From the Post today:
Cachet trumps cash.
Despite the downturn in the economy, New York University -- one of the priciest colleges in the county -- enrolled its largest student body in decades this year, school officials told The Post.
Just as the recession sent record numbers of students to New York's more affordable public colleges, the vaunted Greenwich Village school saw its highest enrollment since at least 1990 -- the most recent year for which data was readily available, according to school officials.
The upswing comes at a time when annual tuition, room and board at NYU hit nearly $52,000.
More than 21,600 undergraduates enrolled at NYU this school year -- up nearly 400 from last year -- while more than 18,200 graduate students enrolled -- a one-year spike of nearly 800 enrollees.
Overall since 1990, the school's enrollment has surged by an impressive 33 percent -- or roughly 10,000 students.
Jeez, we're going to need more dorms! And bars! (For those of-age students who choose to go out, of course...)
Golly! That is a lot of people. I didn't realize it was that many.
ReplyDeleteNext I would be interested to know how many are just wealthy as opposed to how many are signing away their young lives with massive credit.
When will the NYU bubble burst, if ever?
Thanks for the comment, Larry.
ReplyDeleteI'm curious how many of the NYU students stay in the EV following graduation. There seems to be this huge influx of 22-25 year olds in the last five-plus years. Probably longer.
NYU is a machine for extracting wealth from parents and acquiring real estate. A teaching staff is kept on hand to distract and amuse the kids, in a joint effort to project the idea of higher education to those who write the checks (parents) and manage the payroll (administrators).
ReplyDeleteDespite the few bad apples -- the greedy exceptions -- who brought down Lehman Bros, the oligarchy is still loaded and must provide a elite college experience to its offspring. Many of the latter enjoy living in the East Village, which can be a highly amusing neighborhood for 2-3 years in one's 20s.