NYU Medical School will offer free tuition to all students.

New York Times article

This is a spectacular thing in my eyes. Hopefully it will lead to an increase in new physicians deciding to work in primary care.

Also, it's nice to see that this can be done in the private sector with no government intrusion or tax payer money being used.

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In the field of medicine, schools have become worried that students saddled with steep debt are increasingly pursuing top-paying specialties rather than careers in family medicine, pediatrics and research.

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Annual tuition is roughly $55,000.

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N.Y.U. said that it had raised more than $450 million of the $600 million that it anticipates will be necessary to finance the tuition plan. About $100 million of that has been contributed by Kenneth G. Langone, the founder of Home Depot, and his wife, Elaine, for whom the medical school is named.

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