Glad to see higher education institutions offering free tuition to all of their students, regardless of their ability to pay. New York University just announced that all current and future medical students will receive a full ride. Woo hoo!
Most medical students graduate with about $180,000 in medical school debt, which means they’re paying around $1500-$2000 per month in student loans. When student loans are this high, many doctors choose more lucrative specialties, creating a shortage in lower-paying fields like primary care and pediatrics.
I hope to see more colleges offer free tuition to all of their students. Education benefits everyone. By making it more affordable, America will continue to be one of the few places on earth where anyone can become a professional and enjoy a successful career.