Moral of the story: get rid of billionaires, and society could pay for free college for everyone who wanted it.

This is the best summary I could come up with:

A New York City medical school will offer students free tuition following a $1bn donation from the 93-year-old widow of a major Wall Street investor.

In a statement, university dean Dr Yaron Yomer said that the "transformational" gift "radically revolutionises our ability to continue attracting students who are committed to our mission, not just those who can afford it".

The donation "will free up and lift our students, enabling them to pursue projects and ideas that might otherwise be prohibitive", Dr Yomer added.

Her late husband, David Gottesman, founded a prominent investment house and was an early investor in Berkshire Hathaway, Warren Buffet's multinational conglomerate.

"I am very thankful to my late husband, Sandy, for leaving these funds in my care, and l feel blessed to be given the great privilege of making this gift to such a worthy cause," she added.

In an interview with the New York Times, she recalled that her late husband had left her a "whole portfolio of Berkshire Hathaway stock" when he died with the instructions to "do whatever you think is right with it".

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