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New York Medical School Eliminates Tuition, After $1bn Gift

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A New York City medical school will offer students free tuition following a $1bn donation from the 93-year-old widow of a major Wall Street investor.

The gift to Albert Einstein College of Medicine came from Dr Ruth Gottesman, a former professor at the Bronx school.

It is one of the largest ever donations made to a US school and is the largest ever made to a medical school.

The Bronx, New York City’s poorest borough, is ranked as the unhealthiest of New York’s 62 counties.

In a statement, university dean Dr Yaron Yomer said that the “transformational” gift “radically revolutionises our ability to continue attracting students who are committed to our mission, not just those who can afford it”.

Tuition at the school is nearly $59,000 each year, leaving students with substantial debt.

The statement from Einstein noted students in their final year will be reimbursed for their spring 2024 tuition, and from August, all students, including those who are currently enrolled, will receive free tuition.

The donation “will free up and lift our students, enabling them to pursue projects and ideas that might otherwise be prohibitive”, Dr Yomer added.

Dr Gottesman, now 93, began working at the school in 1968. She studied learning disabilities, ran literacy programmes and developed widely used screening and evaluation protocols.

Her late husband, David Gottesman, founded a prominent investment house and was an early investor in Berkshire Hathaway, Warren Buffet’s multinational conglomerate. He died in September 2022 at the age of 96.

Dr Gottesman said in a statement that the doctors who train at Einstein go on to “provide the finest healthcare to communities here in the Bronx and all over the world”.

“I am very thankful to my late husband, Sandy, for leaving these funds in my care, and l feel blessed to be given the great privilege of making this gift to such a worthy cause,” she added.

About 50% of Einstein’s first-year students are from New York, and approximately 60% are women. Statistics published by the school show that about 48% of its medical students are white, while 29% are Asian, 11% are Hispanic and 5% are black.

In an interview with the New York Times, she recalled that her late husband had left her a “whole portfolio of Berkshire Hathaway stock” when he died with the instructions to “do whatever you think is right with it”.

“I wanted to fund students at Einstein so that they would receive free tuition,” Dr Gottesman said she immediately realised. “There was enough money to do that in perpetuity.”

She added that she occasionally wonders what her husband would have thought of the donation.

“I hope he’s smiling and not frowning,” she said. “He gave me the opportunity to do this, and I think he would be happy – I hope so.”

Culled from the BBC

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International News

After Turbulent Elections, Portugal Swears In Seguro as President

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Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.

Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.

Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”

SEE MORE: Spain, Portugal Plunge Into Darkness Amid Widespread Power Outage

“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.

Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.

“The force of law has been replaced by the power of the strongest,” he remarked.

Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.

While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.

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International News

US-Israel-Iran War: Day Four Updates from the Middle East

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The war involving the United States, Israel and Iran intensified on its fourth day Tuesday, with fresh explosions reported in Tehran, missile interceptions over Jerusalem, and rising tensions spreading across Lebanon and Gulf states.

AFP journalists in Tehran reported loud blasts across several parts of the Iranian capital, though officials did not immediately confirm the exact targets.

RELATED NEWS: Tension in Lagos as IMN Protests ‘Assassination’ of Iran’s Khamenei

The conflict began over the weekend after coordinated US and Israeli strikes reportedly killed Iran’s Supreme Leader, triggering retaliatory attacks across the region.

Iran Appeals to UN

Iran called on the United Nations Security Council to intervene and halt the war. Foreign ministry spokesman Esmaeil Baqaei said the council had a responsibility to act, insisting there were no legal obstacles preventing immediate action.

Oil Surges as Hormuz Disrupted

Global oil prices spiked amid fears of supply disruption, particularly as the strategic Strait of Hormuz — a crucial oil shipping route — was effectively closed.

Brent crude rose more than eight percent to $85.12 per barrel, its highest level since mid-2024. Meanwhile, precious metals fell sharply, with gold dropping over four percent and silver plunging more than 12 percent as investors shifted toward energy and the US dollar.

Iran Issues Fresh Threats

Iran’s Revolutionary Guards warned of intensified attacks on US forces and Israeli targets.

A spokesman vowed that “continuous punitive attacks” would follow, declaring that the “gates of hell” would open against both nations.

Israeli Troops Advance in Lebanon
Israeli ground forces reportedly advanced into areas near Kfar Kila and the Khiam plains along the Lebanon border.

Israel said the move was aimed at creating a buffer zone to protect its northern communities.

The escalation has displaced at least 30,000 people in Lebanon, according to the UN refugee agency.

Nuclear Site Damaged

The International Atomic Energy Agency confirmed that Iran’s Natanz Fuel Enrichment Plant sustained recent damage to entrance buildings at its underground facility. However, the agency said no radiological consequences were expected.

Gulf Capitals, US Embassy Hit

Explosions were also reported in Manama and Doha as Iranian strikes continued into a fourth day.

In the UAE, drone debris sparked a fire in an oil zone in Fujairah, though authorities said the blaze was contained.

Two drones reportedly struck the US embassy in Riyadh, causing a fire. Saudi officials condemned the attack as unjustified.

Tech Infrastructure Targeted

US tech giant Amazon confirmed that two of its data centres in the UAE were directly hit by drones, disrupting cloud services in parts of the Middle East. A nearby facility in Bahrain was also damaged.

Global Reactions

US President Donald Trump criticised UK Prime Minister Keir Starmer over disagreements on the use of British military bases, saying relations were “not like they used to be.”

France deployed Rafale fighter jets to protect its bases in the UAE, while China urged all sides to ensure safety in the Strait of Hormuz and called for an immediate ceasefire.

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International News

Iran Presses UN Security Council to Intervene in Escalating War with Israel, U.S

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Iran has called on the United Nations Security Council to urgently intervene and halt the ongoing war involving the Islamic Republic, Israel and the United States.

Speaking during a weekly foreign ministry briefing on Tuesday, Iranian Foreign Ministry spokesman Esmaeil Baqaei said the global body has both the authority and responsibility to act in order to prevent further escalation of hostilities.

SEE ALSO: US, Israel Wipe Out Iran’s Top Military Brass as War Enters Third Day

“The United Nations Security Council has a duty… if it wishes, it can certainly act, because there is no obstacle to its action except its own will,” Baqaei stated.

His remarks come amid rising tensions and continued military exchanges that have heightened fears of a broader regional conflict.

Iran maintains that international institutions must step in decisively to prevent further loss of life and instability across the Middle East.

Tehran’s appeal places renewed pressure on the Security Council’s five permanent members, whose divisions have often stalled unified action in past conflicts involving major global powers.

Analyst say any meaningful intervention would require consensus among key stakeholders, including Washington and its allies.

The war has drawn global concern, with several countries calling for restraint and diplomatic engagement to avoid further deterioration of security in the region.

 

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