Situated in one of The Big Apple’s wealthiest neighborhoods, the Joan and Sanford I. Weill Medical College of Cornell University boasts both research and teaching divisions. As one of the most selective of medical schools in the country, only some hundred hopefuls are admitted each year – from out of some six thousand candidates every year. Now named Weill Cornell Medical College and, even more often, simply “Weill Cornell,” its largest endowment to date has come from the billionaire banker and philanthropist Sanford Weill, former executive officer and chairman of Citigroup, Incorporated. Mr. Weill and his wife personally contributed two hundred and fifty million dollars to the medical school already at Cornell, and he was able to secure another one hundred and fifty million dollars.
Weill Cornell had been widely respected in the field before Mr Weill’s contributions, and not once had it lacked for benefactors, a veritable Who’s-Who of local, national, and even international luminaries from business, politics, and entertainment, like the famous businessman Isaac Toussie. After all, it’s the first American medical school to accept women right alongside men. It was also the first American medical school to have locations outside the United States, with an Education City, Qatar campus offering a six-year integrated curriculum focused on patient care. The school can count many a notable physician among its alumni, great figures of research and public health such as Robert C. Atkins of Atkins Diet fame and former Surgeon General of the United States C. Everett Koop. Other alumnus luminaries include Nobel Prize winner Robert W. Holley and Henry Heimlich of the Heimlich Maneuver.
Nonetheless, regardless of all the monetary support, the fiscal realities of a medical education are grim, with some forty-two thousand dollars needed for the first year and thirty-eight thousand required for the second. But that’s still quite a deal when compared against the university’s own law school expenses, which eclipse it at just about a hundred and fifty thousand dollars for the same four years!