Bronx medical school receives $1 billion donation to offer free tuition to students
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- Опубліковано 26 лют 2024
- Dr. Ruth Gottesman, a professor emerita of Pediatrics at Albert Einstein College of Medicine who currently serves as chair of the school’s board of trustees, announced the generous donation on Monday.
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Wow! That an old grump like me a little teary eyed.
What a great act of humanity
Me too. I am thinking about her students tortured by Hamas while she is enjoying the chant "Allahu Akbar" in gratitude for her gift. This what happens when one has a privileged life from childhood, absurd education and no conscience.
dr anna (not this kind of doctor)
Can I carry your bag ma'am? You deserve to be chauffeured. This is the best of act of humanity seen.
Wow, that’s what’s called leaving a legacy. Great news.
wow, what an amazing lady. Simply amazing, hope others follow suit for this sort of thing.
The german name of the word, "Gottesman" means Man of God. Wow! It now makes more sense as to why 93 year old Ruth Gottesman donated 1 Billion Dollars to the University. Enabling the Free tuition for all Students. God is definitely great all the time. God bless her and the family more. Peace...
Yes and don't mention at all she is an atheist.
And guess what: here in Germany its normal that you can study for free at a university. :) but im happy for these people 👍
Long live Germany🇩🇪❤🇧🇩
She deserves the Nobel prize and all the awards 🎉 congrats to all the students and future students to come.
I love her and I can not help feeling glad for those future doctors. ❤
This is beautiful. I’d love to see more of the presentation and announcement.
Same here!!!
What an absolute legend
Keep an eye on the people that are in charge of this that amount of money brings out the worst in some people
I believe because she is stating so publicly it will be a direct fund - I don’t think anyone could be in charge of putting the money elsewhere
If I were her I would add the condition that the professors and executives don't get a raise or bonus for the next 4 years.
So wonderfully inspiring!
😢😢😢what a wonderful thing to do😢😢😢 Ruth deserves a statue ❤
This is a life-changing dream come true.😁
I’m so happy for these kids. They deserve it! 💖☘️
Imagine if Americans would understand that higher taxes could make ALL universities tuition free. Fortunately, that's how we do it here in Denmark, where I live. ALL universities are free! In long term it pays back to the country big time.
We pay high taxes, but we send it to everybody else.
Most of Europe has been paying squat for their defense for ages. I wonder who has given them cover?
@@Sobe1989wrong
@@garyrentschler6082 Cover from what?
@@eccotom1russia..
I wish all the students honor such donation becoming great and passionate doctors to help society.
Amazing!
Thank God for this awesome lady. Women give more to charity and help way more than men do. It would be nice to have more rich people like her. 🎉❤
This is wonderful news!!!!! Blessings on a bright future ❤❤❤❤❤❤❤❤❤
May God bless you Dr ❤️❤️❤️
If I’m a student there, I would never drop out.
Good . I heard there was a shortage on nurses .
La canción que elegí es: Money is coming to me, de Eddie Watkins Jr.
The comments didn’t disappoint 😂😂😂😂
our college(graduate school) is free now, our acceptance rate is now 1% and all federal student loans of our current and past students are still to be paid.
Woman of the Year so Far
These days when people of the world are more than inclined to disparage the Jews ...take a good look at what this family did for the world. Her husband stated in his will "do what you think is right" with the money. She certainly did and makes us all proud to be Jews.
Beautiful Heart
God bless her
Wonderful
That’s a meaningful donation
I really like AMERICA seee without considering religion race she has gifted so much love for you and your thinking I really really admire USA and people of USA for this big kind hearted.❤ ❤❤
This is beautiful. Hopefully that won’t change the school. You know how many people will start applying. The makeup of that school is very multicultural. Please don’t let that change.
I hope other Billionaires and Millionaires, learn from this kind human being!🎉🎉🎉🎉
Not , showing us their expansive homes and Rolex wrist watches 👍
As a former European student from the states do your research and homework before applying abroad.
Not all colleges offer free education in Europe, especially as a non-native European.
Mostly depends on what you define as “free,” the languages you speak, your qualifications, what you’re studying, and your nationality. One may still be responsible for fees and other university costs even if your tuition is totally covered, 😮 I found that out. Although, there’s incredible benefits dining on campus and getting medical treatment. (-:
My aunt was one of these very lucky students. But it was not without Gods help. When she applied to medical schools she got offered help to pay with fees and stuff and the amount was 55,000 but Because of religious reasons she said no and instead picked this medical school. Fast forward to this year where she made the brave decision to take a one year break to have her baby. And now next year she gets to go for free for HOW MUCH MONEY? 55,000 dollars. The same amount she would’ve saved at the other medical school. God is good. ❤
WOMEN DO THE MOST AMAZING THINGS!!!!!
We have this in my country. We get free education if we complete our education. If we don't we have to pay the money back.
German Universities: You guys have tuition fee?
How wonderful!!! These are the things billionaires should be doing
Thank god.. good people still exist in this planet.. where as our politicians and leaders spend money in wars..
Really urgently Need 10 lakh indian rupees or 1 million money donation.
You can also give less as per your wish....
message as soon as posible
❤❤❤❤❤❤❤❤❤
At a minimum rate of return of say five percent mind you , thisprobably do better that's At a minimum rate of return of say 5% mind you, thisprobably do better. That's 50 million dollars a year. That's enough for. Almost 800 people without a problem. If not one, this is incredible.
Sooooo wonderful. I hope Dr. Gottesman's act inspires other billionaires! 🤞
For Phillipines also help
First time ever have this happening 😅😅
A billion… tuition free for all current and future students… indefinitely? What’s the math on that how many students do they have per year how long could this last for? It hard to comprehend how much a billion is haha
Calculate it yourself by looking at their tuition with the 1 billion dollars
Kinda like the nobel prize. When the investment is big enough, the yearly interest is enough to pay for the whole school tuition for that year
Then the principle be like sorry it's a April fool's
0:53 I found one person in the audortium not happy. I don't want to be a patient of his, not ever.
Very noble but mark my words this college will become the most expensive college in America
why?
@@SugarPlumFairy-zk7uj greed
Law 40 or 48: DESPISE THE FREE LUNCH. Anything offered for free is dangerous. It involves either a trick or a hidden obligation.
Numbers 6:24-26 KJV
The LORD bless thee, and keep thee: The LORD make his face shine upon thee, and be gracious unto thee: The LORD lift up his countenance upon thee, and give thee peace.
❤🎉
Ruth Gottesman for president
Wealthy people will not find a way to squeeze their own kids in. It happens every time.
All of the most exclusive and expensive boarding schools in the UK started precisely as charitable schools in medieval times.
👍🏻🙏🏻
Long term long wait no interest for the new doctor would have been my choice
That's nice but you know the students aren't coming from the community
👏
I hate to say this, but this will get screwed up in 1 year or less.
Yea too many people will apply and the money will run out quick.
It will be grifted away. Admissions will be overwhelmed with new student applications, so they'll hire more people for that. Then the admins and professors will want higher salaries and bigger bonuses. The "price" of the school will double, and then keep doubling, so they can bill out more against this donation. Money will go missing through misappropriated funds and outright fraud.
Obviously they are smart people and they worked out how many students can be admitted per academic year. Y’all are just negative Nancies (aka miserable haters)
@insomnianaut6689 sure. There is never any grift associated with the word "free". The number of students being manipulated/abused is just one facet. You could be right though. I'm just betting on human nature being greedy and basically terrible. Only time will tell either way.
Law 40 or 48: DESPISE THE FREE LUNCH. Anything offered for free is dangerous. It involves either a trick or a hidden obligation.
Not sure how to word this right. For once a Wealthy person who is giving their money away for a very good cause.
Just think now that the fianacal burden is gone how much less stress there will be for these kids. They will be able to study and be able to eat real food without worrying about money to stay in college. The stress that their parents will no longer have that are helping their kids pay for college. Who knows that of these kids what cures they will find or who will be the next to help someone struggling with paying for school
1:43 meanwhile she's wearing a $1,000 jacket...
Wow, she cannot do a good deed while wearing a $1000 jacket?
Why are you nitpicking here?
The average total cost of medical school is $235,827.
We need to become more like the enlightened countries of the world that offer free education and don't worship unregulated capitalism at the expense of the well-being of society at large. As admirable as the gift is, there should BE NO BILLIONAIRES! This is a dangerous concentration of influence and power, which can be directed toward goodness or wickedness, as the billionaire chooses.
You can have your socialism!!
All medication must be free no biznes. Ok?
Altruism at its finest! She's amazing. My aunt had a $250k debt to pay back when she completed medical school. It's expensive!
Hate to break the bad news, but this will be short lived. Tuition is $58,000 per year ($232,000 for all four undergraduate years). Currently there are 740 students enrolled, meaning the 1 billion dollars will be exhausted in 5.8 years with that enrollment and no reduction in tuition price. They'll need to keep their endowment growing very quickly to sustain it at that price. Would be nice to see!
Banks. deposits .. No, don't hear about it 😉
Your logic is flawed 740 x $58.000 tuition fee per year = 43 million approx. 1 billion invested it's doable to get that 43 million as ROI. And not all students there have to pay $58.000 each year.
@@randar1969 you make a good point. If the money is placed in the stock market, it's has the potential to return over 50 million per year, assuming a 7% ROI. While there is no guarantee of that, your statement is correct. Thanks for the input.
My only q is, how can you be a billionnaire and live a simple life like Dr. Ruth? I mean, of course she own mansions and stuff but howwww exactly still teaching and doing this charity work 🥹🥹 im crying.
👏👏🙏🙏🙏❤️❤️
Is she running for president?
What is more amazing is how the whole US system works. Yeah, they will be good doctors, but only for the pacients that can afford an insurance.
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So many callous, apathetic and condescending comments. Why not share in another’s happiness and one day, during the worst of a medical crises, a graduate from this esteemed university will save your life, a friend or someone in your immediate family. Unfortunately, so many people don’t understand the difference one doctor or nurse can make in this world. Having real billionaires saving lives and not false corrupt fake billionaires who have no sense of a conscience, a moral compass and are completely immune to the human condition. Yet, ethically, so many indifferent people still think false and fake conspiracy liars are something special above others with absolutely no accountability or respect for an open minded discussion.
Its a hail mary to keep healthcare workers in NYC since they fucked up so bad during covid and atm.
This is a great gift. I hope they check the background of students and deny anyone who has ties to pro Palestinian protests. I would actually hope that they would deny anyone who has a history of antisemitism.
😂
@@CowboyConan, liberal?
@@Bumula1
Not a sheep
Well you can bet that their’ll be a lot of new cars in the parking lots of both the staff and students. That money will be gone in under five years!
Jesus already put her name in his family list .
Sound good not good. When people get some thing for free they don't appreciate it as much as if they worked for it. What's next on first day-here is your cap, gown and diploma?
Your misery needs company, I see.
Wealthy people WILL find a way to squeeze their own kids in. It happens every time.
All of the most exclusive and expensive boarding schools in the UK started precisely as charitable schools in medieval times.
Free for some privileged people Bureaucrats will stuff their pockets !
Party Time. Night Clubs will be Doing a Brisk Bussness.
College is the only education that shouldn’t be free. College also shouldn’t be as expensive as it is.
Lol, in asia some countries has always been tuition free and still striving up to now. The only thing was the grade show not be below the standard.
Stfu . It's free all round the world, just because you want people to suffer to get get a decent living doesn't mean they should . Thank goodness for this womans generosity.
Let’s hope that all these soon to be doctors go straight to Gaza and help all the people so horrifically abused by Israel.
❤❤❤❤❤❤❤❤❤❤❤ Vote 💙 2024
Why for ever ???? According to my calculation this money will be zero after 14 years. Demonstration : Tuition & Fees 1st year $69,673 2nd year $70,353 3rd year $70,353 4th year $70,053 = Total 280'000 $ . They have 1000 students. So this means 1'000'000'000 / 280'000 / 1000 = 3.5 times , so 3.5 x 4 = 14 years....considering 0% interests on remaining capital
The money is not going to sit in a checking account. It will be set up as an endowment which means it will be invested and enough will be withdrawn each year to cover current year tuition. The goal is to have the money generate enough income to cover expenses. This school is not tuition driven, they make most of their money from from the NIH for medical research. Hope that helps.
Exactly right. The money will be invested somewhere to generate more money.
I hope trump and all our corrupt leaders are paying attention
Don’t ever say that there is no God
Paying for the results of the study's 🤣
I am not sure if this is a good way to give money. The last group of professionals that needs free tuition is doctors. I haven't seen a poor doctor yet. Plus, most medical students come from middle and higher social economic classes.
Majority of doctors in this country will not see you if you do not have insurance. Try to get a blood test or an imaging study without insurance. It will cost you hundreds and even thousands.
When I walked downtown Baltimore, Dc, Phila, LA, San Francisco etc.. I see so many homeless people. Perhaps the money is better spent on those who are most in need. We have a crisis of homelessness and drug addiction in this country for many years. But, these people do not have a voice in the society. Therefore, giving them money does not bring you fame and notoriety. For many philanthropists, giving money is a popularity contest, with exception of a few such as Bill Gates, Warren Buffet etc..
This is just my thought🙏🙏🙏
Law 40 or 48: DESPISE THE FREE LUNCH. Anything offered for free is dangerous. It involves either a trick or a hidden obligation.
There's a gift horse that needs looking into. Seriously. People with that kind of moolah don't "give" anything away, ever. Not ever. They're most certainly not "giving", they're buying - the only question is who and what that is..
Or, it's actually a genuinely decent person who has spent a lifetime helping others and wanted to give something meaningful before they leave this life. ❤
Law 40 or 48: DESPISE THE FREE LUNCH. Anything offered for free is dangerous. It involves either a trick or a hidden obligation.@@c.s.7266
Absolute biggest waste of money possible
No, it ain't a waste.
Exactly mister wise visionary. Better invest it in a benevolent election campaign for politicians who thrive in legally grabbing you by your pussy when permitted . . .
Why?
Thats why i am glad she is a billionaire and you are not.
How is this a waste?
So any idiot can now go into medical school and not have to pay for it. And to whom will they owe their allegiance when they get out?😅
I highly doubt that. It will honestly be harder to get in. So the kids that go in will have to really have good grades. They are going to vet the heck outta students now
Their future patients
The donation makes it tuition free, but it doesn’t eliminate admission requirements. So applicants still need to meet certain standard to get in.
What a great blessing ❤❤❤ it makes me 🥹😭
Great more woke doctors who will treat you , or not treat you because of your skin color? They will treat your feelings, but not your ailment!
I have no idea if you're joking or not. You're suggesting that only white people are good doctors?
Wait, what??? Boy bye
Blah blah blah 🥱
Daddy Elon Musk?
That money will disappear quickly into "non-profit" pigeon holes. Watch the tuition magically go up 300% now that it's funded
Its usually bad when it first looks good