“This is going to be a huge game-changer for us”
Doesn’t this just prove that the government doesn’t need to be involved in providing ‘free’ college?
The Washington Examiner reports:
New York University has raised $450 million to fund full-tuition scholarships for all medical students
New York University said on Thursday that it plans to pay for all medical student tuition, regardless of financial situation.
The university is the first major medical school to do so, according to the Wall Street Journal, and has raised over $450 million of its approximately $600 million goal for the tuition package. The move is motivated by a concern for a lack of researchers and primary care physicians, as high tuition costs and loan balances are causing doctors to pursue higher-paying fields.
The school is going to cover tuition for 92 first-year students and 350 who have already completed part of the program, in addition to refunding out-of-pocket tuition payments that were already made and returning loans already that were already taken out for the coming year, according to the Journal. Ten students who are attending through M.D./Ph.D. programs already have their tuition covered.
“This is going to be a huge game-changer for us, for our students and for our patients,” said Dr. Rafael Rivera, associate dean for admission and financial aid.
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