Chandrika and Ranjan Tandon's donation to NYU, despite sudden name change, should not be spurned. Pushback to the name is ultimately an overreaction in comparison to the good the money will do.
New data shows students from low-income families graduate from NYU saddled with huge federal loans while the university spends its billion-dollar endowment on expansion.
Given that NYU's alumni networks consistently rank on top 10 lists of "universities with richest alumni," there's no good reason to ask current students to donate to financial aid funds (except possibly mismanagement). Also, NYUers graduate with astronomical amounts of debt.
