The Albert Einstein College of Medicine in the Bronx has received a major donation from Ruth Gottesman, a 93-year-old former professor at the college. The New York Times reports.
It is one of the largest donations ever made to an American school and the largest ever to a medical school.
Tuition fees cost $59,000 (about 600,000 SEK) per year per student. Starting in August, all students, including those currently enrolled, will receive free classes.
The Bronx is the poorest borough in New York, and about 50% of Einstein's first-year students are from New York, and about 60% of them are women. School statistics also show that about 48% of medical students are white, while 29% are Asian, 11% are Hispanic, and 5% are black. BBC writes.
In a statement, Dean Yaron Yomer said the gift “fundamentally revolutionizes our ability to continue to attract students committed to our mission, not just those who can afford it.”
Instructions on luck: “Do what you think is right”
Ruth Gottesman's late husband, David “Sandy” Gottesman, made his fortune investing early in Berkshire Hathaway, the investment firm built by billionaire Warren Buffett.
When Sandy died in 2022 at age 96, he left behind a large stock portfolio with instructions for Ruth “to do what she thinks is right for her,” she told the New York Times.
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