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Bloomberg gives Johns Hopkins a record $1.8 billion for student financial aid
Former New York mayor Michael R. Bloomberg announced Sunday he is giving a record $1.8 billion to Johns Hopkins University to support student financial aid at his alma mater and make its admissions process “forever need-blind.” The gift, believed to be the largest private donation in modern times to higher education, is a landmark in a growing national movement to make elite universities more accessible to students from low- to middle-income families.
aid should always be "need based" from a financial standpoint. it should never be based on any other criteria.
on the other hand admissions should be based on merit. donations or lack there-of is not going to fix this problem, which can make it all the way to the white house.
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on the other hand admissions should be based on merit. donations or lack there-of is not going to fix this problem, which can make it all the way to the white house.