- 1B in donations at 5% APR conservatively invested will yield 50M every year.
- At yearly tuition rate of 59K the earned interest is enough to pay for 850 students without drawing down the invested principal.
- Albert Einstein college of medicine admits about 150 freshmen every year and medical school is 4 years long. So at any given time there are 600 students studying medicine at this school.
It seems to me that simply earned interest on this donation should be enough to allow students to attend this school free of tuition indefinitely.
- At yearly tuition rate of 59K the earned interest is enough to pay for 850 students without drawing down the invested principal.
- Albert Einstein college of medicine admits about 150 freshmen every year and medical school is 4 years long. So at any given time there are 600 students studying medicine at this school.
It seems to me that simply earned interest on this donation should be enough to allow students to attend this school free of tuition indefinitely.