Since its expansion and rise to the top of college rankings, cost of attendance at NYU has been a concern for students. Even more frustrating is the practice of raising tuition...
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.
The open suggestion box is a critical next step, not only for Hamilton’s affordability mission, but also his ongoing efforts to create a more transparent administration. But it remains to be seen how well the administration will respond.
Hamilton’s proposals set a good short-term precedent for his administration, but in light of Sexton’s leftover projects, the direction that Hamilton will eventually take the university is still unclear.
