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New York University announced today that it will provide all incoming medical students with full scholarship. The scholarships are intended to alleviate debt from medical-school loans, and to incentivize doctors to pursue critical specialties like primary care and research – which often pay less. The university has raised $450 million of the $600 million it needs to finance the scholarships “in perpetuity” and will also refund tuition payments and return loans that have already been paid this year.
