Why Bloomberg’s $1.8 billion Johns Hopkins donation won’t transform college affordability - Community College News Now
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Why Bloomberg’s $1.8 billion Johns Hopkins donation won’t transform college affordability



by Jillian Berman

With his $1.8 billion gift to Johns Hopkins University, Michael Bloomberg made the largest donation in history to a higher education institution and certainly the most high-profile gift directed towards scholarships in recent memory.

Still, the staggering sum is likely to only make a small dent in America’s college affordability problem.

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