Word: units
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Dates: during 2000-2009
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This is the first time the unit loan has increased since 1995 when it reached $29,400, he wrote...
...Even with a unit loan increase, the HMS scholarship budget continues to experience unprecedented growth—well in excess of our tuition increases,” Boodram wrote...
...When the unit loan stays flat, as it has for the last seven years, family contribution and the scholarship budget have to absorb any increases in overall costs,” Boodram wrote in an e-mail. “The unexpected surge in scholarship demand has made it impossible to sustain a $20,000 unit loan given available scholarship resources...
Boodram also said that low interest rates should prevent students from accruing more debt than those students who faced lower unit loans with higher interest rates...
...also important to note that at most other medical schools, the bulk of the student debt is comprised of UNsubsidized [sic] student loans, which carry significantly higher repayment costs than the loan programs used to fund the HMS unit loan,” he wrote...