This is a problem for at least two reasons (one of them is that it is illegal, yet they continue to do it). But as the commenters indicate, it’s also a result of a lack of competition in the medical profession in general, because the industry has captured the regulators.
[Update a while later]
Link was missing, fixed now. Sorry.
Once we understand that the AMA is the doctors’ union, the situation begins to make sense.
Missing link?
Also, who wants to go into the medical field now? It’s one of the most stifling fields around. That goes for most legacy, and therefore heavily regulated, industries (medical, financial, food, housing, etc…).
Meanwhile, the technology sector is still relatively free and highly lucrative. It’s a no-brainer.
So much for the content of one’s character over the color of one’s skin.
Yo, I think that was done shortly before MLK went cold. 🙁
I worked for a bit with an Indian who had just finished pre-med and was trying to get into medical school. He said he actually had some schools tell him straight up that they had already had enough Indians apply and accepted and that’d he’d probably now have much chance there and should keep sending applications elsewhere. It was sad because he said he saw this kind of prejudice between cultures occur in his country all the time and thought America was better than that. Yet we have a ruling class that wants to be like everyone else…..
Meant to say, “nothave much better chance…”.