A Major Booster Shot of Funds for HBCU Medical Schools

Michael Bloomberg, high-tech mogul, former mayor of New York City, and a Democratic candidate for president in 2020, has pledged to donate $100 million over the next four years to the nation’s four historically Black medical schools. The institutions benefiting from the donation are Howard University College of Medicine in Washington, D.C., Meharry Medical College in Nashville, Tennessee, Morehouse School of Medicine in Atlanta, and the Charles R. Drew University of Medicine and Science in Los Angeles.

Bloomberg announced the donation in an op-ed on CNN.com. “Black patients overall have better outcomes when they are treated by Black doctors,” Bloomberg wrote. “Black doctors are also more likely to practice in communities where the lack of access to quality care – including preventative care – is most acute. In other words: If we had more Black doctors, we would save more Black lives.”

Students at these medical schools will be eligible for scholarships up to $100,000. Almost every student in financial need at these schools will receive a scholarship.

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