San Francisco’s mayor announced Monday that the city would make college education free to all of its residents through the City College of San Francisco.
The agreement, made possible through a tax on properties sold for at least $5 million, is expected to begin next fall.
“To California residents who are living in San Francisco, your community college is now free,” Mayor Ed Lee said.
Any San Franciscan who’s lived in the city for at least a full year will be eligible, regardless of income, the San Francisco Chronicle reported. Supervisor Jane Kim edlikened the agreement to public schooling for K-12 students, saying that City College would be free to all, too.
“Even the children of the founders of Facebook,” Kim said. Here’s how the deal works:
San Francisco voters approved a transfer tax last November. Through that, the city plans to provide $5.4 million annually for qualified students to cover the $46-per-credit fees they typically pay, according to the…