[Cooper Union], which announced last April that it would charge undergraduate students tuition for the first time, released figures on Friday that showed overall applications were down this year by just over 20 percent. [...]
The new figures indicate that the admission rate nearly doubled, from 7.7 percent last year to 14.4 percent this year, which still places Cooper Union among the most selective schools in the country. — The New York Times
The freshmen class of Fall 2014 will be the first in Cooper Union's history to pay tuition. It remains to be seen whether Cooper Union's reputation overtime will falter, as quality considerations are matched against tuition rates and student debt, and students are given fewer options to pursue affordable education.