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Albert Einstein College of Medicine received a record-breaking $1 billion donation for free tuition. The donation means all current and future students will receive free tuition. AdvertisementA student at a Bronx medical school that received a $1 billion tuition fee donation said he was elated, but he wouldn't want to be in the shoes of future applicants. "I still have to pinch myself and remind myself that this actually happened," Kohanzadeh told Business Insider. AdvertisementNonetheless, he said he would still encourage future students to apply as it isn't "out of reach for anyone who is extremely passionate."
Persons: Albert, , Ruth Gottesman, Gottesman, David, Sandy, Brent N, Clarke, Warren Buffett, XOy9HZLbfD, 1ijv02jHFk —, Avraham, Avi, Kohanzadeh, would've, there's Organizations: Albert Einstein College of Medicine, Service, New York Times, Forbes, Manhattan Co, Times, Pediatrics, Health, Business Locations: Bronx, Berkshire Hathaway, @EinsteinMed
"He left me, unbeknownst to me, a whole portfolio of Berkshire Hathaway stock," Gottesman told The New York Times. She would donate the money in full to the Albert Einstein College of Medicine in the Bronx, New York's poorest borough, the Times reported. Advertisement"I wanted to fund students at Einstein so that they would receive free tuition," she told the Times. Her gift is so large that it will cover students' tuition to the medical school in perpetuity, Albert Einstein College of Medicine said in a press release. A year's tuition at the school costs over $59,000, leaving many graduates with more than $200,000 in debt, the Times reported.
Persons: , Ruth Gottesman's, Gottesman, Gottesman couldn't, Einstein, Ruth Gottesman, XOy9HZLbfD, 1ijv02jHFk —, Gottesman's, David, Sandy, Warren Buffett, Berkshire Hathaway, Yaron Tomer, Marilyn, Stanley Katz Dean Organizations: Service, Berkshire Hathaway, New York Times, Albert Einstein College of Medicine, Times, Montefiore Health Systems, Pediatrics, Health, Einstein, Foundation, Manhattan Co Locations: Berkshire Hathaway, Bronx ,, @EinsteinMed, Buffet's, Berkshire
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