Michael Bloomberg, the former mayor of New York and one of the world's richest people, is donating $1.8 billion to his alma mater, Johns Hopkins University, in an effort to boost financial aid for low- and middle-income students.
The university said the contribution — the largest ever to any education institution in the U.S. — will allow Johns Hopkins to eliminate student loans in financial aid packages starting next fall. The university will instead offer scholarships that don't have to be repaid.
I'm a biomedical and electrical engineer with interests in information theory, complexity, evolution, genetics, signal processing, theoretical mathematics, and big history.
I'm also a talent manager-producer-publisher in the entertainment industry with expertise in representation, distribution, finance, production, content delivery, and new media.
View all posts by Chris Aldrich