New York CNN —Bloomberg Philanthropies is gifting $1 billion to make medical school free for the majority of students at Johns Hopkins University, joining other high-profile donors who have contributed to tuition-free medical schools across the country.
Johns Hopkins said Monday that for most medical school students, the gift will cover the full cost of attendance, including tuition and living expenses.
In 2018, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.
An October survey from the Association of American Medical Colleges found that 70% of medical students who graduated in 2023 have taken on some level of education debt.
Bloomberg previously donated $1.8 billion in 2018 to undergraduate financial aid at Johns Hopkins University.
Persons:
New York CNN —, New York CNN — Bloomberg Philanthropies, Michael Bloomberg, Johns Hopkins, It’s, Ruth Gottesman, ” Bloomberg, CNN’s Eva Rothenberg, Sabrina Souza
Organizations:
New, New York CNN, New York CNN — Bloomberg, Johns Hopkins University, Bloomberg, Albert Einstein College of Medicine, NYU’s School of Medicine, Johns Hopkins, New York City, Association of American Medical Colleges
Locations:
New York