<p>Sorry, songman, I know you want to believe that the waitlist will open up this year at a much higher rate than in the past, but I don’t see that.</p>
<p>Greengecko was referring to individuals and whether they can pay because of current economic conditions. And as I said, the economy is probably doing better now than October through December of last year when everyone applied.</p>
<p>The powers that be at NYU have a pretty clear understanding of what their yield is, and since there was not a catastrophic occurrence prior to May 1, I’m sure they are not surprised by this year’s yield.</p>
<p>As for how NYU invests their endowment, I would imagine a good part of it is in NYC real estate, which never saw a particularly horrible downturn in 2008 and is now climbing again.</p>
<p>But good luck to all hoping to get in!</p>