Medical Education Costs

LITTLE attention, so far, has been given to the question of costs of medical education. Abraham Flexner assumed the existence of the medical-school plant and confined his attention to operating expenditures.' Limited study, likewise, has been given to the question of provision for depreciation of the medical-school plant and equipment. It is debatable whether such accounting of capital costs will help the medical schools. Legislatures, foundations, and individual donors who have provided the funds for land, buildings, and equipment may, however, become more interested in such questions. The administrators of all the medical schools seem to have assumed that when a building wears out a wealthy friend or the legislature may be induced to provide funds. Some account of capital costs appears in the financial statements in the form of payments of interest on funds borrowed for buildings and equipment, and a few schools have set up depreciation accounts, but the aggre

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