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Great idea. This way parents don't have to save for college for their children like we did. They can spend that money on new cellphones, level up their cable package, buy a new car every five years instead of ten and buy little Sarah and Liam new $400 Uggs and $300 Air Jordans. Who needs fiscal responsibility anyway when the govt knows what's best for us.
It sounds good in theory but where is the money supposed to come from? New York State is already one of the most highly taxed states and there are a million other things we could spend the money on.
Having said that, I am glad that SUNY colleges are pretty affordable compared to most other colleges.
I think the article I read said most families earning less then 75k was already attending cuny for free. So this helps the income bracket of 75-100k families.
Honestly, I came from low income so tap&pell paid for my cuny education in the early 90s. So who am I to complain.
It would be nice if they just forgive the loans of people who finished the degree with a good B average. Rather then just make it free with no academic requirements/expectations. .
I think the article I read said most families earning less then 75k was already attending cuny for free. So this helps the income bracket of 75-100k families.
Honestly, I came from low income so tap&pell paid for my cuny education in the early 90s. So who am I to complain.
It would be nice if they just forgive the loans of people who finished the degree with a good B average. Rather then just make it free with no academic requirements/expectations. .
The plan is to cover to $125K. Nice for low to middle income families (if it's a single metric statewide even better for those upstate) but not so nice for those working couples who earn more and now will face higher tuition bills (due to demand) and higher taxes (due to paying for others). As with most other NY gimme programs it will also probably waste money for little return.
Cuomo's hoping this Bernie-lite proposal gains him popularity with the younger voters. 165M first-year price tag if it passes into law. Increasing state taxes to pay for this will not be popular so look for him to explain where he will carve out this sum.
Might make some of the more selective SUNY's (Stony Brook, Binghamton, etc.) even more competitive for admission.
Of course 6.5K 'tuition' is a small portion of the annual all-in costs (25K) for resident students.
Last edited by Quick Commenter; 01-05-2017 at 05:10 AM..
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