Barnard v Columbia

DigitalDad
Fri, 31 Dec 2021 19:32:22 +0000

circuitrider:

If a college with Barnard’s assets were located in Western Massachusetts, it would be in a constant state of financial distress

Almost reversed: It’s actually Barnard that’s supporting the University’s budget, by paying Columbia millions annually in contracted sharing fees.

This dates back to the 70s when Columbia was in financial difficulty and thus sought to absorb Barnard’s assets. For several years the University applied leverage in various areas (such as personnel, salary, tenure), hoping to entice Barnard’s trustees to approve a merger, but ultimately Barnard realized they had much bigger potential by maintaining organizational independence as a women’s college.