In spite of our small per-student endowment, NYU has managed to improve its academic programs, reputation and ranking; substantially increase scholarship aid; and take some important initial steps toward improving affordability.
The model of the large endowment as “intergenerational stewardship” is more noble and much more sustainable. But in order to attain this model, the administration has a long road ahead of it.
Incited to act by NYU’s systemic failure to reflect community demands, engage in meaningful discourse, uphold human rights, and maintain transparency, a growing group of students are in the process of forging an independent decision-making body led by students.
