$1B gift to make Johns Hopkins medical school free for most

Billionaire Mike Bloomberg has donated $1 billion to Johns Hopkins University, making medical school tuition-free for most students and expanding financial aid for nursing, public health, and other graduate programs. The donation aims to address the shortage of healthcare professionals and the high cost of medical education, enabling more students to pursue careers in essential fields. Starting this fall, medical school students from families earning less than $300,000 a year will receive free tuition, with living expenses covered for those from families earning up to $175,000 a year. The gift is part of Bloomberg's ongoing support for higher education affordability, following a previous $1.8 billion donation in 2018 for undergraduate financial aid. The donation is expected to increase diversity among healthcare professionals and alleviate the financial burden on students, allowing them to focus on serving underserved communities. Bloomberg's philanthropic contributions to Johns Hopkins now total $4.55 billion, significantly impacting the university's accessibility and student body diversity.