How do people view NYU?

cobrat
Thu, 02 Dec 2010 22:29:24 +0000

bluebayou:

Perhaps NYU prefers to spend its resources on its grad division, particularly Law and Biz. On the Law front, NYU is a a friendly, but fierce battle with Columbia for top-dog in NYC and spends $$ on law programs accordingly.



Law schools…even top-tier ones tend to be cash-cows for most universities. Comparative to the costs of law libraries, faculty, educational discounted versions of legal research databases/software, and more…they’re making huge profits which go to subsidize the more capital intensive or less renumerative programs…such as medical schools, science/engineering programs, and academic PhD programs.

Only other programs which compare are stand-alone masters programs…including most MBA programs.



mom2collegekids:

That’s fine for those who are willing and able…those don’t qualify for FA.

The sad thing is when low income families and students sign up for life-choking big loans to go there…and then not be able to even finish there because they run out of borrowing power.
mom2collegekids is online now



Most low-income families like many high school classmates and myself turned down NYU admission offers because of this very issue.

Fortunately, for most of us…it wasn’t a hard decision as many were offered far more FA/scholarship money from more prestigious colleges such as the Ivies or the topflight SLACs. Hence the reason why NYU was known as a “rich kid’s safety school” among many of the students at my high school.

The ones who weren’t that lucky figured they’d attend state/city schools, excel, and then attend NYU or an Ivy for a graduate degree down the road.

Several classmates who did state/city schools for undergrad…later went on to NYU or more prestigious schools like Harvard for their MBAs, law degrees, or PhD programs.