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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

JUST IN: Slovakia PM Shot In Gun Attack

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Slovakia’s Prime Minister, Robert Fico, was shot in a gun attack on Wednesday afternoon in Handlova, Slovakia.

He sustained injuries to his head and chest and was airlifted to the nearest hospital for medical attention.

EU Commission President Ursula von der Leyen condemned the attack on social media platform X, emphasizing its undemocratic nature.

She expressed sympathy for Fico and his family.

The Slovak Prime Minister is expected to make a statement regarding the assassination attempt shortly.

 

 

More to follow…… 

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I Won’t Resign, Says Spain’s PM

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Prime Minister Pedro Sanchez of Spain has officially announced that he will not be resigning, bringing an end to a period of intense political speculation.

His declaration, made during a public address on Monday, follows days of uncertainty surrounding his tenure.

Earlier reports had hinted at Sanchez’s potential resignation amidst ongoing investigations into his wife, Begona Gomez’s alleged involvement in influence peddling and corruption.

However, Sanchez clarified that his contemplation of resignation was not driven by political strategy but rather by concerns over growing polarization and the dissemination of deliberate misinformation within the political landscape.

Sanchez passionately addressed the need to combat the degradation of public discourse, stating, “For too long, we’ve allowed toxic methods to corrupt our political and public life, methods that were unthinkable just a few years ago… Do we truly desire this for Spain?”

He emphasized his conviction, declaring, “I have acted with a clear determination: either we declare ‘enough is enough’ or allow this deterioration of public life to shape our future and condemn our nation.”

Sanchez’s choice to remain in office was significantly influenced by a strong demonstration of support at the Socialist Party’s headquarters in Madrid, where enthusiastic supporters passionately chanted, “Pedro, stay!” This outpouring of solidarity occurred shortly after the public prosecutor’s office recommended closing the investigation into Gomez.

Sanchez’s reaffirmation of his leadership role comes at a pivotal juncture as he gears up to guide his party through the upcoming regional elections in Catalonia on May 12.

The Socialists are poised to contest against the pro-independence factions currently holding sway, underscoring the significance of his continued leadership.

 

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UK Imposes Sanctions On Businesses Linked To Sudan Conflict

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Britain has taken a decisive stance against the escalating conflict in Sudan by announcing sanctions targeting businesses associated with the warring factions.

Since the outbreak of fighting between rival generals on April 15 last year, the situation has deteriorated drastically, resulting in thousands of casualties and forcing approximately 1.8 million people to seek refuge in neighboring countries.

Aid workers on the ground have painted a grim picture of the humanitarian catastrophe unfolding in the country, with civilians enduring starvation, sexual violence, ethnic killings, and executions.

The UK’s Foreign Office has underscored the severity of the situation, emphasizing that “strict measures” will be implemented, including asset freezes on companies with ties to the Sudanese Armed Forces (SAF) and its rival, the paramilitary Rapid Support Forces (RSF).

British foreign minister David CameronCameron said “We continue to see appalling atrocities against civilians, unacceptable restrictions on humanitarian access and an utter disregard for civilian life.

“The businesses that support the warring parties must be held to account, alongside those responsible for human rights abuses.  The world must not forget about Sudan. We urgently need to end the violence.

The sanctions target specific entities, including Alkhaleej Bank, implicated in financing the RSF, and Al-Fakher Advanced Works, a holding company facilitating gold exports for the organization, with proceeds funnelled into weapons acquisition.

Additionally, Red Rock Mining, known for providing funds to the SAF, faces sanctions. The company’s close ties to Defence Industries System, the economic and manufacturing arm of the SAF, further solidify its inclusion in the sanctions, as stated by the Foreign Office.

France, currently hosting an international conference on Sudan, is urging for aid contributions and heightened global attention to address what officials describe as a crisis overshadowed by ongoing conflicts in Ukraine and Gaza.

Will Carter, Sudan country director for the Norwegian Refugee Council, emphasized the dire conditions faced by civilians in the region, including starvation, widespread sexual violence, ethnic massacres, and executions.

According to the UN, over 8.5 million people have been displaced since the onset of the conflict.

The World Health Organization has issued warnings about the country’s collapsing health system, citing acute shortages of medical staff and essential medicines as pressing concerns.

 

 

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