[EVG file photo from 2013]
Here's The New York Times:
Under a plan approved by the board of trustees late Wednesday, Cooper Union would begin increasing tuition scholarships in two years, and aim to provide full tuition in 10. The additional outlay would be offset by unspecified cuts in expenses, more fund-raising and “other revenue increases necessary,” the college said in a statement.
“If we exceed the financial targets in any given year, we may be able to accelerate the plan; if we don’t meet the targets for any number of reasons, such as an economic downturn, we have built-in guardrails that allow us to slow the plan if necessary,” said Laura Sparks, Cooper Union’s president, who took office in January 2017.
Cooper Union started to charge students tuition in 2014 — for the first time in its 150-year-history.
This piece at Hyperallergic outlines the subsequent drama surrounding that decision.
Previously on EV Grieve:
What went wrong at Cooper Union
Report: Cooper Union Board says no to proposal that would keep the school tuition-free
Free Cooper Union presents #TwoWeeksOfLeaks
After 65 days, Cooper Union students end occupation of president's office
Here's video of Cooper Union students entering the president's office this morning