Tag: billion

$1 Billion Donation Will Provide Free Tuition at a Bronx Medical School

The 93-year-old widow of a Wall Street financier has donated $1 billion to a Bronx medical school, the Albert Einstein College of Medicine, with instructions that the gift be used to cover tuition for all students going forward. The donor, Ruth Gottesman, is a former professor at Einstein, where she studied learning disabilities, developed a […]

Biden Cancels $1.2 Billion in Student Loan Debt for 150,000 Borrowers

After the Supreme Court struck down President Biden’s plan to cancel billions of dollars in student loan debt, borrowers wondered how he would make good on his promise to tackle debt burdening millions of Americans. The answer: He would do it bit by bit. Mr. Biden on Wednesday canceled $1.2 billion in student loan debt, […]

Home Sellers Win $1.8 Billion After Jury Finds Conspiracy Among Realtors

A federal jury ruled on Tuesday that the powerful National Association of Realtors and several large brokerages had conspired to artificially inflate the commissions paid to real estate agents, a decision that could radically alter the home-buying process in the United States. The realtors’ group and brokerages were ordered to pay damages of nearly $1.8 […]

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