By Dr. David Edward Marcinko MBA MEd CMP
I grew up in SE inner city Baltimore, Maryland and played stick ball in the parking lot of JHU medical school. And so, I was gratified to learn that it is about to get a lot cheaper—for many students at Johns Hopkins University, at least.
Thanks Mike Bloomberg. Be like Mike!
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The former New York mayor, entrepreneur, and 1964 John Hopkins alum Michael Bloomberg donated $1 billion to the university, according to Bloomberg Philanthropies and the university in a recent announcement. Starting this fall, tuition will be free for students coming from households that earn less than $300,000 annually, and the gift will also cover living expenses and other fees for students from families with less than $175,000 in annual income.
CITE: https://www.r2library.com/Resource
Financial access to medical school is a challenge for many students: The median debt for the class of 2023 is $200,000, according to the Association of American Medical Colleges. This cost can discourage students from attending medical school at a time when the US needs more physicians; the association predicted that there will be a physician shortage of up to 86,000 doctors nationwide by 2036.
READ: https://tinyurl.com/bd6sbmvj
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Filed under: "Doctors Only", Accounting, Career Development, Drugs and Pharma, Ethics, Health Economics, Healthcare Finance | Tagged: AAMC, association medical colleges, doctors, JHU, Johns Hopkins University, medical school tuition, medical students, mike bloomberg, physicians |















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