AristaCare Health Services’ Post

@Dr. Ruth Gottesman, a former professor, has donated $1 billion to a Bronx medical school, the Albert Einstein College of Medicine. @Dr. Ruth Gottesman, a former professor, has made an unprecedented impact on medical education by donating a staggering $1 billion to the Albert Einstein College of Medicine in the Bronx. This extraordinary gift comes with a unique directive—covering tuition for all future students. This transformative act of philanthropy is not only one of the most substantial donations to an educational institution in the United States but is believed to be the largest ever bestowed upon a medical school. Dr. Gottesman's benevolence paves the way for aspiring medical professionals to pursue their dreams without the burden of tuition costs. The Albert Einstein College of Medicine, known for its commitment to advancing healthcare and medical research, will now benefit from this remarkable infusion of funds, enhancing its capacity to nurture and educate the next generation of healthcare leaders. Dr. Gottesman's visionary contribution not only reflects her dedication to medical education but also sets a precedent for impactful philanthropy in the realm of higher learning. Her legacy will undoubtedly be woven into the fabric of medical education, fostering a ripple effect of positive change for years to come. Story Source: The New York Times #Philanthropy #MedicalEducation #AlbertEinsteinCollege #TransformationalGift #HigherEducation 🌐💉🎓

@Dr. Ruth Gottesman, a former professor, has donated $1 billion to a Bronx medical school, the Albert Einstein College of Medicine. @Dr. Ruth Gottesman, a former professor, has made an unprecedented impact on medical education by donating a staggering $1 billion to the Albert Einstein College of Medicine in the Bronx. This extraordinary gift comes with a unique directive—covering tuition for all future students. This transformative act of philanthropy is not only one of the most substantial donations to an educational institution in the United States but is believed to be the largest ever bestowed upon a medical school. Dr. Gottesman's benevolence paves the way for aspiring medical professionals to pursue their dreams without the burden of tuition costs. The Albert Einstein College of Medicine, known for its commitment to advancing healthcare and medical research, will now benefit from this remarkable infusion of funds, enhancing its capacity to nurture and educate the next generation of healthcare leaders. Dr. Gottesman's visionary contribution not only reflects her dedication to medical education but also sets a precedent for impactful philanthropy in the realm of higher learning. Her legacy will undoubtedly be woven into the fabric of medical education, fostering a ripple effect of positive change for years to come. Story Source: The New York Times #Philanthropy #MedicalEducation #AlbertEinsteinCollege #TransformationalGift #HigherEducation 🌐💉🎓

Medical School to Go Tuition-Free in New York with $1 Billion Donation A $1 billion donation by Ruth Gottesman, the widow of a Wall Street investor and former professor at the Albert Einstein College of Medicine, has made the New York medical school completely tuition-free for all students. This generous gift brings tremendous relief to aspiring doctors who were previously worried about affording the high costs of medical education. This donation will encourage more low-income and first-generation students to consider medicine as a viable career path. The school is located in an impoverished neighbourhood, so this gift is especially significant as it can attract diverse applicants from disadvantaged backgrounds. Officials stated that the lump sum should last in perpetuity as the interest earned will allow it to keep growing. While other medical schools have also benefited from large donations, this gift stands out for its potential to transform lives in the surrounding underprivileged community. For Students, this act of generosity has lifted a huge weight off their shoulders and brought joy to their families. Overall, this donation represents a monumental step towards making medical education accessible for aspiring doctors regardless of their financial capabilities. Stay ahead of the curve! Get the latest education & career updates on our website: https://lurnable.com #alberteinsteincollegeofmedicine #medicalstudies #medicalstudent #medicaleducation #medicalscholarship #medicine #studymedicine #underprivileged #scholarship #educationfunding #newyork #usa #education #career #futuredoctor

Revolutionizing Healthcare Education: Key Takeaways from Ruth Gottesman's Historic Donation! Breakthrough Philanthropy: Ruth Gottesman's $1 billion gift to Albert Einstein College of Medicine opens doors for future physicians by providing free tuition. Combatting Burnout: By relieving financial stress, this initiative supports the mental well-being and resilience of future doctors, fostering a healthier healthcare workforce. Diversity & Inclusion: Removing financial barriers promotes diversity in medicine, ensuring healthcare providers better represent and serve diverse communities. Sustainable Healthcare: Gottesman's donation isn't just about education; it's a game-changer for the sustainability of healthcare, empowering physicians to thrive and excel. Join the conversation as we celebrate this landmark moment in healthcare education and its ripple effects on the future of medicine! #healthcarerevolution #philanthropy #futureofmedicine

More should do this.

This is a monumental donation that will have a positive impact on countless lives. (however) This is really just Patients On GoFundMe taken to the extreme. A system that is reliant on the whims of benevolent billionaires is a disaster. We should obviously celebrate Ruth Gottesman being one of the good ones, but medical education in this country is accelerating into a crisis. You're probably not going to hear a lot about it in whatever passes for policy discussion this election year, but we need to radically expand educational opportunities across the clinical enterprise...in a moment where those jobs seem less attractive than ever and come with prohibitive debt obligations. It is time (or, past time) to totally rethink how we incentive people toward pursuing medical education. Or I guess we can just wait around for other nice billionaires. #medicaleducation

A billion-dollar gift just changed the future of medicine. Ruth Gottesman, a name now etched in the annals of philanthropy, has generously donated $1 billion to the Albert Einstein College of Medicine. This isn't just a donation. It's a monumental step towards free tuition for all students, forever. This act of kindness resonates with me deeply. As someone who believes in equal opportunities, Dr. Gottesman's commitment to opening doors for aspiring doctors is genuinely inspiring, regardless of their financial background. But there's more to this story. This donation targets the Bronx, a borough grappling with significant health disparities. Dr. Gottesman is creating a ripple effect by lifting the weight of medical school debt. One that will improve healthcare access for generations to come. Let's take a moment to celebrate this transformative act of giving. And let's envision a future where financial barriers don't limit the potential of aspiring medical professionals! Source: The New York Times (https://lnkd.in/dM6dxJrm) #medicine #philanthropy #education #equity #healthcare #medicalschool #alberteinstein #givingback #futureofmedicine #bronx

"By offering financial freedom to more students, schools can give medical students the flexibility to choose jobs in important but lower-paying fields like internal medical and pediatrics." I hope this is true, but given experience with free tuition to date in multiple settings, is there evidence it encourages greater proportions of graduating medical students to choose primary care or other workforce-gap specialties? These gifts are transformational, but a rational system would use them to incentivize development of physicians where the projected need is greatest. https://lnkd.in/g-gxDu2i #medicine #meded #philanthropy #workforce #healthpolicy

$1 Billion Donation Will Provide Free Tuition at a Bronx Medical School Ruth Gottesman, a long-time professor at the Albert Einstein College of Medicine, is making free tuition available to all students going forward. The 93-year-old widow of a Wall Street financier has donated $1 billion to a Bronx medical school, the Albert Einstein College of Medicine, with instructions that the gift be used to cover tuition for all students going forward. The donor, Ruth Gottesman, is a former professor at Einstein, where she studied learning disabilities, developed a screening test, and ran literacy programs. It is one of the largest charitable donations to an educational institution in the United States and most likely the largest to a medical school. The fortune came from her late husband, David Gottesman, known as Sandy, who was a protégé of Warren Buffett and had made an early investment in Berkshire Hathaway, the conglomerate Mr. Buffett built. The donation is notable not only for its staggering size but also because it is going to a medical institution in the Bronx, the city’s poorest borough. The Bronx has a high rate of premature deaths and ranks as the unhealthiest county in New York. Over the past generation, several billionaires have given hundreds of millions of dollars to better-known medical schools and hospitals in Manhattan, the city’s wealthiest borough. There are two areas where any government makes considerable investments. The country will move forward. And they are education & health. Any such initiative that will enable students of poor backgrounds to study medicine & help their people through their service is welcome. May her holistic initiative inspire others & the Almighty shower her choicest blessings upon this great lady.