New York University - NYU - is one of the top universities in the world. Back in the 1800's, in New York City, Columbia was the best ( and only university ) around but it was for the elites, the wealthy, and men only. As a counter to this and to provide good education to the merchants, bankers, traders, artists, women and jews, NYU was founded in 1831. As the economy of NYC went, so did NYU. At first and for many many years, NYU was the school for the people, regardless of class, birth, status, you were admitted on merit. Still today these values stand and you may be admitted on these same qualities but you can't enroll unless you got the cash. A semester at NYU can be around $40K now. Yeah, yeah, it's in the city so we're paying for real estate.. yeah yeah... NYU produces so many lawyers and bankers so they should have a wealthy alumni... but how come alumni giving and the endowment is so low ( $2B ?... compared to Princeton like 40B over in NJ )... and what about NYU-ABD ? ABD as in Abu Dhabi. Yes, NYU President John Sexton is buds with the ABD Crown Prince so they decided to build a new campus out on a dessert island. Talk about elitism. What about - for the people ? Even in this weak economy, tuitions are still raising. So, who's gonna get a good education ? those that can afford it. Go CUNY !
Saturday, February 6, 2010
NYU... spells elitism...
New York University - NYU - is one of the top universities in the world. Back in the 1800's, in New York City, Columbia was the best ( and only university ) around but it was for the elites, the wealthy, and men only. As a counter to this and to provide good education to the merchants, bankers, traders, artists, women and jews, NYU was founded in 1831. As the economy of NYC went, so did NYU. At first and for many many years, NYU was the school for the people, regardless of class, birth, status, you were admitted on merit. Still today these values stand and you may be admitted on these same qualities but you can't enroll unless you got the cash. A semester at NYU can be around $40K now. Yeah, yeah, it's in the city so we're paying for real estate.. yeah yeah... NYU produces so many lawyers and bankers so they should have a wealthy alumni... but how come alumni giving and the endowment is so low ( $2B ?... compared to Princeton like 40B over in NJ )... and what about NYU-ABD ? ABD as in Abu Dhabi. Yes, NYU President John Sexton is buds with the ABD Crown Prince so they decided to build a new campus out on a dessert island. Talk about elitism. What about - for the people ? Even in this weak economy, tuitions are still raising. So, who's gonna get a good education ? those that can afford it. Go CUNY !
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