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Cornell's medical school debuts free education for students who qualify for financial aid
by Danielle Garrand
CBS News Translate This Article
17 September 2019
On 17 September 2019 CBS News reported:
Students may graduate medical school with a new title but often leave with something else: Massive student loans. Cornell University's medical school announced Monday [16 September] that won't be the case for many of its students because it's offering a free education to all who qualify for financial aid. The school isn't just covering courses, though. Future doctors who qualify won't have to borrow money for housing, books, food, or other related expenses either -- it's all covered by scholarships.
Global Good News service views this news as a sign of rising positivity in the field of education, documenting the growth of life-supporting, evolutionary trends.
The average debt owed by graduates in the 2018-2019 school year was $156,851, according to Jen Gundersen, a media relations manager for the school.
The scholarships were made possible due to a 'lead gift' from The Starr Foundation, which is directed by a member of the school's board of overseers, Maurice R. Greenberg, and donations from Joan and Sanford I. Weill and the Weill Family Foundation, as well as other donors. The donations totaled $160 million.
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