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<\/p>\nDr. Ruth Gottesman is a former professor at Einstein University in the Bronx. Having recently lost her husband, she made a generous contribution to cover tuition for students attending the Albert Einstein College of Medicine.<\/p>\n
Covering Tuition<\/p>\n
Dr. Ruth has a history of achievements at Einstein, dedicating years of her life to the institution. She took a job in 1968 as \u201cDirector of Psychoeducational Services,\u201d eventually becoming the chair of the board of trustees. She studied learning disabilities and even developed a screen test. However, none of her deeds are seemingly more incredible than her decision to donate $1 billion to help cover tuition fees for future students. It is one of the largest donations ever made to a U.S. school, and likely the largest ever made to a medical university.
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She lost her husband David Gottesman, affectionately known as Sandy in 2022. The 96-year-old had done some incredible things in his lifetime, including bestowing his wife with a gift that she generously passed along to help students cover their tuition. \u201cHe left me, unbeknownst to me, a whole portfolio of Berkshire Hathaway stock,\u201d she recalled to the New York Times. \u201cDo whatever you think is right with it.\u201d<\/p>\n
Poorer Schools Need more Assistance<\/p>\n
Although the grieving wife took some time to mourn, her children encouraged her not to wait too long. Incredibly, her generous decision will not only change the lives of students but change the lives of students in serious need of an extra boost. The Einstein School of Medicine is located in the Bronx, the city\u2019s poorest area, raking the \u201cunhealthiest\u201d county in New York.<\/p>\n
Sadly, most donations are made to wealthier schools like those in Manhattan. As a result, many students attending Einstein University have less resources available to them than those in Manhattan, as well as the financial ability to invest into their futures. About 60 percent of students at Einstein are women. Around 48% are white, while 29% are Asian. Hispanics and Blacks make up only a small percentage of less than 20, combined.<\/p>\n
\u2018Sandy\u2019 ran an investment firm, making an early investment in Berkshire Hathaway. This decision set himself and his family up with an abundance of wealth. Now, his widow has chosen to do something incredible with some of the assets he left behind. \u201cI wanted to fund students at Einstein so that they would receive free tuition,\u201d she said. \u201cThere was enough money to do that in perpetuity.\u201d
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Tuition Costs are at an All-Time High<\/p>\n
Tuition is skyrocketing, as is the cost of everything else. Many medical students leave school with debts of around $200,000. However, at other New York schools, the debts were much lower, with fewer than 25% of students owning that much. Although doctors make great money, the cost of their schooling alone is enough to prevent someone with fewer resources, from being able to attend. Ruth\u2019s incredible donation will cover tuition for countless students, allowing for those from struggling families, to reach for their dreams.<\/p>\n
\u201cWe have terrific medical students, but this will open it up for many other students whose economic status is such that they wouldn\u2019t even think about going to medical school,\u201d she said. \u201cThat\u2019s what makes me very happy about this gift.\u201d Dr. Ruth has become friends with Dr. Philip Ozuah, a pediatrician who oversees the college, as well as the Montefiore Medical Center. As their friendship blossomed, so too, did the opportunity to collaborate on something incredible.<\/p>\n
\u201cI have the opportunity not just to help Phil, but to help Montefiore and Einstein in a transformative way \u2014 and I\u2019m just so proud and so humbled \u2014 both \u2014 that I could do it.\u201d
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