Michael Bloomberg is giving $100 million to help graduates of historically Black med schools pay off their loans

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Former New York City Mayor Michael Bloomberg is donating $100 million to the nation's four historically Black medical schools to help ease the student debt burden for the next generation of Black physicians.

The billionaire's charity, Bloomberg Philanthropies, announced the donation on Thursday as part of Bloomberg's Greenwood Initiative, which was created earlier this year to help address economic justice issues that have affected Black Americans since the abolition of slavery.The funds will be distributed to Howard University's College of Medicine in Washington, the Morehouse School of Medicine in Atlanta, Meharry Medical College in Nashville and the Charles R.

While the average White med student comes from a household that earns $175,000 or more, Hildreth said the average Black med student comes from a family with household incomes of $75,000 or less."There's a huge difference in the amount of support the families can provide," he added.Research also shows Black patients enjoy better overall health outcomes when they are treated by Black doctors.

 

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mikebloomberg Why not ALSO pay all fines, restitution and legal fees so those convicted of felonies in Florida can regain their right to vote?

MikeBloomberg 👍👍👍👍

This is racist.

Always liked him!

Absolutely fantastic!

I don't like Bloomberg, but, if his money is really going towards education and is not being used for self agrandizing propaganda, I'm good with it. The proof is in the 'we'll see'.

Wow. What a cuck

Yes and if the Democrats take over then they’ll be no money to pay for the medical help the doctors with making 300 a month for hundred a month 1200 a month depending that’s what third countries are paying their doctors teachers lawyers whatever they don’t have freedoms’s

Bloomberg always has been brain dead do you think money can buy him the election

'Wish Bloomberg had helped us' they said.

Yes to all who supports family and there kids .I love you .

How about mine?

I hope they know who’s black and who’s not.

Dec 2019 President Donald Trump on Thursday signed a bipartisan bill that will permanently provide more than $250 million a year to the nation’s historically black colleges and universities, along with dozens of other institutions that serve large shares of minority students.

Good.

I was born at Meharry Hospital...at one time that one school provided 25% of America's Black physicians. This doesn't make up for his support and ownership of stop & frisk, but the money will go far.

Thank you for supporting the Black Colleges.

And it’s not enough. It will never be enough.

Finally a useful purpose for his money.

👍

Good. That midget needs to use his money to help more Americans in need but kudos for this act of generosity.

What took him so fucking long? If black lives really mattered to BLM they wouldn't have had protests but donation drives to collect to send inner city black children to decent high school, colleges and trade schools. Hell, Republicans would joined in.

Now, that is how you help the disadvantaged.

How is this not racist? You get money because of the color of your skin? How about putting the 100M into the hands of deserving people no matter what their color. If a billionaire said he was giving 100M to white/Latinos/Asian students only people would go nuts.

Why are there even black medical schools. There should just be medical schools. Stop reverse segregation. Period

Thank you Sir.

NYC NewYork

we also need nurses! Yes, more Dr's is wonderful, but please dont forget the back bone of the medical community. Our wonderful NURSES!

Support us 😃

Hey sir I am a Hispanic male with 40k student loan debt, I am a legal studies graduate from UCF. will you help me?

Sounds racist.

That doesn't come close to covering the injury caused by Stop and Frisk

Little late, aren't you MikeBloomberg? HBCU wont have to come begging to the DemocratPlantaion anymore.

What a good hearted philanthropist!!! 😜

What about his pledge to fund the Democratic nominee

Isn't that racist?

Nice start for Bloomberg. Here’s another way beyond that he can help. Pay the rents for people about to be evicted that are jobless because of this pandemic.

YES! Thank you. Billionaires, Mike has made you all look bad. What schools do you support?

Well, guess I'll have to be in debt for 20+ years now due to high interest and Congress not doing anything to keep that interest rate low after I graduated.... Thanks, Bloomberg. How about go on the radio again and speak with the worst Spanish pronunciation I've heard again?

A true humanitarian

Awesome

He is still testing negative for president 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Blood money

yungenladen chaser neo nihilizer threaten from more weeks, supposed major, Notaries and govern off and illegal police, with medc code question, Budapest

lifesafeast Good start. Now let’s reform the system that _creates_ student debt.

while I really love and appreciate this, did anyone ask him about the promise to give money to Biden's campaign ?

That's good. And, hire their students when they graduate.

WHAT A RACIST THING TO DO. THAT'S WHAT DIVISION REALLY IS.

Mike puts money where his mouth is.

If billionaires were fairly taxed his capricious largesse just might not be necessary. Just saying.

He says he’s going to do things that sound good in the moment. When’s he going to cough up the dough he said he would to support the democratic presidential nominee? Unless I’m totally out of the loop and someone knows differently? I’d be happy 2Bwrong.

Don’t forget the Latinos, Asians and Native Americans just to name a few. Guess the squeaky wheel gets the oil.

Nice. Now that’s what you do with your money! It’s like manure, it does no good in less you spread it around.

And your point is?

What a great gesture. But as with any substantial gift to any college, you don’t need to just shovel money to them expecting human beings to do the right thing w/it. You earmark and monitor because, oftentimes, the money never aids the students, or relieves them, as supposed.

Blm

If he did this quietly he cares about them. Whoops

So, the aid is race based? It's his $, he can do what he wants. Would he have the balls to give $ to other medical schools to ease the financial burden of future White doctors? No, because that would be considered racist.

That’s really nice of him.. but just like affirmative action, this only enhances race. Can’t defeat racism with racism peeps

I knew I didn’t miss judge the heart of this man.

God bless you!!!

Save some for the huge malpractice insurance premium increases and massive settlement payouts.

He’s a racist virtue signaler.

Accordingly to NYGovCuomo these students are going to need to bring an army to safely navigate the streets of NYC to get to class at the medical schools. Why not use some of the money to help looted businesses, clean up the filth, protect the citizens from violence, etc? 🤔

Well on another note , StevenTaylor was unjustly murdered by a cop who only got MANSLAUGHTER? Hit this link and hear what happened. Appreciate the time .

TY. Don't care who you are, that's a lot of help to a lot of people. God bless!

Not a fan of Bloomberg, but he has the right to wipe his rear end with his money if he wishes. If donating to traditionally black medical schools is what he wants to do with it that is his right. A pretty damn good spend IMO.

Brilliant, but America ought to have a fair tax system in stead of needing to rely on the goodness of the few.

I’d say that’s fair but he must also donate to other medical teaching facilities!

As nice as it is, he should fix the system instead of just handing out money. There will be other students that will fall into the same trap in the future.

You are a great person and you have made so much and you have the heart to share with the unfortunate. You have a great heart ❤️ keep it up this is how people uplift others .

Thank you MikeBloomberg Philanthropist

While this is great and admirable, our daughter is a nurse working during the pandemic with 100,000 in nursing school debt.

Nothing For LGBT And Brown People 😠

Not endorsing this ... what about white gays, those from South America, Asians and Muslims ... PR spin from where I am standing. I never judge anyone and look to what stands beneath ... don’t put people in buckets 🦋🦋

Now MikeBloomberg should fund a voter turnout drive in a battleground state. But good for him.

Wow

What are the strings attached?

Ouch, donating to Segregated Schools?

5 times less than he spent win American Samoa and 2 debate appearances

This is beautiful. I wish people would invest into black neighborhoods so that more kids can reach medical school. Hell, so more black kids can become adults.

Student debt is really a doozie!

Donald Trump a man who cheats or tricks someone by gaining their trust and persuading them to believe something that is not true. A great Con-Man but terrible president Vote2020 BlackWave BrownWave WhiteWave BlueWave

Wow excellent, God bless

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