Posted on 04/09/2017 7:32:41 PM PDT by BAW
New York would be the first state to make tuition at public colleges and universities free for middle-class students under a state budget set for passage in Albany.
The plan crafted by Democratic Gov. Andrew Cuomo would apply to any New York student whose family has an annual income of $125,000 or less. To qualify the student would have to meet certain class load and grade point average restrictions, and room and board would not be covered.
Cuomo said Sunday that the tuition plan, which his office has estimated to cost $163 million, is a national first.
(Excerpt) Read more at kansas.com ...
Remember the government spending law of 10’s: Any government project will cost 10 times as much as originally estimated.
Corollary- this applies to any revised estimates too.
$163 million does not even cover the bureaucracy this will need to have.
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