Latest news with #JohnBKingJr


Bloomberg
18 hours ago
- Business
- Bloomberg
Stocks Drop as US & China Trade Accusations; IATA AGM; OPEC+ Hike
US equity futures fall and the dollar weakens against major currencies as China and the US accuse each other of violating their trade deal. Aviation executives update investors from the IATA Annual General Meeting underway in New Delhi. Sharon Bell of Goldman Sachs says the weaker dollar has given European investors cause to invest in Europe instead of the US. Thierry Wizman of Macquarie Group discusses a change in the dollar's structural relationship to risk. John B. King Jr., State University of New York Chancellor and former US Education Secretary, says President Trump's attack on universities is concerning. (Source: Bloomberg)

Yahoo
17-05-2025
- Business
- Yahoo
SUNY announces free community college for adults over age 25 beginning this fall
New York's sprawling state university system will begin offering free community college access to adult students beginning this fall. State University of New York Chancellor John B. King Jr. said Friday that SUNY campuses are ready to launch Gov. Kathy Hochul's free community college program. The program was approved as part of the recently approved state spending plan for fiscal year 2025-26. Through SUNY Reconnect, starting this fall, community colleges across the state will provide free tuition, fees, books and supplies for adults ages 25 to 55 who don't already have a college degree or who want to pursue an associate degree in a high-demand field. 'I applaud Gov. Hochul for fighting tirelessly to advance higher education and affordability, and I thank the State Legislature for supporting this proven model to help unleash New Yorkers' full potential,' King said. 'The SUNY Reconnect program, launching for the Fall 2025 term, will help break barriers to a college degree and provide financial support and flexibility for adult students to enroll, and more importantly, to succeed through to graduation at one of our excellent community colleges.' Dozens of programs will be available among the 33 community college campuses in New York, including Clinton County and North Country community colleges. Eligible programs include associate degree programs in high-demand areas of advanced manufacturing; nursing and allied health; engineering; technology, cybersecurity, and AI; green jobs; and teaching pathways in shortage areas, according to SUNY officials. Community colleges will hold information sessions this summer to assist all who are interested in eligible degree programs. Information can also be found at this link: 'SUNY's community colleges have long been a source of opportunity for New Yorkers. Our campuses provide an excellent education with robust support and an academic curriculum that prepares students for success in the workforce and continued education,' SUNY Board Trustee Robert J. Duffy, Chair of the Community Colleges Committee, said. 'The Governor's free community college program will mean so much for adult learners and our campuses are ready to serve them today.' New York State Department of Labor Commissioner Roberta Reardon said, 'A skilled and knowledgeable workforce is essential to New York State's economic future. Offering free community college to adult learners will provide a gateway to new career opportunities in high-demand fields, and feed critical workforce pipelines,' New York State Department of Labor Commissioner Roberta Reardon said. The news comes just days after SUNY officials announced more than $3 million in new funding is coming to the three North Country SUNY campuses in the latest state budget. 'The SUNY Reconnect program will be instrumental in training people to work in high demand fields such as nursing and manufacturing, which is much needed in the North Country considering our bustling manufacturing industry and struggle to hire nurses' State Assemblymember Billy Jones said. 'This funding will also support our local community colleges and provide more educational opportunities for North Country residents, which will also help our regional economy.'