How do people view NYU?

bluebayou
Thu, 02 Dec 2010 10:40:33 +0000

I would think that with a few billion dollars they could figure out financial aid.



Why should they?



I just can’t figure out how a school of its ranking hasn’t figured out how to manage its endowment so that it can give decent financial aid. Can’t NYU put its experts at Stern to work to figure that out?



Because they don’t have to. There are literally thousands of parents lining up every year, willing, ready and able to pay $55k/year so Johnny/Suzie can go to school in NYC, and in most cases, be less than a day’s drive from home. There are also plenty of full-pay internationals.

Sure, the reportable stats may take a hit if some middle-to-upper middle class students go elsewhere, but so what? Playing the stats game – essentially a $$ merit race with rankings competitors such as USC – requires BIG money. NYU has obviously decided it ain’t worth it.

As long as NYU is clearly upfront about not meeting full need, why should they?