NEW YORK (CBSNew York) – Mayor Bill de Blasio announced Thursday that New York City will launch an economic justice plan on June 17.
He calls for Universal Baby Bonds to create a scholarship account for each child in a public school. The program would start next year with kindergarten students.
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A CUNY scholarship fund would provide 2,800 4-year scholarships to black and low-income students.
A program with the Brooklyn Recovery Corps at Medgar Evers College would provide 200 students with paid internships and work experience.
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“Right now in America, the net worth of the average white family has increased by up to 10 times that of the average black family, and the answer is redistribution. The answer lies in focused and focused efforts to right the wrongs, ”said de Blasio.
The mayor said the city will celebrate June 10 tomorrow night at 6 p.m. at Saint Nicholas Park in Hamilton Heights.
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