Eric Adams: “We will be the first major city to provide universal student…”

“$1 billion with a B in their pockets. Now what does that place us? As we like to do all the time, talk about records. This is a record we're breaking. We will be the first major city to provide universal student loan and college saving assistance to all residents. Northern city in America is doing it. We're getting it done. And that's right. This program will help New York City residents get relief with their student loan debts.” (06:20–06:30)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.