As the healthcare industry struggles with the growing physician shortage, state budget cuts may force medical schools to cut back on admissions next year. For example, medical schools in Texas are expecting to face $500 million in combined cuts in the 2012-13 academic year, rendering them unable to fully fund students already enrolled, reports the Texas Tribune. These schools also are poised to see state payments for medical education drop by more than $12,000 per student per year, putting future admissions on the chopping block. Article