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AMERICAN DENTAL EDUCATION ASSOCIATIONhttp://www.adea.org/Secondary.aspx?id=18210



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AMERICAN DENTAL EDUCATION ASSOCIATION

The ADEA Presidential Task Force onthe Cost of Higher Education and Student Borrowing

Charge

Study the cost of dental education and student borrowing to better understand dental, advanced dental, and allied dental education in the context of the changing economics of higher education.



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The ADEA Presidential Task Force on the Cost of Higher Education and Student Borrowing

Task Force Activities

1.Review and evaluate the recommendations from the 1999 AADS report.

2.Review the relevant literature and investigative reports.

3.Review the dental education costs and dental school deans’ perceptions.

4.Create a conceptual model that describes cost and student borrowing pressures.

5.Review borrowing characteristics of dental students.

6.Review the legislative and regulatory environment affecting dental student debt.

7.Make recommendations to the dental education community and organized dentistry.



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The ADEA Presidential Task Force on the Cost of Higher Education and Student Borrowing



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1st Year Tuition & Fees(Nominal $ - Not Adjusted)



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Average Total Resident and Nonresident Costs for All Four Years, 2001-02 to 2010-11



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Borrowers: Average Educational Debt Among Graduating Students with Debt by Type of School, 1996-2012

(Current Dollars)

84,24797,961

105,969122,491

135,721

162,155

187,394197,366 203,374

221,713

66,15380,216 82,963

97,370110,686

137,792

158,217 174,967

177,795192,199

116,407128,947

136,319

155,984171,928

196,636

222,944232,780

245,497

263,382

$60,000

$90,000

$120,000

$150,000

$180,000

$210,000

$240,000

$270,000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Average of All Schools

Public Schools

Private/Private State-Related Schools

Source: American Dental Education Association, Survey of Dental School Seniors

Note: Educational debt is the sum of undergraduate debt and dental school debt of only those respondents who have debt.



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Conceptual Model of Cost and Borrowing Pressures



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Complexity of Dental Education Finances



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Dental School Revenue Sources (In 1973 constant dollars)

Source: Brown, LJ. (2012, Oct). The dental workforce: Past trends, future prospects and possibilities. Meeting of the ADEA Presidential Task Force on the Cost of Higher Education and Student Borrowing, New Orleans, LA.



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Recommendations for Lowering Dental Education Costs and Reducing Student Borrowing

1. Promote financial literacy and ensure that the highest quality financial aid services and counseling are available to prospective and current students, residents, and fellows.

2. Continue to pursue funding for scholarships from stakeholder communities.

3. Continue to promote mission alignment with resource management in academic dental institutions.

4. Explore alternative dental education models.

5. Enhance advocacy partnerships with other dental organizations.

6. Continue to take a leadership role in representing the interests of ADEA’s membership on issues related to the cost of dental education and student borrowing.1. Loan Repayment/Forgiveness Programs

2. GME and THCGME

3. FQHCs



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Suggestions for Future Research

1. Conduct more extensive trend analyses of available cost and borrowing data.

2. Establish data sharing agreements among various stakeholders.

3. Refine ADEA and CODA surveys so they provide information that supports planning, policy, and decision making associated with the cost of dental education and dental student borrowing.

4. Encourage both local and national qualitative research that examines the status of students’ educational loans.

5. Conduct a national study to identify the costs of implementing alternative educational models, especially IPE.

6. Examine implications of rising debt among allied dental students.

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