NYC community college graduates are getting the first pay hikes of their lives.
According to the New York Post, about 25% of the roughly 2,000 graduates who graduated in the last four years will see their monthly payments rise to $7,200 by 2018.
The announcement comes after the NYCHA said that community college students had received a slight increase to their monthly pay.
“We know that many of you who are graduating in 2018 have not received the benefit of the NYCTA’s Community Pay Increase, so we are pleased to announce this new payment,” NYCHA CEO Kevin Murphy said in a statement.
This is the first time since 2008 that community colleges will begin to make significant pay increases to students.
In 2014, the NYCLU made a pay increase to all community college and graduate programs in the city.
Last year, the New Jersey State Senate approved legislation that would have paid the NYCS students tuition at no extra cost.
NYCCHA says the move is necessary to improve graduation rates and the quality of life for students who have to leave the community college system.
In its statement, the NYCCHA said it is grateful for the support the community has shown, and the NYCCA has been supportive.
According to a 2014 New York Times article, the city has one of the highest student debt loads in the country.
It’s unclear how the NYCCHA plans to pay for its increases, and Murphy did not respond to a request for comment.
There are several factors that have made it difficult for many community college grads to make ends meet, including the high cost of living in the New England region, rising tuition costs, and low state funding.
Some of the biggest costs are housing, transportation, and student loans, and many graduate students have to find work to make their way through college.
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