New York lawmakers approve free middle class college tuition

Apr 13, 2017, 01:00
New York lawmakers approve free middle class college tuition

Between 1980 and 2014, the cost of college tuition increased almost 260 percent. "It's incredibly expensive and debt is so high it's like starting a race with an anchor tied to your leg". Students would be required to take 30 credits a year to maintain the scholarship, which would exclude part-time students. If they take a job in another state they must pay the money back as a loan.

However, a new initiative by the state could mean the rest of the sophomore's education costs him nothing at all, as long as he meets certain requirements.

Pell Grants and New York Tuition Assistance grants already allow for more than 60 percent of CUNY students and about half of full-time SUNY students to attend tuition-free college.

At an event in Rochester, Gov. Cuomo told reporters, "If you talk to middle class families in this state, the parents will tell you they worry about being able to pay for college". Additionally, the benefit does not cover room and board.

Tuition at State University of NY ost $6,740 for in-state students, while community colleges cost them $4,350.

Over the period of next three years the program will be rolled out in tiers and it to cover for only those students whose families income make less than $100,000. In 2018, the annual family income maximum will be raised to $110,000, followed by $125,000 in 2019, according to USA Today. Currently, the state's financial assistance cap is $80,000 and offers anywhere from $500 to $5,165 to students based on need.

Gov. Andrew Cuomo first introduced the plan in January, with lawmakers agreeing to include it in the state budget. The Governor's plan had fewer stipulations.

"Many of our students will transfer onto great private institutions".

NY is the first state to implement a tuition-free program for four-year public colleges.

He argues the free tuition through the Excelsior Scholarship program is not as robust as media reports make it out to be, and private schools recognize the need to make college accessible and affordable.

NY democaratic governor Andrew Cuomo on Monday announced that college education will be tuition free for students from middle-class background.

Currently, the average student loan balance for a NY graduate is $32,200, according to the Associated Press. "It was the Tennessee plan that led President Obama to propose in 2015 a state-federal partnership that would have made community college free in participating states", wrote Inside Higher Ed.