CUNY Comeback Program’ Earmarks Funding to Eliminate Outstanding Balances Accrued During the Pandemic
One of the Nation’s Largest Student Debt Forgiveness Plans of its Kind, Enables Students to Push Forward in Pursuit of Educational and Career Goals
“Governor Andrew M. Cuomo today announced the CUNY Comeback Program, a sweeping plan to eliminate up to $125 million in unpaid debt for at least 50,000 students who attended CUNY and suffered financial hardships during the COVID-19 pandemic. The initiative is one of the nation’s largest student debt forgiveness plans of its kind. Additionally, students who did not accrue unpaid tuition and fee balances during the period but experienced financial hardship stemming from the pandemic will receive relief in the form of enhanced Student Emergency Grants. The CUNY Comeback Program will be funded through federal stimulus assistance allocated to CUNY”
Post by neverfstop on Jul 28, 2021 20:45:38 GMT -5
That's fantastic news, but also crazy that amount of debt was racked up since COVID started...or even if it was just the total amount owed by students enrolled during COVID.
ETA: that only works outs out to $2500/student, so that seems more reasonable