Mega Gifts Are Funding University Tuitions. Which Students Do They Help?
The Chronicle of Philanthropy
APRIL 29, 2024
In 2018, Michael Bloomberg gave $1.8 billion to Johns Hopkins to enable academically qualified low- and middle-income students to attend his alma mater. The impact of this and other tuition-related gifts is becoming clear. By Stephanie Beasley Abaca Press/Sipa USA via AP Before Michael Bloomberg’s $1.8 billion gift to Johns Hopkins, the norm for a big higher education donation was about $100 million.
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