What an incredible gift she gave those students! They’ll remember this forever. Now they can focus on becoming the best doctors they can be! The future is very bright for any hospitals or dr offices who get these amazing students when they become doctors.
In Sweden, all education is payed by the state (taxes). We only need to pay for living in higher education. We take it for granted and I now understand the privilige we have here🙏
This is a good thing but we still need to audit the finances of all colleges that accept federal student loans. Where is all this money going? How much will the tuition increase in the next 5 years? We have less qualified & educated workers but tuition rates have increased higher than any other debts (real estate, auto, personal, credit) combined over the last 25 years.
Forever. The interest earned on one billion dollars, even if invested in extremely low-risk bonds, will cover the tuition each year without ever dipping into the original billion.
Scholarship funds don't work that way. They draw on the interest of the principal donation. A billion dollar donation will more than earn enough interest to cover the yearly tuition for this school's students - and any extra interest that's not needed to cover tuition will be re-invested making the principal even bigger.
Wouldn't it have been better if this was given only to needy students ? At least make it an opt in This way more rich contributing PPL would be created
You are overestimating the amount of students that can afford med school. The majority of students take loans. I’m considered very privileged and have a physician parent but even I have to take on loans for my med school tuition bc it’s impossible to afford that in cash plus my living expensive and my siblings’ tuition/living expenses. If a student did well enough to be accepted to that medical school then they deserve that free tuition no matter their financial background.
When I look at my medical bills, I am shocked at what doctors actually accept from Medicare, for example, if a procedure costs $700, the doctor accepts $150 as payment...this is their thanks for accepting Medicare patients.
Bangladesh all Medical school almost free bcoz doctors is a noble n great profession. Every country has huge big problems without doctors. Don't forget covid times .
I'm always suspicious of these things, we always get the happy coverage at the start, but never any follow-up. People who win the lottery are all happy at the start but we all know it doesn't always end up that way. How much of this money will be trimmed off to other things outside of medicine? What are the DEI restrictions, if any?
Please. . .the stipulation is tuition free in perpetuity. You must be one of those MAGA people that believe everything is a conspiracy. Call the school and ask to be on its board so you can personally oversee the disbursement of funds and remove yourself from conspiracy theories.
What a beautiful story! We need more people like Ruth, and her husband in our world. How sweet!
We need to be like them.
God bless you Ruth and everyone in your Family,
What an incredible gift she gave those students! They’ll remember this forever. Now they can focus on becoming the best doctors they can be! The future is very bright for any hospitals or dr offices who get these amazing students when they become doctors.
God bless the donor's heart 💜 and the future generations who will utilize this opportunity to be great leaders and doctors! To God be the Glory!!!
Makes me cry
God bless isreal wonderful Jewish lady
Amazing!!!God bless to DR. Ruth Gottesman forever!!
What an AWESOME family!
Mil Bendiciones para Ella y su esposo!🙏🏼❤️
May God bless you Dr
That's the best use of Wealth, giving it back to Society. We ll have the best doctors now. Hope these doctors do some social work as well.
Thank goodness and my goal is to do the same thing I'm glad that no other place has copied this.
These students better get their degrees and be great with their future patients !!
Kind of a backhanded compliment.
In Sweden, all education is payed by the state (taxes). We only need to pay for living in higher education. We take it for granted and I now understand the privilige we have here🙏
Go to Sweden Americans it's expensive compared in the Netherlands. Here foreign students pay a whopping 5000-6000 euro's/year.. 2750 for locals. :P
Can’t wait to apply! 😊
Beautiful Heart
Every country needs doctors. They are treat people's. Don't forget bcoz All Med school needs tuition fee free.
Good job our future should take advantage of that your action will make our country great and greater good luck thank you 🌟🇺🇸⚖️👸👶💯🌟👈🤔
That is awesome.❤
This is a good thing but we still need to audit the finances of all colleges that accept federal student loans. Where is all this money going?
How much will the tuition increase in the next 5 years?
We have less qualified & educated workers but tuition rates have increased higher than any other debts (real estate, auto, personal, credit) combined over the last 25 years.
How many times will these free tuition be available ? Is it only for the promotion that is running or is it forever ...??
Forever. The interest earned on one billion dollars, even if invested in extremely low-risk bonds, will cover the tuition each year without ever dipping into the original billion.
It would be amazing if they could send some money to some of the previous graduates that are in crippling debt
I’m not one against it, but it seems that money will dry up rather quickly. In a couple of years it will be gone
Scholarship funds don't work that way. They draw on the interest of the principal donation. A billion dollar donation will more than earn enough interest to cover the yearly tuition for this school's students - and any extra interest that's not needed to cover tuition will be re-invested making the principal even bigger.
Wouldn't it have been better if this was given only to needy students ? At least make it an opt in This way more rich contributing PPL would be created
Why?? This area is low income I think
You are overestimating the amount of students that can afford med school. The majority of students take loans. I’m considered very privileged and have a physician parent but even I have to take on loans for my med school tuition bc it’s impossible to afford that in cash plus my living expensive and my siblings’ tuition/living expenses. If a student did well enough to be accepted to that medical school then they deserve that free tuition no matter their financial background.
her husband's estate, to give to medical doctors who's field is 40% funded by Medicaid & Medicare
When I look at my medical bills, I am shocked at what doctors actually accept from Medicare, for example, if a procedure costs $700, the doctor accepts $150 as payment...this is their thanks for accepting Medicare patients.
We need DENTAL HELP!!! MAKE MORE DENTIST TOO, USA!🦷🦷🦷
TIME 🎉🎉🎉
Bangladesh all Medical school almost free bcoz doctors is a noble n great profession. Every country has huge big problems without doctors. Don't forget covid times .
Kind Jewish lady
I'm Loving this !!!💯❤🤍❤🤍
Perhaps other billionaires could do the same.
Someone tell the billionaires to do more of this
And THAT'S what you do with a billion dollars! ❤
You don't change horses during a race, right.
I'm always suspicious of these things, we always get the happy coverage at the start, but never any follow-up. People who win the lottery are all happy at the start but we all know it doesn't always end up that way. How much of this money will be trimmed off to other things outside of medicine? What are the DEI restrictions, if any?
Please. . .the stipulation is tuition free in perpetuity. You must be one of those MAGA people that believe everything is a conspiracy. Call the school and ask to be on its board so you can personally oversee the disbursement of funds and remove yourself from conspiracy theories.
envy. simply envy on youre part. feel sorry for youre mo_her.
Why do we highlight it is a Bronx medical school? What percentage of the current student population is from Bronx?
The medical school is located in the Bronx. They wouldn't call it a Jersey medical school smh
90% of the student population could be from Denver and it won't be known as a Colorado medical school 😂
One color that doesn’t match my skin
Hello, billionaires. Are you watching this?
Don't vote for Vladimir Putin
ALL MED SCHOOL NEEDS TUITION FEE FREE BCOZ MANY DOCTORS SUICIDE FOR TUITION FEE N MCAT EXAM N TAKE LONG TIME STUDY BECOMES DOCTORS.
wow
🙏👏❤
🫡
I always say this, there is no better people or better race than the American people on earth👩🍼👨🍼🔥👏🏽
🥇👨🏻✈️💞🇮🇳🌼🌼🔑💝🕯️💛💛🕯️🕯️🕯️
She is angle