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Because residency programs are very difficult to operate and require a level of staff that not all hospitals have access to.

The issue isn't with the supply of graduating students, it's with the number of residency spots.

This year 95.3%[0] of graduating students matched to a residency program. Out of 18.5k applicants, only 17.5k matched to an available residency program.

0: http://www.nrmp.org/wp-content/uploads/2017/03/2017-Match-by...



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