DFW HOYA
Platinum Hoya (over 5000 posts)
Posts: 5,749
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Post by DFW HOYA on Feb 26, 2024 12:17:49 GMT -5
Timing Is Everything. Wikipedia: "In February 2015, Yeshiva University announced the transfer of ownership of Einstein to the Montefiore Health System, in order to eliminate a large deficit from the university's financial statements. The medical school accounted for approximately two-thirds of the university's annual operating deficits, which had reached about $100 million before the announcement. On September 9, 2015, the agreement between Yeshiva and Montefiore was finalized, and financial and operational control of Albert Einstein College of Medicine was transferred to Montefiore.... "In February 2024, Ruth Gottesman, who had been a long-time professor at the medical school and is head of the board of trustees, donated $1 billion to the school to make free tuition available to all students in perpetuity." www.nbcnewyork.com/news/local/doctor-gifts-bronx-medical-school-1-billion-to-cover-tuition-for-all-student/5170432/
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DanMcQ
Moderator
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Member is Online
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Post by DanMcQ on Feb 26, 2024 20:15:39 GMT -5
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CTHoya08
Diamond Hoya (over 2500 posts)
Bring back Izzo!
Posts: 2,861
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Post by CTHoya08 on Feb 27, 2024 6:55:58 GMT -5
Good for Einstein, good for the Bronx, and good for the medical profession. I can think of many much worse ways to spend $1B than a donation that makes medical school available free of tuition.
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