Bloomberg Philanthropies says investment in low-income students fell short 

FILE - Michael Bloomberg announces his organization, Bloomberg Philanthropies, will give $600 million to the endowments of the four historically Black medical schools at the National Medical Association convention, Aug. 6, 2024, in New York

More than $140 million from billionaire Michael Bloomberg’s charitable programs have been spent getting talented low-income students into top colleges, but an analysis of those programs found they fell short of goals.

The Wall Street Journal took a look at the programs, their objectives, and how they haven’t led to the results Bloomberg Philanthropies wanted to see. (September 2024)