Higher Education News | Week Ending February 14, 2020
| NYU’s Facade of Financial Support | NYU’s reluctance to help students in need of financial support is indicative of its continued culture of elitism among administrators and admissions officers. NYU is among the nation’s wealthiest universities, touting a $4.3 billion endowment. Sitting on this considerable wealth, it has been able to extend loans for its faculty to buy vacation homes, award its president with one of the highest salaries in the nation and further extend its global and local takeover through building yet another study away site and a $6 billion expansion plan to gentrify another 980,000 square feet of Greenwich Village. Despite this affluence, NYU has done little to help its low-income students.Continue Reading