GREENVILLE, S.C. (AP) — The University of South Carolina School of Medicine in Greenville has received a $1 million gift to help train doctors.
The Greenville News reported (http://grnol.co/11cD3K4) the gift comes from retired businessman James T. Pearce Sr.
USC President Harris Pastides says the money will be used to help set up a $50 million endowment to pay for scholarships to help gifted students pay for their medical education.
The dean of USC School of Medicine-Greenville, Dr. Jerry Youkey, says the average medical student now graduates with $200,000 of debt.
Youkey says scholarship offers can help potential students make a decision about college.
Pearce considered medicine when he was at USC in the early 1940s, but ended up working for the family business, Pearce Young Angel, a wholesale food and beverage company.
Information from: The Greenville News, http://www.greenvillenews.com