July 30, 2021 By Allie Griffin
The City University of New York (CUNY) will wipe out the debt of 50,000 current students and recent grads who experienced hardships during the pandemic.
CUNY will erase as much as $125 million outstanding tuition and fee balances through the “CUNY Comeback Program,” CUNY Chancellor Félix Matos Rodríguez and Governor Andrew Cuomo announced Wednesday.
The program aims to remove financial barriers to education and economic mobility. Many CUNY students come from communities that were the hardest hit by the coronavirus. Students’ debt to CUNY nearly doubled during the pandemic.