Craig Newmark Donates $10M to Help CUNY Journalism School Become Tuition-Free

Craig Newmark posted an announcement last week on LinkedIn. 'Okay, my deal is that I'm contributing another $10 million so that the City University of New York journalism grad school can go tuition-free for half the student body next year...

'Tuition-free means more seriously good journalism education for students from all income backgrounds...'

More details from the Observer:
The New York City-based institution today announced plans to grow its endowment to $60 million by 2026 to cover the tuition of its full student body in perpetuity.

Founded in 2006, the Newmark Journalism School has long offered a public alternative to private, elite journalism programs across the nation, according to its dean Graciela Mochkofsky. 'After the pandemic, we realized that even though we were one of the most affordable schools in the country, we were seeing an increasing need from our students,' Mochkofsky told Observer. 'We started thinking about how to get to tuition-free....'

'One-time grants to schools and newsrooms are an important piece of the puzzle,' Newmark told Observer. 'But if we're serious about the future of trustworthy journalism as democracy's immune system, we've got to create ways to make the pipeline and product more resilient to economics and shifting moods. Endowments help do that....'

The Newmark Journalism School has been gradually inching towards free tuition for some time. Tuition was covered for 20 percent of students in the class of 2023, 25 percent of the program's current class and 35 percent of the new class being enrolled. If the school's goal of raising $30 million in the next two years is achieved, this figure will reach 100 percent by its 20th anniversary in 2026...
It is additionally fundraising for other initiatives related to research, faculty, facilities and new programs. Curriculums that reflect the emergence of artificial intelligence (A.I.) and the technology's effect on journalism are of particular interest.

Read more of this story at Slashdot.