for nyu to make tuition go away means that they are already having a large cost processing loans/grants/discounts along with the compliance costs for sallie ma

for nyu to make tuition go away means that they are already having a large cost processing loans/grants/discounts along with the compliance costs for sallie mae,etc. NYU is a PRIVATE university as well so they can be super selective in whom they accept - and now they become even more selective - admitting those with legacy contacts, etc. Finally, the truth is that they need warm bodies to run the hospital and if the cost of living in NYC is so high that nobody wants to do residency there (training after med school), then how are they going to get PCPs? They'll need to pay an arm and a leg to get them (dark pun?) By having a steady supply of med students who are already situated in NYC, they assure a steady supply of residency candidates.