Maeshima hiroki via Wikimedia Commons(CNN) - Cornell University had a life-changing announcement for its medical students.
Weill Cornell Medicine said Monday it would eliminate medical education debt for all students who qualified for financial aid, starting with the students that entered the program this fall.
More than half of the program's medical students received need-based scholarships, Cornell said, to cover the cost of attendance -- which is about $90,000 per year.
The average student debt for medical students last year was a little more than $196,000, the Association of American Medical Colleges estimates.
Even a private citizen stepped up to alleviate some of the financial stress college students are facing today.