A report released Thursday highlights the potential impact Gov. Andrew Cuomo’s free public college tuition proposal could have on New York’s independent and private colleges.
The Commission on Independent Colleges & Universities in New York estimated that 54,079 fewer students would enroll in the state’s private institutions if Cuomo’s plan is adopted. The organization also estimates that 44,693 jobs would be lost due to the student reductions and communities would lose more than $224 million in tax revenue because of the ensuing job cuts.
At private colleges in central New York, enrollment would decline by 4,067 students and 2,269 jobs would be cut. The surrounding communities would lose a projected $9.8 million in tax revenue, according to the study.