NY - Albert Einstein College of Medicine students shocked to hear their school will now be free, thanks to historic $1B donation, 26 Feb 2024

[imstilla.grandma]

A video from Monday’s announcement shows an auditorium full of students jumping and cheering at the news, with many even shedding tears.

Current fourth-year students will be reimbursed for the spring 2024 semester, and beginning in the fall, tuition will be free for all students.

Ruth L. Gottesman, Ed.D., Chair of the Einstein Board of Trustees and Montefiore Health System board member, is behind the massive donation.

Medical students shocked to hear their school will now be free, thanks to historic $1B donation

Students at a New York City medical school will never have to pay tuition again after a board of trustees member made a historic $1 billion donation.

www.cbs7.com

 

[meanmaryjean]

Hopefully being relieved of the crushing weight of student loan debt will free some of these future physicians to enter primary care riles in undeserved and rural areas.

 

[imstilla.grandma]

Hopefully being relieved of the crushing weight of student loan debt will free some of these future physicians to enter primary care riles in undeserved and rural areas.

Our state pays for rural students’ medical degrees if they agree to return to the same rural area to practice once graduated and licensed. Win-Win!

 

[bettyboop]

@imstilla.grandma , Thank You for the thread!! This is so inspiring! 1BILLION DOLLARS!!! I'm not in college, and I don't
know anyone at this particular school, but even I'm excited!!!
Wow, the current students must be floating on air, and their parents as well. Remarkable.

 

[imstilla.grandma]

Albert Einstein College of Medicine | Medical Education | Biomedical Research

einsteinmed.edu

Montefiore's Albert Einstein College of Medicine Announces Free Tuition in Perpetuity for All Medical School Students | Albert Einstein College of Medicine

Albert Einstein College of Medicine announces free tuition in perpetuity for all medical students.

einsteinmed.edu

 

[BeginnerSleuther]

Hopefully being relieved of the crushing weight of student loan debt will free some of these future physicians to enter primary care riles in undeserved and rural areas.

Student loan debt isn't really the reason doctors don't go to rural areas. If in private practice and you bill insurance, insurance pays the same no matter rural or city. If working for a health system, rural areas pay a lot more than cities and there are also loan forgiveness programs for those working in rural areas.

The problem with rural areas is that there aren't enough patients for specialists and if you're in primary care you're the only game in town which means it's common to get patients with illnesses outside your scope of practice that you're forced to treat because the patient can't get to a specialist. If you're the only primary care provider there, what happens when you go on vacation? What happens when you have enough patients and want to close your slots? If you can't find a nurse, who does vitals and blood draws? The doctor can, but it's not the most efficient use of time. Lots of logistical issues.