Cooper Union may charge tuition - Dallas News | myFOXdfw.com

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>>

  • A look inside the exclusive Beautique

    A look inside the exclusive Beautique

    Monday, July 21 2014 10:38 PM EDT2014-07-22 02:38:38 GMT
    Beautique is Midtown Manhattan's new celebrity hangout with a touristy address and locals-only feel.The upscale restaurant gives way to a luxe lounge. Everyone here looks like a million bucks and has a bank account to match. It's no wonder celebrities like Leonardo DiCaprio feel right at home.
    Beautique is Midtown Manhattan's new celebrity hangout with a touristy address and locals-only feel.The upscale restaurant gives way to a luxe lounge. Everyone here looks like a million bucks and has a bank account to match. It's no wonder celebrities like Leonardo DiCaprio feel right at home.
  • NYPD arrest suspect in police assault

    NYPD arrest suspect in police assault

    Monday, July 21 2014 10:03 PM EDT2014-07-22 02:03:14 GMT
    A suspect has been arrested on a charge of assaulting a police officer in Upper Manhattan. Police say the assault happened around 1:30 a.m. Sunday at The Clinton Houses at East 104th Street. They say the officer and her partner were patrolling the area when they came upon four people smoking marijuana.
    A suspect has been arrested on a charge of assaulting a police officer in Upper Manhattan. Police say the assault happened around 1:30 a.m. Sunday at The Clinton Houses at East 104th Street. They say the officer and her partner were patrolling the area when they came upon four people smoking marijuana.
  • Central Park bike rental war

    Central Park bike rental war

    Monday, July 21 2014 7:17 PM EDT2014-07-21 23:17:22 GMT
    A bicycle rental war is being waged in Central Park by Columbus Circle. Bike and Roll is a Parks Department-sanctioned bike rental with rental booths in the park complete with helmets and bouncer-size security guards. Bike and Roll's president says his employees are being threatened and harassed by non-licensed illegal vendors in the park while they hawk to tourists. The individual vendors, who appeared to be trying to rent out bicycles using pedicab licenses, were not friendly to us, either.
    A bicycle rental war is being waged in Central Park by Columbus Circle. Bike and Roll is a Parks Department-sanctioned bike rental with rental booths in the park complete with helmets and bouncer-size security guards. Bike and Roll's president says his employees are being threatened and harassed by non-licensed illegal vendors in the park while they hawk to tourists. The individual vendors, who appeared to be trying to rent out bicycles using pedicab licenses, were not friendly to us, either.
Powered by WorldNow

KDFW FOX 4
400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

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