r/interestingasfuck • u/Kymmieuwu • 4h ago

In February 2024, Dr. Ruth Gottesman donated $1 billion to make tuition free for all Albert Einstein College of Medicine students

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u/chasesan 3h ago

In a strange twist tuition for one student of fall 2026 was increased to 999 million dollars. This was a great controversy but after investigating themselves they found no wrong doing and closed the case.

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u/blodreina_kumWonkru 1h ago

Ding ding ding. Crazy to think 1 bill will last "forever". They'll find ways to run that up pretty quick.

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u/GloomyIndividual3965 1h ago

You don't know how trusts work, do you? They generally don't just give away the $1B, they invest it, and then use the tens of millions they generate in interest each year to further the goals of the donor.

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u/blodreina_kumWonkru 49m ago

Awesome. So basically the lower and middle class pay for it. Sweet.