Given that medical schools run almost exclusively in the red, the only way to make a med school profitable would be to severely cut spending on resources for students. I would definitely choose a brand new not for profit medical school over a few years old for-profit school - there’s a clear difference in the mission.
Key word there: graduates. If you go with the percentage of people who matriculate you’re in the 25-33% range who end up as MDs in the USA.
Good (as in middle of the road) ECs = sustained community service, research leading to a poster, sustained interaction with the sick/disabled (this can be paid or volunteer), leadership in a campus-based org, sustained commitment to pretty much anything.
Frankly, I think the bigger issue is people who think their essays and LORs are top tier when they really aren’t. I can think of one application I read that checked off every box, including LORs, and yet the essays were written in such a way that I was forced to put them as a hold because I just came away with such a dislike of the person. The 2nd reader agreed and also marked them as hold. More common is the essay that demonstrates naivete or a fundamental misunderstanding of what a physician’s career actually entails. Another app I can think of was doing ok until I got to the LORs. The last letter was genuinely negative which was the final nail in the coffin but a couple letters I read before that didn’t have anything negative but were skillfully written in a way that made me wonder if it was actually a positive LOR or not. I think I would have been very torn as to whether I was reading between the lines properly or not if it hadn’t been for that final letter.