- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: New York on verge of tuition-free college for middle class.
Posted on 4/8/17 at 6:36 pm to LSU1NSEC
Posted on 4/8/17 at 6:36 pm to LSU1NSEC
quote:Interested in seeing the statistics of families making less than $100K in NY State who actually have kids going to university. It's probably not that large a number, all things considered.
New York will be the first state in the nation to make tuition free at both two- and four-year public colleges for residents who earn up to a specific income cap, which will be phased in over the first three years.
Starting this fall, students who attend a State University of New York or City University of New York school will be eligible for the Excelsior Scholarship if their families earn no more than $100,000 a year. The income cap will lift to $110,000 next year and will reach $125,000 in 2019.
Those eligible will pay nothing for tuition, which costs $6,470 annually at four-year schools and about $4,350 a year at community colleges. But they will still be on the hook for the cost of fees and room and board if they live on campus. Those other expenses can add up to $14,000 a year.
After they graduate, students who receive the scholarship must live and work in New York for the same number of years they received funding. If they leave the state, their scholarship will be converted into a loan. This requirement was not included in the governor's initial proposal, which he announced in January.
Posted on 4/8/17 at 6:40 pm to Navytiger74
quote:It's a tiny number.
Interested in seeing the statistics of families making less than $100K in NY State who actually have kids going to university. It's probably not that large a number, all things considered.
Also, according to WAPO, this plan LEAST benefits the people who already receive the most aid, aka the poor.
Excerpt from WAPO article:
quote:
. But buried in the fine print of the $163 million plan are significant benefits to upper-middle-income families — those making up to $125,000 per year — while the plan does nothing for low-income students, for whom existing grant aid already covers tuition.
Sanders and Clinton proposed eliminating tuition while letting students keep their existing grant aid, such as the Pell grants received by low-income students. But Cuomo has proposed only covering the difference between tuition and students’ existing aid, meaning that those who get the most aid benefit the least from the proposal.
Popular
Back to top
Follow TigerDroppings for LSU Football News