Cooper Union may charge tuition - FOX13 News, WHBQ FOX 13

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>>

  • Cocktails with Moses Laboy

    Cocktails with Moses Laboy

    Friday, August 29 2014 10:49 PM EDT2014-08-30 02:49:46 GMT
    Mixologist Moses Laboy came to Friday Night Live to mix up some cocktails to get us started on the holiday weekend. Born and raised in Spanish Harlem, Laboy has mixed drinks at Red Rooster, Los Americanos, Le Colonial NYC, and elsewhere. He has served drinks to President Obama and President Clinton.
    Mixologist Moses Laboy came to Friday Night Live to mix up some cocktails to get us started on the holiday weekend. Born and raised in Spanish Harlem, Laboy has mixed drinks at Red Rooster, Los Americanos, Le Colonial NYC, and elsewhere. He has served drinks to President Obama and President Clinton.
  • ME: Cops' restraint of man factor in death

    ME: Cops' restraint of man factor in death

    Friday, August 29 2014 9:17 PM EDT2014-08-30 01:17:48 GMT
    The death of a drugged, emotionally disturbed man restrained by police near St. Patrick's Cathedral has been ruled a homicide. The medical examiner's office cited "physical restraint by police" Friday as a factor in Ronald Singleton's July 13 death.
    The death of a drugged, emotionally disturbed man restrained by police near St. Patrick's Cathedral has been ruled a homicide. The medical examiner's office cited "physical restraint by police" Friday as a factor in Ronald Singleton's July 13 death.
  • Labor Day dishes by Chef Jason Tilmann

    Labor Day dishes by Chef Jason Tilmann

    Friday, August 29 2014 5:57 PM EDT2014-08-29 21:57:58 GMT
    If you're looking to beef up your Labor Day barbecue with something different, Chef Jason Tilmann, the executive chef at Strand Bistro in Midtown Manhattan, has some ideas and tips. Chef Tilmann demonstrated several dishes.
    If you're looking to beef up your Labor Day barbecue with something different, Chef Jason Tilmann, the executive chef at Strand Bistro in Midtown Manhattan, has some ideas and tips. Chef Tilmann demonstrated several dishes.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

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