NYU's expansion prioritizes marketing over debt-saddled students, professors say

Kylie Lacey's picture
Tuesday, June 18, 2013

In a time of growing alarm over soaring student loan debt, New York University -- which graduates the most indebted classes of students in the country -- has embarked on an ambitious real estate expansion that could make the school even more expensive.

A vocal group of professors has mounted a rebellion aimed at halting the university's plans, which call for the addition of 6 million square feet of new space over the next two decades. NYU's administration has refused to publicly disclose the cost, but faculty critics point to estimates that the build-out could run several billion dollars.

"The situation is so toxic right now," said Adam Becker, an associate professor of religious studies at the university, and a member of the faculty opposition movement. "People are angry at the place. We feel like we have been pushed into the corner."

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