If a student's parents make less than $125,000 per year, and if they have assets of less than $300,000, excluding retirement accounts, the parents won't be expected to pay anything toward their children's Stanford tuition. Families with incomes lower than $65,000 won't have to contribute to room and board, either.
[...] there's something that every college could emulate about Stanford's policy: it's incredibly simple and straightforward. — vox.com
When CU’s board of trustees decided last year to start charging tuition, its chair Richard S. Lincer claimed that to do so was “the only realistic source of new revenue in the near future.”
The Attorney General’s office will be looking into the decisions that left the university in such a precarious financial situation [...]
It will also investigate the decision to start charging tuition itself, which was the subject of protests, demonstrations, multiple occupations, and, currently, a lawsuit — hyperallergic.com
Today the Education Department released long-awaited details on a plan to hold colleges accountable for their performance on several key indicators, and officials said they'll be seeking public comment on the proposals through February. [...]
Two other possibilities on the list for outcomes are grad-school attendance rates, and loan-repayment rates. That last metric has already been put into place as the "gainful employment rule" for for-profit colleges, which are suing to stop it. — npr.org
Slightly more than a year after the Cooper Union for the Advancement of Science and Art announced its plan to charge tuition, a group of professors, admitted students and alumni filed a lawsuit in New York State Supreme Court on Tuesday against the school's board of trustees.
The plaintiffs' aim: to stop the school from introducing tuition next fall and to prompt a court investigation into how the board has managed school finances. — online.wsj.com
[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...
The Working Group plan puts forward a number of recommendations that are worth pursuing under any financial model. However, we believe that the contingencies and risks inherent in the proposals are too great to supplant the need for new revenue sources. Regrettably, tuition remains the only realistic source of new revenue in the near future. — Richard S. Lincer, chair of The Cooper Union Board of Trustees
Below is the entire email announcing the Cooper Union's decision to start charging tuition this fall, breaking the school's 153-year tradition. Catch-up on the history behind the controversial move, explained in Archinect's 13 top issues of 2013: #5: Free Cooper Union To: The Cooper Union...
Students in the School Architecture, with support of Art and Engineering students respond to Cooper Union Board of Trustees failure to uphold the mission of their school through a collaborative intervention upon the School of Architecture Lobby, a white space famously designed by John Hejduk. The...
Officials at New York City's Cooper Union for the Advancement of Science and Art announced today that the school, famously free to students, will begin charging undergraduate tuition next year. — archrecord.construction.com
The new academic building was glamorous...a statement about just how far the Cooper Union for the Advancement of Science and Art had come, from its 19th-century origins as a charity for the poor to one of the most selective colleges in the nation. But that was before market convulsions shook the school’s finances, and before the truth about its dire budgetary situation came to light — New York Times
Twelve students barricaded themselves inside an eighth-floor room at the top of the Cooper Union Foundation Building at noon on Monday to urge the school not to begin charging tuition to undergraduates.
The school has not made a decision on charging tuition for undergraduates. But in April, it decided to begin charging tuition to graduate students for the first time in its 110-year history. — cityroom.blogs.nytimes.com
After months of agonized debate about its 110-year-old tradition of free education, Cooper Union will begin charging graduate students next year while maintaining, at least for now, its no-tuition policy for undergraduates, the college’s president said Tuesday. — nytimes.com
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