Monday, November 19, 2018

Michael Bloomberg: Why I’m Giving $1.8 Billion for College Financial Aid [nytimes]

"I am donating an additional $1.8 billion to Hopkins that will be used for financial aid for qualified low- and middle-income students.  This will make admissions at Hopkins forever need-blind; finances will never again factor into decisions."

https://www.nytimes.com/2018/11/18/opinion/bloomberg-college-donation-financial-aid.html

1 comment:

  1. Thanks, Mike, and bless you, but I think you may be underestimating the power of university administration to drive up costs. I like that sentiment behind "finances will never again factor into decisions", but "never" is a long time.

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