NYU Admin: Maybe Think Twice About Going to Our Ridiculously Expensive School

123The Chronicle of Higher Education and Moving finger the download.com/seven/04302009/news/regionalnews/are_u__sure__kid__166869.htm”>New York Post are both reporting that NYU is targeting accepted students who might not be able to afford our fair university’s stratospheric tuition and asking them if they’re really, truly, 100% sure about coming here.

I think WSN has the right take on this:

That said, all prospective students would benefit from a quick “heads up” about NYU’s financial aid before they make their college decision. The targeted phone calls must be discontinued; instead, a uniform letter explaining the nature of financial aid — specifically, the unlikeliness that it will increase — should be enclosed in every student’s financial aid package.

Keep all students informed about just how many kidneys they’ll need to sell to cover that financial aid gap: good. Targeting the lower-income kids just to reinforce whatever feelings of alienation and class-consciousness they might get anyway from rooming with a former child star or something: not so good. Of course, that financial aid gap might be a little smaller if NYU wasn’t spending so much money to spruce itself up for 2031; but we’ve been over this many times before. Hey, at least our friends in Abu Dhabi won’t be getting those calls.

By the way, if the spectacle of NYU just sort of throwing it out there that maybe pre-frosh Patty is too poor to be going here makes you feel a little bit of déjà vu, maybe it’s because John Sexton said basically the same thing to Entertainment Editor-designate Jess Roy back in the beta days of NYU Local. I’m afraid the original post on that is lost to the vicissitudes of time, but in case you’ve forgotten, the Chronicle article brings us on a trip back down memory lane:

Jessica Roy, a junior at NYU, will graduate with student loans of about $40,000, and her parents have also taken out loans to help pay for her education. She also works 30 or more hours a week to help pay the bills.

Last year she had a chance to ask Mr. Sexton about his views on student debt when she attended a roundtable discussion led by him and a university trustee. The president was talking about how NYU allows students to follow their passions. Ms. Roy, who wants to become a journalist, says she asked him about students like herself, who have to work and don’t have time to do unpaid internships or focus on their passions.

Mr. Sexton said he had talked with other students in the same situation. He told Ms. Roy that what he had said to them was, If it’s that financially difficult to attend NYU, do you think you belong here?

Oh, NYU administration. You screw us so sweetly and gently.



27 Comments

  • ellie fye
    May 5, 2009

    I’m so glad I dropped out of NYU. I will graduate with no college debt and have the exact same opportunities.

  • len ballard
    May 5, 2009

    exactly, ellie. you pay for living and studying in new york, but a great education can be had at other schools at half the price, for certain.

  • [...] questions about the university, the 2031 plans, NYU Abu Dhabi, financial aid and tuition, and the recent decision to call poorer students to warn them of the cost of NYU. Sexton even talked a bit about the [...]

  • [...] “Students Dissatisfied with Financial Aid.” You may also recall that, last semester, the school began calling students with a large gap between their need and their financial aid award to make sure [...]

  • Tim Webb
    June 7, 2010

    As a former NYU IT employee who ran payroll and as a NYU graduate who was laid off by MR. Sexton after 15 years of service I know for a fact that Mr. Sexton nets right around 1 million dollars per year or about $80,000 per month after taxes. All NYU employees especially Code 100 Administrators are paid directly from the incoming freshman student tuition and not from Endowments like other Universitys such as MIT where Marilyn McMillan the NYU CITO worked prior to running NYU’s IT Services.

    Sexton also has an $800,000 per yr expense account and he lives on campus in an exclusive Penthouse owned by NYU for Free along with a Car and Driver including NYU security at all times. The Penthouse alone would get $10k per month in rent minimum in the Village. Yeah the rich greed mongers only get greedier in this economy. I know that fact first hand! MR Sexton is profiting immensely by charging very high tuition for a University that made him into a Billionaire like his close personal friend/fiend Michael Bloomberg the Mayor who bought a third term instead of letting Democracy and election Law tell him that its time to let someone else be the mayor.

    John Sexton and all the top BRASS at NYU make their fortunes by overcharging their customers/students. They know students are desperate and will repay NYU indirectly for the rest of their lives. We always near of NYU success stories but what about the failures and even the failure of successful students who graduate owing more money than they can make in a decade while John Sexton fly his Jet back and forth to Abu Dhabi several times a month. This is what he calls an efficient global leadership university. Each year the incoming freshman pay dearly for him to do this and pay for his success.

    I am glad NYU laid me off to save $68,000 per year and then hired two consultants to do my job who have no benefits. NYU exploits the poor and desperate students and the rich ones too. They lie, deceive and suck all the pennies from your pocket if you let them. Working for them was the worst 15 years of my life and I never felt soo exploited and degraded as when John Sexton began his reign of terror using students and employees as victims. Every year it got worse and yearly raises were eliminate while we began giving bonuses for efficency to high paid managers just like Lehman Brothers did and like AIG and like BP. THEY WERE CUTTING CORNERS AT NYU AND the savings were passed on to Sexton and his crones at the top. I coined the Prase, John A. Sexton….The A is for Anal because John Anal Sexton Welcomes you to NYU where we SCREW or Students and employees too…AAhhhh NYU”

    If John Sexton or ANY ONE OF HIS CRONIES WANT TO CONTACT ME TO DISCUSS THIS THEN CALL ME Anytime or write me or Just get in a limousine and stop by me AT MY home upstate NY and we can talk like real men face to face instead of hiding behind your NYU Presidential status or your NYU private Security force.

    Painfully, Sincerely and Honestly,

    Timothy J. Webb

    Former15 year code 100 NYU IT worker DEPT= ITS-CCS-CFS

    And NYU GRADUATE AAS 1994 and BA 2007

    Phone Number 518-477-0310

    Home Address:
    229 Lake Road
    Berne, NY
    12023.

    Looking forward to hearing from NYU but I won’t hold my breath because I have no $$$$ for NYU BRASS

  • chelsey binder
    April 21, 2011

    hmm well i can tell you im only 15 years old and very ambitious. i want to follow my dreams. my dreams were to go to NYU. I watched the campus video until i saw the tuition which was very high. I live in a small town and work very hard. I want to do many great things. If only i could afford to go there, but hey im not going to give up there are millions of good colleges out there!

  • [...] able to afford its stratospheric tuition to remind them of the financial commitment. The university received a ton of flack for targeting need-based students — which is exactly what Bissonnette called for, even going [...]

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