Cooper Union may charge tuition - Fox 2 News Headlines

Cooper Union may charge tuition

Posted: Updated:
NEW YORK (MYFOXNY) -

The prestigious Cooper Union school in the East Village may have to end its tradition of allowing all undergraduate students to attend tuition free due to a budget deficit of $12 million a year. 

Cooper Union has allowed students to pay nothing to attend for the last 110 years. The school has funded operations with revenue from other assets. 

According to a report from The New York Times, the school borrowed heavily to invest in stocks before the market bubble burst, and has struggled with rising costs. 

The free tuition has allowed some of the nation's top art, architecture and engineering students to enjoy the best deal in higher education at Cooper Union. 

Cooper Union President Jamshed Bharucha told the Times there will be "tough decisions" ahead because "the model that has been in place cannot be sustained."

 

The Associated Press contibuted to this story

  • Manhattan NewsManhattan NewsMore>>

  • Dwayne Johnson hosts 'Hercules' screening for NYC children

    Dwayne Johnson hosts 'Hercules' screening for NYC children

    Thursday, July 24 2014 10:30 PM EDT2014-07-25 02:30:48 GMT
    When he's not slaying three-headed beasts with his olive-wood club, Hercules carves out time for the little people. Dwayne "The Rock" Johnson treated fans from the Harlem Boys and Girls Club and Big Brothers Big Sisters NYC to an advance screening of his new film. I caught up with the larger-than-life action hero after the big surprise.
    When he's not slaying three-headed beasts with his olive-wood club, Hercules carves out time for the little people. Dwayne "The Rock" Johnson treated fans from the Harlem Boys and Girls Club and Big Brothers Big Sisters NYC to an advance screening of his new film. I caught up with the larger-than-life action hero after the big surprise.
  • The Big Idea

    Making New York City more energy efficient

    Making New York City more energy efficient

    Thursday, July 24 2014 10:20 PM EDT2014-07-25 02:20:19 GMT
    More than half the population of New York City rides public transportation to work. No other metropolis in this country even approaches that percentage or the MTA's total number of riders. For that reason, New York likely ranks as the most energy-efficient city in the nation. But what would it take to make the city even more energy-efficient or even self-sufficient?
    More than half the population of New York City rides public transportation to work. No other metropolis in this country even approaches that percentage or the MTA's total number of riders. For that reason, New York likely ranks as the most energy-efficient city in the nation. But what would it take to make the city even more energy-efficient or even self-sufficient?
  • Manhattan nursery school's sanitizing machine keeps air clean

    Manhattan nursery school's sanitizing machine keeps air clean

    Thursday, July 24 2014 6:47 PM EDT2014-07-24 22:47:17 GMT
    All of us feel the same way about "cooties": Eww. At the Goddard School on the Upper West Side, a high-tech machine is keeping "cooties" out of the classroom. "This is the latest and then most effective sanitization method available today," says Bill Swan, the owner of the Goddard School. He purchased the ZONO Sanitech for his school about six months ago. The machine is the size of a double refrigerator and uses oxygen to kill viruses and bacteria.
    All of us feel the same way about "cooties": Eww. At the Goddard School on the Upper West Side, a high-tech machine is keeping "cooties" out of the classroom. "This is the latest and then most effective sanitization method available today," says Bill Swan, the owner of the Goddard School. He purchased the ZONO Sanitech for his school about six months ago. The machine is the size of a double refrigerator and uses oxygen to kill viruses and bacteria.
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices