other clinics in the US are doing in this regard!

I'm ER in the Denver metro area. We have 18 doctors and 4 new grads coming on this summer. Whereas @MixedAnimals77 is rural eastern Colorado I believe. So it doesn't depend on the state specifically; it depends on the *area* of the state, i.e. rural vs urban vs suburban. r Drastically different demographics and capabilities to support new grads at the debt levels we currently have. As Jayna said, with 1000+ new grads a year (which is likely a low ball estimate), the rural areas will still suffer a shortage as a sizable majority of these new grads to to urban and suburban centers to support themselves.

In 2008, there were two grads for every job. But as Jayna also mentioned, the debt now 15+ years later is drastically worse. If we have a similar situation (or worse), the outcomes will be worse. I honestly am concerned for anyone starting vet school in the next 4-6 years.

 

[MixedAnimals77]

I'm ER in the Denver metro area. We have 18 doctors and 4 new grads coming on this summer. Whereas @MixedAnimals77 is rural eastern Colorado I believe. So it doesn't depend on the state specifically; it depends on the *area* of the state, i.e. rural vs urban vs suburban. r Drastically different demographics and capabilities to support new grads at the debt levels we currently have. As Jayna said, with 1000+ new grads a year (which is likely a low ball estimate), the rural areas will still suffer a shortage as a sizable majority of these new grads to to urban and suburban centers to support themselves.

In 2008, there were two grads for every job. But as Jayna also mentioned, the debt now 15+ years later is drastically worse. If we have a similar situation (or worse), the outcomes will be worse. I honestly am concerned for anyone starting vet school in the next 4-6 years.

You are correct. No tornadoes here yet this year thankfully 😅. Definately area dependent. Sure inner cities "need" more vets and places are booking out but people can actually obtain care reasonably if needed in the cities. Our stretch of area (I25 east to KS and US 40 south to the state line) currently has ~ 10 FT vets (excluding the sale barn only vets-2) and about 2-4 part timers. Of these 14ish vets only 4 of us are not of the age to retire in the next 5-10 years. One of which is part time only. That's ~20k square miles, ~80k people, and over an estimated 360k food animals alone not including companion animals for basically 3 veterinarians. 🙃🫠 oh and I didn't even mention the people I also see from the surrounding states. I already have to routinely turn away actual emergencies particularly in food and large animal and in theory there's other places but they are often saying no too. It's fine it's all fine😅 But new schools at the proposed price tag is not the solution

 

[Rejected Med_Vet_Students]

We had one vet student that graduated but didn't pass the NAVLE so I can only imagine how many students may graduate unprepared in that regard as well. 😕

As mentioned by the OP Adtalem Global Education Inc is the parent company for Ross University vet school. Their recent quarter report showed enrollment is down between the vet & medical school but revenue & operating income is up. So either they are raising their tuition or cutting their spending on the school or a combination of both. Ross students know they aren’t spending it on the buildings or dorms. In fact the dorms are closed starting this semester. Also, their NAVLE pass rate is at 81%. I will been interested to see if their current pass rate stays above the required 80%.

Today their stock went up $2.96 per share so investors see it as profitable too. Adtalem wouldn’t be opening a second vet school if they didn’t see it as profitable. With an attrition rate estimated to be around 20-25%, do you think they care if you make it? Profit over student success?

 

[battie]

Profit over student success?

I mean, yeah. The human med school is even less successful at passing their students and getting them to residencies compared to the vet school. If you go over to the pre med and forums, the admins ardently don't recommend attending those schools because of the massive failure rate. The reputation for the vet school very likely came from this factor originally.

These investors also know that these schools essentially have an endless supply of money (for now). So even with down enrollment, private universities are a safe bet

 

[thenontraveler]

As someone about to go to University of Arizona, I am actually happy it is 3 years instead of 4. I have been working in my field for 10 years and I am not really interested in a huge long break in the summer. I think it is definitely not for everyone, but if it works, I think it is a nice model to have for those of us who thrive on being able to immediately jump into the next topic without multiple months in between. I am very interested to see how class of 2024 does, but I think it will be better than the last one. I do agree however, that so many vet schools opening up in the next couple of years is not good for the profession as a whole. And we do need more focus on the cost of schools. I feel like if they wanted to show good faith in graduating vets that can/will be able to last in the field, they would allow residency establishment after the first year or something to help with the insane cost. I get that schools are expensive to run, but I don't think students should be a cash cow. Maybe we can take the money used for college athletics and put it into professional programs? (I think collegiate level athletics is insanely out of hand)

 

[SkiOtter]

I think collegiate level athletics is insanely out of hand

Hell, even high school athletics is wildly out of hand. When I was in high school, the boosters department bought a ****ing JUMBOTRON for the football field AND THEY COULDN'T EVEN PLAY REPLAYS ON IT (because minors or something like that). Our team was decent so money went to them instead of other sports that got next to no school funding.

 

[thenontraveler]

Hell, even high school athletics is wildly out of hand. When I was in high school, the boosters department bought a ****ing JUMBOTRON for the football field AND THEY COULDN'T EVEN PLAY REPLAYS ON IT (because minors or something like that). Our team was decent so money went to them instead of other sports that got next to no school funding.

My undergrad raised student tuition to find a new stadium when the football team wasn't even winning their games. Meanwhile, they have 100 year old buildings that flood in the winter because the boiler can't handle things.

 

[Rejected Med_Vet_Students]

My undergrad raised student tuition to find a new stadium when the football team wasn't even winning their games. Meanwhile, they have 100 year old buildings that flood in the winter because the boiler can't handle things.

Ross University School of Veterinary Medicine increases tuition but doesn’t use it for up keep on the campus buildings and dorms. They give a portion back to stockholders. I think if the stockholders would lose some money they would stay away from this stock.

 

[VeggieTrex]

Ross University School of Veterinary Medicine increases tuition but doesn’t use it for up keep on the campus buildings and dorms. They give a portion back to stockholders. I think if the stockholders would lose some money they would stay away from this stock.

While you are correct that them losing money would make investors shy away, there's nothing to make them invest in the campus. Besides if they start seeing a dip, they can just admit more students. They, to some extent, prey on people's dreams to make money and they're are always people dreaming of being a vet.

 

[Rejected Med_Vet_Students]

This is interesting.

 

[battie]

Not surprising. This is the story of every for profit higher Ed system ever

 

[MixedAnimals77]

US veterinary groups clash over need for more practitioners

AVMA critical of since-retracted AAVMC report

news.vin.com

Interesting vin article recently published

 

[supershorty]

US veterinary groups clash over need for more practitioners

AVMA critical of since-retracted AAVMC report

news.vin.com

Interesting vin article recently published

omg how did they know that I chose vet med over human med because of my inherent need to have more time to do housework at the end of the day?!? I didn’t tell anyone that this whole career was really just a smart ploy to let me live out my dreams of vacuuming more!!

 

[SnowJ]

omg how did they know that I chose vet med over human med because of my inherent need to have more time to do housework at the end of the day?!? I didn’t tell anyone that this whole career was really just a smart ploy to let me live out my dreams of vacuuming more!!

I had a bad feeling when I saw the report was made by two men working in finance. My favorite part is this is them guessing why more women are joining the profession instead of, you know, asking women.

Calling Vet med both an 'easier path to employment than physicians' and 'moderate, controllable working hours' made me actually want to laugh.

 

[battie]

US veterinary groups clash over need for more practitioners

AVMA critical of since-retracted AAVMC report

news.vin.com

Interesting vin article recently published

Haven't read it yet. Assumed it was about VPAs again tbh

Okay read it cause toddler still actually asleep.

Even if someone agrees with the premise that becoming a vet is a shorter, arguably (in my opinion) "easier" route, where was the common sense in appropriately phrasing such a conclusion. Even just changing the phrasing to a shorter route would have been sufficient. Just face palms all around.

Secondly, what did society as a whole expect when women officially entered the work force decades ago? This isn't just a vet med problem. This is a concern in every industry. If you have half the population expected to work and then take care of the home, something is going to give. Either the home life changes (spouses redividing work at home beyond traditional concepts) or the main homemaker is at work less. This is thought to be another reason why the average child per woman has tanked in this country as well.

 

[VeggieTrex]

Every time I read something like that, I become more thankful I majored in Italian Studies. The analysis is absolutely surface level at best, and totally neglects the complex factors at play.

For one, women tend to be assigned nurturing roles compared to men. That's partly why there is a divide between nursing (women-led) vs human doctors (male-led). The thinky think bits were left to the men, while the women had nearly everything else. Humans tend to see animals as lesser or less complex than us (which is wrong) and lead to more women in vet med.

Additionally, I'm more interested in not taking the MCAT than avoiding residency. I really think there are better ways of evaluating applicants than a standardized test. Dont know what, but it feels like a failure of immagination at this point. I very much would like to be a neurologist, and that has a more challenging path in vet med than human med. Your human neuro resident isn't going to rock up to the hospital at 9pm to do surgery, because that's a separate field of neurosurgery. Your veterinary neuro resident will though because we don't have the difference.

Finally, hours worked isn't the be all end all of productivity. Women are more likely to have chronic illness (because you can't just say hysteria anymore), more likely to take care of children even if they have a male partner, or just want to stop working themselves to death. Just more nonsense work yourself to death for the sake of the market. We are in the 21st century, not the 18th the economy will be fine.

 

[DidiMaymaysMom]

Just skimmed the article...
As someone who studied economics and heavily focused on statistics in college, this feels very on brand. Statistics can be manipulated and interpreted in so many different ways that anything beyond the raw data can be bs. As an example and a joke (I hope), one of my econ profs did a study that concluded that helmets don't matter in fatal motorcycle crashes.
As someone who is abandoning my field to pursue vet med, I'm so glad to not have to work exclusively with/under men like that anymore.

 

[Rejected Med_Vet_Students]

Recent vet prep class at Ross had only 30 students out of 88 students matriculate into first semester DVM program.

 

[battie]

Recent vet prep class at Ross had only 30 students out of 88 students matriculate into first semester DVM program.

That's pretty telling to me and I hate that so much.

I also think they should be required to give those statistics to prospective students. And this is another reason why I think schools should have to publish attrition rates.

 

[chacha1652]

Recent vet prep class at Ross had only 30 students out of 88 students matriculate into first semester DVM program.

I feel like I always assumed vet prep attrition was bad but this is BADDDD. Curious how you found this/ if there’s similar data for vet first years attrition ?

 

[Rejected Med_Vet_Students]

I feel like I always assumed vet prep attrition was bad but this is BADDDD. Curious how you found this/ if there’s similar data for vet first years attrition ?

It was posted on a Ross parent site.

 

[DVMDream]

I mostly worry what happens when all the pandemic pets die off in the next 6-10ish years. I know a lot of people that got a pet during the pandemic that won't get another one. We have a giant increase in workload for now, but I predict that is going to drastically tank in the coming years. It won't just be people who got pets during the pandemic, there are also a lot of people deciding to not get pets due to increased costs in everything: food, grooming, daycare, boarding, veterinary medicine, pet health insurance, etc.

I think we're going to see pet ownership decrease a decent amount in the coming years given high costs of everything.

Yes, there's a need for vets now, but it is going to change. Pets are a luxury that most people can't afford now.

 

[battie]

Didn't even think about that, but super valid point.

Likewise, I also feel like more people are more... Realistic? about expectations for pets. I grew up with 3-5 dogs at a time. We have two now and when the golden goes, she will not be replaced. It's a lot of work to have two dogs and a toddler. It's slightly too much, especially if anyone is sick. So we will likely have a single dog for much of my son's younger years.

 

[thenontraveler]

I think previously a lot less people got their dogs veterinary care the way they do now. Kind of like how having a kid is very expensive because expectations on quality of life and stuff have shifted. I definitely remember babies raising babies when I was younger, but now that is VERY frowned on. Same with pets. Now, people are expecting to spend for knee surgeries, chemo treatments, eye tests, etc. That 25 years ago were not really seen as necessary for the majority of the pet owning population. That made owning 5 dogs way cheaper. You tossed the grocery store kibble in their bowl and euthanized when they got old or just let them die on their own, no extras. The has definitely changed.

 

[battie]

I think previously a lot less people got their dogs veterinary care the way they do now. Kind of like how having a kid is very expensive because expectations on quality of life and stuff have shifted. I definitely remember babies raising babies when I was younger, but now that is VERY frowned on. Same with pets. Now, people are expecting to spend for knee surgeries, chemo treatments, eye tests, etc. That 25 years ago were not really seen as necessary for the majority of the pet owning population. That made owning 5 dogs way cheaper. You tossed the grocery store kibble in their bowl and euthanized when they got old or just let them die on their own, no extras. The has definitely changed.

My dad was that dude who would never spend 1000 on a dog in a single event. Then my childhood min pin got eyeball surgery for 3200 that he and I split 50/50 (I was 20 or 22, but doggo lived with parents). She lived another 7 years, making it totally financially worth it since her meds were 110/month otherwise.

Now he and my mom will have a dog at a time and will be willing to spend major money on their next dog if the dog needs it. They'll call me to discuss if it's worth it, and we'll have a realistic discussion based on their lifestyle.

 

[DidiMaymaysMom]

I think we're going to see pet ownership decrease a decent amount in the coming years given high costs of everything.

There's also a shift of having pets instead of having kids because of the cost and just the world falling apart.
Also, in economic down turns, entertainment (gaming, booze, drugs, etc.) tend to suffer less then other industries because desperate people are looking for momentarily relief. As much as I hate the thought of it, pets is a form of entertainment for a lot of people. Until we have AI take over that too.

 

[Trilt]

My dad was that dude who would never spend 1000 on a dog in a single event. Then my childhood min pin got eyeball surgery for 3200 that he and I split 50/50 (I was 20 or 22, but doggo lived with parents). She lived another 7 years, making it totally financially worth it since her meds were 110/month otherwise.

Now he and my mom will have a dog at a time and will be willing to spend major money on their next dog if the dog needs it. They'll call me to discuss if it's worth it, and we'll have a realistic discussion based on their lifestyle.

Yup, my family absolutely would have been in a place where they'd euth my childhood dog if he needed an expensive surgery or had expensive health problems. Their current dog is on 32u of vetsulin BID now. 😅

 

[Rejected Med_Vet_Students]

While you are correct that them losing money would make investors shy away, there's nothing to make them invest in the campus. Besides if they start seeing a dip, they can just admit more students. They, to some extent, prey on people's dreams to make money and they're are always people dreaming of being a vet.

Safkhet Capital Management LLC did a report on Adtalem Global Education. Ross University School of Veterinary Medicine is mentioned in it. It mentions the gainful employment rule that goes into effect July 1, 2024 and what Adtalem wrote about RUSVM concerning it on page 44. It’s very interesting. Does it sound like they are currently overcharging?

https://img1.wsimg.com/blobby/go/14c124c6-8b4b-4fce-aa5b-4fc04834d828/downloads/SCR%20Walden%20University%20Report.pdf?ver=1709820984239

 

[MixedAnimals77]

Safkhet Capital Management LLC did a report on Adtalem Global Education. Ross University School of Veterinary Medicine is mentioned in it. It mentions the gainful employment rule that goes into effect July 1, 2024 and what Adtalem wrote about RUSVM concerning it on page 44. It’s very interesting. Does it sound like they are currently overcharging?

https://img1.wsimg.com/blobby/go/14c124c6-8b4b-4fce-aa5b-4fc04834d828/downloads/SCR%20Walden%20University%20Report.pdf?ver=1709820984239

It's impossible to know from this snippet. The fact they are a private school almost automatically implies they are overcharging. Really though you would need much more info on the financial picture to know- p&l etc. They do speak of price adjustment to keep them title iv elgible which would decrease revenues for share holders but what does price adjusting really mean. Does it really mean a tuition dec or is it just moving some numbers around on paper? Ross is also know for a pretty high attrition rate which is likely not taken into account in this report.

 

[battie]

Safkhet Capital Management LLC did a report on Adtalem Global Education. Ross University School of Veterinary Medicine is mentioned in it. It mentions the gainful employment rule that goes into effect July 1, 2024 and what Adtalem wrote about RUSVM concerning it on page 44. It’s very interesting. Does it sound like they are currently overcharging?

https://img1.wsimg.com/blobby/go/14c124c6-8b4b-4fce-aa5b-4fc04834d828/downloads/SCR%20Walden%20University%20Report.pdf?ver=1709820984239

Depends on what definition you're using. Couple thoughts:

1. Based on the Gainful Employment Rule (https://www.usnews.com/education/be...s a debt-to,20% of their discretionary income.), then quite possibly because Ross graduates would likely fail at least the first rule. To be fair, the top 3-4 most expensive vet schools would also likely fail as well (4 of which are for profit institutions and are 25% more expensive than the 5th). Unfortunately, the GER would only apply to graduates and not those who fail out, which is on of the main concerns with Ross specifically.

I didn't read the actual GER document (775 pages 😵), but the concept is amazing to me. Schools that are "degree mills" should have to pay the cost for implementing a poor business practice (I.e. producing a product that is non-functional within a short period of time of production).

2. Based purely on capitalistic economics, no. This is mainly because there are more applicants willing to spend the money to potentially become a doctor than there are not willing to take the risk with Ross. This applies moreso to the human med program than vet med. To be fair to applicants, most don't go into this nitty gritty detail about how schools are run.

 

[Rejected Med_Vet_Students]

It's impossible to know from this snippet. The fact they are a private school almost automatically implies they are overcharging. Really though you would need much more info on the financial picture to know- p&l etc. They do speak of price adjustment to keep them title iv elgible which would decrease revenues for share holders but what does price adjusting really mean. Does it really mean a tuition dec or is it just moving some numbers around on paper? Ross is also know for a pretty high attrition rate which is likely not taken into account in this report.

The person that put this together is pretty good. Here is a little about her. https://www.cnbc.com/2024/01/30/-ad...Fahmi Quadir,University School of Medicine in