Why New York’s ‘tuition-free’ colleges will still cost $14,000 | Money CNN


Governor Andrew Cuomo is pushing to make New York the first state in the country to adopt a tuition-free plan at both two-year and four-year public colleges.

The Excelsior Scholarship aims to make college more affordable for middle-class New Yorkers by lowering the cost and encouraging students to finish their degrees on time.

“A college education is not a luxury — it is an absolute necessity for any chance at economic mobility,” Cuomo said when the plan was announced.

But “tuition-free” isn’t the same as free.

Though Cuomo’s plan would lower a student’s total bill by up to about $6,000 a year, it could still cost them $14,000 for fees and room and board.

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