Policy Impact Analysis - 117/S/4792

Bill Overview

Title: Foreign Medical School Accountability Fairness Act of 2022

Description: This bill revises the institutional eligibility criteria for a foreign graduate medical school to participate in federal student-aid programs. Specifically, the bill requires all foreign graduate medical schools to meet the same minimum requirements to participate in the programs.

Sponsors: Sen. Durbin, Richard J. [D-IL]

Target Audience

Population: Students in foreign medical schools relying on US federal student-aid programs

Estimated Size: 15000

Reasoning

Simulated Interviews

Medical Student (Houston, TX)

Age: 24 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • I believe this policy is necessary to ensure quality education abroad, but I'm worried about my school's ability to meet the requirements immediately.
  • Losing access to federal aid would mean having to find alternative, possibly more expensive, funding sources.
  • If my school adapts quickly, my situation might not change much, but it's a stressful uncertainty.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 7 6
Year 20 8 6

Medical Resident (Los Angeles, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy might be too late to affect me directly as I have already graduated.
  • I do worry about my fellow students and future students who might face barriers if their schools have difficulty adjusting to these new standards.
  • In the long term, I hope this standardization leads to better education quality abroad.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Pre-med Student (New York, NY)

Age: 21 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • This policy introduces a lot of uncertainty into my future plans.
  • On one hand, standardized criteria might help ensure I'm getting a quality education if I study abroad.
  • On the other, the risk of my future school not meeting requirements and losing aid is concerning.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Healthcare Policy Analyst (Chicago, IL)

Age: 28 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 3/20

Statement of Opinion:

  • From a policy standpoint, this bill addresses an important gap in ensuring educational standards.
  • The impact may differ for schools, but on a macro level, this could lead to more reputable education options for students choosing programs abroad.
  • I'm hopeful about the long-term benefits.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Medical Student (Miami, FL)

Age: 22 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • My concern is mostly about being able to continue my studies without financial interruptions.
  • I think standardization might bring about positives in the long run but currently, it feels like a threat to my education stability.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 5
Year 2 5 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 8 5

High School Senior (Dallas, TX)

Age: 19 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 6.0 years

Commonness: 12/20

Statement of Opinion:

  • This policy could make decisions more complicated in terms of evaluating which schools would maintain aid eligibility.
  • I see the potential for improved education quality but need reassurance about stability in aid availability when the time comes to apply.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Financial Advisor (Boston, MA)

Age: 32 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 2.0 years

Commonness: 4/20

Statement of Opinion:

  • In terms of financial planning, supporting clients in this transition becomes a critical task.
  • This is a positive step for ensuring students' investments in education are worth their while.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Medical School Counselor (Portland, OR)

Age: 27 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 5/20

Statement of Opinion:

  • The key is to guide students through these changes without disrupting their educational timelines.
  • This policy might cause some anxiety, but ultimately it's geared toward better educational outcomes long-term.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 7 7
Year 3 7 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Education Consultant (Atlanta, GA)

Age: 40 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 7.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy presents an opportunity for foreign schools to upgrade their standards and reach consistent quality benchmarks.
  • In the long run, it's beneficial, but some schools might initially struggle to meet requirements.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Healthcare Access Advocate (Seattle, WA)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Imposing a standard can help ensure that all students receive education worth their investment.
  • However, we need to ensure that this does not unfairly limit access for low-income students who rely on these programs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 8
Year 2 8 8
Year 3 8 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $50000000 (Low: $30000000, High: $70000000)

Year 2: $50000000 (Low: $30000000, High: $70000000)

Year 3: $50000000 (Low: $30000000, High: $70000000)

Year 5: $50000000 (Low: $30000000, High: $70000000)

Year 10: $50000000 (Low: $30000000, High: $70000000)

Year 100: $50000000 (Low: $30000000, High: $70000000)

Key Considerations