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The Conversation
The Conversation
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Amir Pasic, Lilly Family School of Philanthropy Dean and Professor of Philanthropic Studies, Indiana University

Mike Bloomberg’s $1B gift to Johns Hopkins will make med school free for most students – a philanthropy expert explains why that matters

Most medical students at the university will no longer pay tuition. AP Photo/Patrick Semansky

Mike Bloomberg, the media mogul and former New York City mayor, has given Johns Hopkins University US$1 billion to eliminate tuition for most its current and future medical students, the school and Bloomberg Philanthropies announced on July 8, 2024. The gift will also expand financial aid for students studying several other fields at Bloomberg’s alma mater. He graduated from the university in 1964.

Emily Schwartz Greco, The Conversation’s Philanthropy and Nonprofits Editor, spoke with Amir Pasic about this gift and its significance. Pasic is the dean of the Indiana University Lilly Family School of Philanthropy, the world’s first school devoted to research and teaching about philanthropy.

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