Why Bloomberg’s $1.8 billion Johns Hopkins donation won’t transform college affordability
November 20, 2018 |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.
