this post was submitted on 08 Jul 2024
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Most medical students at Johns Hopkins University will no longer pay tuition thanks to a $1 billion gift from Bloomberg Philanthropies announced Monday.

Starting in the fall, the donation will cover full tuition for medical students from families earning less than $300,000. Living expenses and fees will be covered for students from families who earn up to $175,000.

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[–] nifty@lemmy.world -5 points 4 months ago* (last edited 4 months ago) (9 children)

It’s insane making tuition free for medical students, who have the best chances of stable employment and increasing wage growth over the years after graduation. Make tuition free for humanities students instead

Edit: drs have lots of flexible income

Here’s some data though: https://www.collegesimply.com/colleges/maryland/johns-hopkins-university/salaries/

Median US physician salary: https://physiciansthrive.com/physician-compensation/doctor-median-pay/

So this $1B gift to make med school free for people who wouldn’t have had issues paying it off sounds like tax cuts for the rich…

[–] boonhet@lemm.ee 2 points 4 months ago

So and so.

This could be a vehicle for a lot of people who don't come from a great financial background and don't want to take loans without knowing if they'll even be able to graduate because they'd likely need to work through school, to get an education that lifts themselves and their families to a higher socioeconomic class.

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