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> Only schools of value at NYU is medical, law, and film. So roughly 3,000 students. NYU has 26,000 undergraduate students--is this not of value? Seems like a very broad brush with which to paint the largest university in New York.
NYU is run like a business and for-profit. Undergraduate is mediocre at best for underperforming students.
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NYU is run like a business and for-profit. Undergraduate is mediocre at best for underperforming students.
NYU is literally a non-profit. What do you mean by "run like a for-profit"?
I've had plenty of friends attend there for grad and undergrad, and I also had the choice to attend for undergrad years ago, but decided against for the reasons above.
You'd be better off attending a regional program that is specialized in your disciple than NYU.
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NYU is literally a non-profit. What do you mean by "run like a for-profit"?
It's eye wateringly expensive because the mortgages is paying off mortgages for buying skyscrapers in downtown Manhattan in the 90s, despite have pretty crappy dorms and student facilities and they've been pushing BS cow master degrees that are in the $140-170k range for 2 years while diluting traditionally strong like Stern. And the exit opportunities aren't that impressive unless you attended Stern undergrad. I've…
At some point we do need to look at the hedge funds that have a school attached as well. The endowments at some of these universities is astounding.
Columbia offers admittance to fewer than 3% of the people who apply. More people than those admitted have the requisite grades etc to think they'd perform well at an elite school; why not offer more of the admittance and use the endowment to make it happen? Or, use the endowment to further lower the list price of the education (approaching $500k for 4 years)?
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It's eye wateringly expensive because the mortgages is paying off mortgages for buying skyscrapers in downtown Manhattan in the 90s, despite have pretty crappy dorms and student facilities and they've been pushing BS cow master degrees that are in the $140-170k range for 2 years while diluting traditionally strong like Stern. And the exit opportunities aren't that impressive unless you attended Stern undergrad. I've…
You're allowed to not like the school, but I don't think any of that amounts to operating like a for-profit organization.
Pedantry and HN - name a more classic combo
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You're allowed to not like the school, but I don't think any of that amounts to operating like a for-profit organization.
I agree it is not a for-profit institution, but I assume the commentator is using "for profit" in the colloquial manner for "non-profit that is charging exorbitant amounts". Pedantry and HN - name a more classic combo
"Their tuition is expensive" isn't a good reason to exclude them from the tax break. "They are abusing their non-profit status to basically operate as a for-profit corporation" would be a good reason, but I don't think it's true.
No -- these two targeted institutions shouldn't be taxed when other colleges and universities in the city continue to be exempt . That's not fair -- -- BUT, I think it's absolutely fair to keep tax breaks only for buildings used primarily for educational/research and related activities (like dorm rooms and student centers and research labs). Because if Columbia and NYU are investing in real estate as part of their en…
This is very true. NYU and Columbia should not be treated as not-for-profit because they’re not. And they also take money from sovereign and let them influence research and curriculum. They do not deliver the value even remotely commensurate with tax savings they enjoy. Especially NYU. Only schools of value at NYU is medical, law, and film. So roughly 3,000 students. They enjoy billions in tax savings and not even re…
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I agree it is not a for-profit institution, but I assume the commentator is using "for profit" in the colloquial manner for "non-profit that is charging exorbitant amounts". Pedantry and HN - name a more classic combo
I think the distinction is relevant if we're discussing whether they deserve non-profit tax breaks. "Their tuition is expensive" isn't a good reason to exclude them from the tax break. "They are abusing their non-profit status to basically operate as a for-profit corporation" would be a good reason, but I don't think it's true.
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This is very true. NYU and Columbia should not be treated as not-for-profit because they’re not. And they also take money from sovereign and let them influence research and curriculum. They do not deliver the value even remotely commensurate with tax savings they enjoy. Especially NYU. Only schools of value at NYU is medical, law, and film. So roughly 3,000 students. They enjoy billions in tax savings and not even re…
Uh, Courant?