Nova Scotia’s Dalhousie University will be selling 10 spots in its medical school class to the Kingdom of Saudi Arabia. In return, Saudi Arabia will apparently give Dalhousie a check for $750,000 every year.

According to an article by David Jackson in the Chronicle Herald:

In an internal memo sent to faculty, staff, residents and graduate students, [Dalhousie’s Medical School dean, Dr. Tom] Marrie said the new revenue is “critically important” after the loss of “significant funding from the Nova Scotia government” and rising costs caused by an accreditation problem.

“From my standpoint, we’re underfunded. We know what our costs are and our revenues are not equal to our costs,” Marrie said in an interview.

Despite that parts of Nova Scotia may be facing a shortage of doctors, according to Canadian politician Stephen McNeil, the ten students will do their residencies in Saudi Arabia.

Dalhousie is the same college where last month undergraduates protested their tuition hike with a music video. Perhaps they should consider making money by selling their positions abroad. [Image via]

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Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer