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Trends in Financing Dental Education, 2004-05 to 2011-12
Howard L Bailit1, Tryfon Beazoglou2
1Dr. Bailit is Professor Emeritus, School of Medicine, University of Connecticut; Dr. Beazoglou is Professor Emeritus, School of Dental Medicine, University of Connecticut. bailit@uchc.edu.
Dental schools increasingly rely on tuition, with state funding decreasing. This financial shift, driven by rising costs, may become unsustainable as student debt climbs.
Area of Science:
- Dental Education
- Health Economics
- Public Health Policy
Background:
- Dental school finances have shifted significantly between 2004-05 and 2011-12.
- Declining state support impacts public dental schools.
- Reduced university subsidies affect private dental schools.
Purpose of the Study:
- To analyze financial trends in U.S. dental schools over a seven-year period.
- To identify key revenue and expenditure factors influencing dental school finances.
- To assess the long-term sustainability of current dental school financial models.
Main Methods:
- Analysis of the American Dental Association (ADA) annual financial survey data.
- Examination of financial trends for both public and private U.S. dental schools.
- Identification of factors influencing dental school expenditures, including student enrollment and research.
Main Results:
- Public dental schools saw a 68.6% increase in tuition revenue alongside a 17.2% decrease in state support.
- Private dental schools experienced a 38.9% rise in tuition revenue but a 77.9% decline in university indirect subsidies.
- Expenditures were primarily influenced by student numbers, faculty practice, and research activities.
Conclusions:
- Dental schools exhibit increased financial dependence on tuition and fees.
- The strategy of passing increased operating costs to students may be unsustainable.
- Slowing dentist income growth and high student debt pose long-term financial challenges for dental education.
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