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Cooper Union

The Cooper Union for the Advancement of Science and Art is a private college in New York City offering undergraduate and graduate programs in art, architecture, and engineering.^[1]
Founded in 1859 by industrialist and philanthropist Peter Cooper, the institution aimed to provide accessible education to working-class individuals to foster personal advancement and democratic participation through practical instruction in science, art, and related fields.^[2]^[3]
For much of its history, Cooper Union granted full-tuition scholarships to all admitted undergraduates, enabling tuition-free education regardless of financial means, supported initially by Cooper's endowment and later by prudent financial management.^[4]^[5] In 2014, facing a severe financial crisis stemming from administrative decisions including over-reliance on debt, undiversified real estate investments such as the purchase of the Chrysler Building at an inopportune time, and operating deficits, the college ended its full-tuition policy for new undergraduates, imposing charges of about $20,000 annually on those able to pay.^[6]^[7]
This shift provoked widespread student protests, occupations of the president's office, and lawsuits alleging fiduciary breaches by leadership, culminating in a 2015 settlement with New York authorities that mandated a committee to develop a plan for restoring free tuition once fiscal health permitted.^[8]^[9]
Today, Cooper Union provides half-tuition scholarships valued at $22,275 per year to all enrolled undergraduates amid total tuition of $44,550, with recent steps including tuition waivers for seniors through 2027–28 as part of efforts to reinstate full coverage.^[10]^[1]^[11]
The college maintains a selective enrollment of approximately 842 undergraduates—54% in engineering, 31% in art, and 15% in architecture—and holds accreditation from the Middle States Commission on Higher Education, ranking highly among regional institutions for its rigorous, merit-based programs.^[1]^[12]^[13]

History

Founding and Early Development (1859–1900)

Peter Cooper, an inventor, industrialist, and philanthropist, founded The Cooper Union for the Advancement of Science and Art in 1859 to offer free education in applied sciences, architecture, and art to working-class individuals and immigrants seeking self-improvement.^[2] Cooper, who had limited formal education himself, envisioned the institution as a means to promote practical knowledge and moral development, drawing inspiration from European models like the École Polytechnique while emphasizing accessibility without religious or political affiliation.^[14] On April 29, 1859, Cooper and his wife Sarah conveyed the Foundation Building at Astor Place and Cooper Square, along with endowment funds, to the institution's board of trustees via a foundational letter outlining its non-sectarian, tuition-free mission.^[15] The Cooper Union opened for instruction later in 1859, initially offering evening classes in subjects such as mathematics, chemistry, philosophy, mechanical drawing, and architectural design, primarily to adult male students balancing work and study.^[16] Daytime sessions soon followed, enabling women's participation in a era when higher education for females was rare, with the curriculum focused on practical skills for industrial and artistic advancement.^[2] The first commencement occurred on June 28, 1860, marking the graduation of initial students and underscoring the institution's rapid establishment as a hub for technical education.^[17] A pivotal early event was Abraham Lincoln's address on February 27, 1860, in the Great Hall of the Foundation Building, delivered at the invitation of the Young Men's Central Republican Union to an audience of approximately 1,500.^[18] In the speech, Lincoln argued against the expansion of slavery into territories, referencing historical framers' intent and constitutional authority, which bolstered his national profile and contributed to his Republican presidential nomination later that year.^[19] This event highlighted the Great Hall's role as a public forum for discourse, aligning with Cooper's goal of fostering informed citizenship.^[20] Through the late 19th century, Cooper Union expanded its enrollment and facilities modestly, maintaining free tuition funded by Cooper's endowment and rents from adjacent properties, while prioritizing merit-based admission over wealth or status.^[21] By 1900, the institution had solidified its reputation for rigorous, practical training, graduating thousands in engineering and design fields amid New York's industrial growth, though exact enrollment figures from this period remain sparsely documented in primary records.^[16]

Expansion and Institutional Growth (1900–1960)

In 1906, Cooper Union awarded its first Bachelor of Engineering degrees, marking a formalization of its engineering curriculum beyond certificates and diplomas.^[22] This development reflected growing demand for structured technical training amid industrialization, with the institution emphasizing practical skills for working-class students.^[16] The 1912 opening of the Hewitt Memorial Building substantially expanded laboratory facilities, enabling enhanced hands-on instruction in engineering disciplines and supporting increased program capacity.^[16] This addition addressed space constraints in the original Foundation Building, allowing for more advanced experimentation in areas such as chemistry and mechanics.^[16] Following World War II, the Servicemen's Readjustment Act of 1944 (GI Bill) spurred nationwide higher education expansion, with U.S. enrollment rising from approximately 1.5 million in 1939–1940 to 3.6 million by 1960.^[22] Cooper Union adapted by streamlining engineering school admissions for veterans in 1945, facilitating their integration into daytime programs previously dominated by evening classes for employed adults.^[23] This contributed to institutional growth, aligning with the school's merit-based, tuition-free model. Accreditation by the Middle States Commission on Higher Education in 1946 provided official recognition of Cooper Union's academic standards, occurring amid post-war veteran influxes and curriculum refinements.^[12]^[22] By the late 1950s, these factors had strengthened the engineering school's reputation, though exact enrollment figures for the period remain sparsely documented in primary records.^[16]

Post-War Advancements and Challenges (1960–2000)

In the 1960s, Cooper Union expanded its operations amid broader postwar higher education trends, with overall budgets rising 31% from 1960 to 1965 and an additional 55% by 1971 to accommodate program growth and inflation-adjusted costs while preserving tuition-free access.^[24] This period saw increased emphasis on interdisciplinary curricula, particularly in engineering and art, as the institution responded to technological advancements and urban industrial demands in New York City. Enrollment pressures mounted, reflecting national surges in college attendance, though Cooper Union maintained rigorous, merit-based admissions without open enrollment dilutions.^[25] John F. White's presidency from 1969 to 1980 marked a pivotal era of administrative adaptation to social upheavals, including student protests over Vietnam and civil rights; White, drawing from his public broadcasting background, viewed such activism as fostering responsibility and installed measures to integrate student input into governance.^[26]^[27] Key advancements included the maturation of the architecture program, which evolved from integration with the art school (1960–1975) to independent status in 1975, enabling specialized pedagogy in design theory and urbanism; it was formally named the Irwin S. Chanin School of Architecture in 1981 following a major endowment gift.^[28] The engineering school, later designated the Albert Nerken School, advanced chemical and electrical engineering tracks with theses emphasizing practical applications, such as materials science aligned with postwar industrial needs.^[29] Challenges intensified in the 1970s, as budget expansions strained the endowment reliant on real estate and donations, prompting a 1969–1979 charter revision to eliminate trustees' personal liability for debts—a shift from Peter Cooper's original model to mitigate fiscal risks without altering tuition policy.^[30] Labor tensions arose, with faculty and staff unions struggling for recognition under White before securing their first contract in 1978 amid East Village neighborhood decline and city fiscal crises.^[31] The 1980s and 1990s brought sustained selectivity—admitting fewer than 5% of applicants annually—but creeping operational deficits from deferred maintenance and program intensification foreshadowed later strains, as asset sales and limited diversification failed to offset rising faculty salaries and facilities demands.^[32] Throughout, the institution prioritized empirical, hands-on training over theoretical abstraction, yielding alumni contributions in fields like structural engineering and avant-garde design despite these pressures.

21st-Century Modernization and Shifts (2000–Present)

In the early 2000s, The Cooper Union undertook significant infrastructure modernization, including the construction of a new academic building at 41 Cooper Square. Designed by architect Thom Mayne of Morphosis and completed in 2009, the LEED Platinum-certified facility replaced outdated structures such as the six-story engineering school at 51 Astor Place and the Hewitt Building, aiming to integrate advanced laboratory spaces, classrooms, and public areas that reflect the institution's innovative ethos.^[33]^[34] This project, financed in part by a $175 million bond issuance in 2006 under President George Campbell, sought to enhance facilities for engineering, architecture, and art programs amid growing enrollment pressures.^[35] The institution faced a severe financial crisis in the 2010s, exacerbated by the 2008 real estate market downturn that diminished revenue from property holdings intended to sustain tuition-free education, combined with debt service on the new building. In April 2013, the board announced that starting in 2014, full-tuition undergraduates able to pay would be charged approximately $20,000 annually—about half the full cost—marking the end of the 150-year tuition-free tradition for all admitted students, while maintaining full scholarships for those demonstrating need.^[6] This decision, ratified in January 2014 despite student protests including an occupation of the Great Hall, stemmed from operating deficits and endowment shortfalls, with critics attributing it to prior leadership's risky financial strategies rather than inherent unsustainability of the free model.^[36] A 2015 settlement with New York Attorney General Eric Schneiderman addressed a lawsuit by students and alumni, establishing a framework for fiscal reforms and potential restoration of free tuition through cost-cutting, revenue diversification, and endowment growth.^[8] By March 2018, the board approved a 10-year plan requiring a $250 million endowment increase to reinstate full-tuition scholarships, with engineering students returning to free tuition first in fall 2018, followed phased implementation for art and architecture.^[37]^[38] Admissions remained highly selective, with an acceptance rate of around 13% in 2016 despite an 18.5% application decline post-tuition announcement, as the institution preserved rigorous merit-based criteria.^[39]^[38] Leadership transitions marked further shifts, with President Jamshed Bharucha resigning in 2015 amid the crisis, followed by interim and acting presidents before Laura Sparks' appointment in 2017, who advanced the return-to-free initiative until her departure in 2024. Steven W. McLaughlin assumed the presidency on July 1, 2025, bringing expertise in engineering education to prioritize academic excellence and financial stability.^[40]^[41] Current enrollment stands at approximately 842 undergraduates, with engineering comprising 54%, art 31%, and architecture 15%, reflecting sustained focus on specialized, interdisciplinary programs despite economic challenges.^[1]

Founding Principles and Educational Philosophy

Peter Cooper's Vision and First-Principles Approach

Peter Cooper founded The Cooper Union for the Advancement of Science and Art in 1859, endowing it with $600,000 to create an institution dedicated to practical education in science, art, mechanics, and applied knowledge, specifically targeting the working classes to enable their intellectual and economic elevation.^[42] The charter explicitly outlined free instruction through night courses in practical sciences, arts, and social sciences, alongside public access to libraries, galleries, and collections, with a focus on equipping individuals for useful occupations without religious or entrance tests.^[43] This structure accommodated laborers by offering evening sessions until 10 p.m., reflecting Cooper's intent to bridge the gap between limited formal schooling and real-world self-advancement, as he himself had only one year of education yet achieved success through invention and enterprise.^[42] Central to Cooper's philosophy was the pursuit of truth via direct engagement with nature's immutable laws, as detailed in his April 29, 1859, letter to the trustees, where he urged the institution to "unfold the laws of nature" to inspire youth toward moral and practical improvement.^[15] He envisioned education not as abstract theory but as a tool for personal agency, emphasizing lectures, discussions, and recitations that promote ethical conduct, republican values, and labor's dignity, while allocating funds like $1,500 annually for a female school of design to support working women's skill acquisition.^[15] Cooper explicitly rejected sectarian influence, stating that no religious opinions should serve as a "test or requirement," prioritizing universal access and civic harmony over doctrinal conformity.^[44] Cooper's method embodied a foundational reasoning process, rooted in empirical observation and iterative application—mirroring his own feats, such as constructing the first U.S. steam locomotive through trial and mechanical basics—applied to pedagogy by distilling curricula to essential, actionable principles that foster innovation and self-reliance.^[42] This approach avoided partisan or theological debates, instead channeling resources toward polytechnic schools rivaling elite technical institutions and merit-based training in design and engineering, ensuring graduates could "earn their daily bread" via vocational proficiency and entrepreneurial acumen.^[43] By grounding instruction in verifiable natural laws and practical utility, Cooper aimed to cultivate individuals capable of independent progress, free from dependency, with provisions for coeducation and inclusivity predating broader societal reforms.^[15]

Emphasis on Meritocracy and Self-Reliance

Peter Cooper established The Cooper Union in 1859 with the explicit aim of providing practical education in science, art, and engineering to working-class individuals, enabling them to achieve economic independence through acquired skills and diligent application. This approach underscored self-reliance by prioritizing instruction in mechanical trades and technical knowledge that directly supported personal advancement and self-sufficiency, rather than theoretical learning detached from real-world utility. Cooper, a self-made industrialist who rose from humble origins without formal higher education, modeled this principle in the institution's curriculum, which from inception included evening classes for laborers to pursue studies while maintaining employment, fostering habits of industry and resourcefulness.^[2]^[45] Meritocracy formed the cornerstone of admissions, with entry determined by demonstrated aptitude via competitive examinations and portfolio reviews, irrespective of applicants' socioeconomic status or prior privileges. This selective process ensured that only those exhibiting talent and potential—often from modest backgrounds—gained access, leveling opportunities in a manner that rewarded innate ability and effort over inherited wealth. The free-tuition model amplified this merit-based ethos by removing financial barriers, allowing the institution to assemble cohorts of high-caliber students capable of rigorous, integrative training across disciplines, as evidenced by historical entrance requirements that tested practical problem-solving and technical proficiency.^[46]^[44] The philosophy extended to student conduct and outcomes, instilling values of perseverance and individual responsibility; Cooper envisioned graduates as innovators and producers who would contribute to societal progress through their own exertions, not dependency on patronage. This emphasis on self-reliance aligned with Cooper's broader belief in education as a catalyst for personal prosperity, where hard work in mastering tools like mechanical powers and chemical processes empowered individuals to navigate industrial challenges autonomously. Early programs, such as those in applied mechanics, reinforced this by training students to invent and adapt, mirroring Cooper's own inventive career and promoting a causal link between disciplined learning and tangible self-advancement.^[47]^[44]

Evolution and Deviations from Original Intent

For over 150 years following its founding in 1859, The Cooper Union adhered closely to Peter Cooper's mandate of providing tuition-free education to meritorious students from diverse socioeconomic backgrounds, particularly emphasizing practical training for working-class individuals in engineering, architecture, and art.^[4]^[48] This model relied on endowment income from real estate holdings, including the Chrysler Building, which generated sufficient revenue to cover operational costs without tuition, as Cooper intended education to be "free as air and water."^[42]^[4] Significant deviations began in the early 21st century under President George Campbell Jr. (2001–2011), whose administration pursued aggressive infrastructure expansions, notably the $175 million 41 Cooper Square academic building completed in 2009, financed partly through high-risk debt and optimistic projections of endowment growth that failed to materialize.^[49]^[50] These decisions, including unfavorable lease restructurings at the Chrysler Building that reduced rental income from $32 million annually in the 1990s to about $10 million by 2011, eroded the institution's financial stability, creating a structural deficit exceeding $15 million per year by 2013.^[51]^[49] Critics, including alumni and financial analysts, attributed this to mismanagement rather than inevitable flaws in the free-tuition model, noting that prudent stewardship of the original endowment—valued at around $600 million in real terms from Cooper's bequests—could have sustained operations indefinitely.^[48]^[52] The most overt deviation from Cooper's vision occurred in April 2013, when the board announced the end of full-tuition scholarships for undergraduates starting in fall 2014, introducing mandatory payments of approximately $20,000 for new students deemed able to afford it, escalating to full tuition of $44,550 by later years with partial scholarships covering half for most.^[6] This policy shift, ratified by the board in January 2014 despite protests including a student occupation of the administration building, directly contravened the founder's charter emphasizing perpetual free access as essential to meritocratic opportunity for the underprivileged.^[53]^[50] In response to ongoing litigation and advocacy from groups like the Committee to Save Cooper Union, a 2018 settlement outlined a phased return to full scholarships by 2028, though the COVID-19 pandemic delayed progress; by 2024, only about half of undergraduates attended tuition-free, with all seniors receiving full scholarships through 2027–28 as an interim measure.^[54]^[55]^[11] These financial reversals also prompted broader institutional shifts, such as increased reliance on external grants and alumni donations, which some observers argue diluted the self-reliant ethos Cooper championed by tying programming to donor priorities over unencumbered practical education.^[56] While admissions remained merit-based without legacy preferences, the tuition model inadvertently favored applicants with financial means who could navigate aid packages, potentially narrowing access for the low-income students central to the original intent.^[53] Ongoing reforms, including independent financial oversight mandated in the 2018 settlement, aim to realign with founding principles, but the episode underscores vulnerabilities introduced by administrative overreach absent rigorous adherence to Cooper's conservative fiscal blueprint.^[57]^[58]

Academic Programs

Albert Nerken School of Engineering

The Albert Nerken School of Engineering, established as part of The Cooper Union in 1859, provides undergraduate education in engineering disciplines with an emphasis on practical application and innovation.^[59] It enrolls approximately 450 students and maintains small class sizes to facilitate personalized instruction and undergraduate research opportunities.^[59] The school's curriculum integrates rigorous foundational training in mathematics and sciences with project-based learning focused on design, sustainability, and real-world problem-solving, often leveraging collaborations with New York City industries, hospitals, and international partners.^[59] Named in honor of alumnus Albert Nerken (ChE '33), who donated $7 million in 1989—the institution's largest gift at the time—to support faculty benefits and expanded financial aid, the school reflects a commitment to accessible, high-caliber technical education.^[60]^[61] Engineering instruction at Cooper Union dates to its founding by Peter Cooper, with early courses attracting figures like Thomas Edison, who studied chemistry there in 1872 to advance his inventions.^[62] The programs hold ABET accreditation, ensuring alignment with professional standards in engineering practice.^[59] Degree offerings include Bachelor of Engineering (B.E.) programs in chemical, civil, electrical, and mechanical engineering, alongside a Bachelor of Science (B.S.) in computer science launched in 2024 with its first cohort starting in September 2025.^[59] Integrated B.S./M.S. pathways allow completion in 4 to 6 years, preparing graduates for advanced study or industry leadership, with many pursuing Ph.D.s.^[59] Departments encompass chemical engineering, civil engineering, electrical engineering, mechanical engineering, computer science, and mathematics, supporting interdisciplinary approaches.^[63] In U.S. News & World Report rankings for undergraduate engineering programs at schools without doctoral degrees, the school placed #9 overall (tie) based on peer assessments by deans and senior faculty.^[64] Earlier evaluations highlighted strengths in specific areas, such as #1 in chemical engineering and #7 in civil, mechanical, and computer engineering programs.^[65] Facilities include specialized laboratories for chemistry, chemical engineering, civil engineering, and electrical engineering, treating New York City as an extended laboratory for hands-on projects.^[66]

Irwin S. Chanin School of Architecture

The Irwin S. Chanin School of Architecture forms one of the three constituent schools of The Cooper Union for the Advancement of Science and Art, originating with the institution's establishment in 1859 by Peter Cooper to advance technical education for working-class individuals.^[2] Architectural instruction began as part of the early curriculum, evolving into a dedicated program that emphasizes design innovation, historical context, and societal impact, with a timeline of developments traced from the 19th century onward.^[67] In 1981, the school received its current name through a endowment gift from Irwin S. Chanin, a 1915 civil engineering alumnus and New York real estate developer who supported the institution's mission.^[28] The school delivers a rigorous, studio-centered education aimed at cultivating independent thinking and ethical responsibility in architectural practice.^[68] Its undergraduate program confers a five-year Bachelor of Architecture (B.Arch.), accredited as a first professional degree by the National Architectural Accrediting Board, integrating sequential design studios with required courses in architectural history, theory, structures, and environmental systems.^[69] A post-professional Master of Science in Architecture, spanning three semesters, targets candidates with prior degrees and concentrates in areas such as theory, history, criticism, or computational design, fostering advanced research and interdisciplinary inquiry.^[70] Under John Hejduk's deanship from 1975 to 2000, the school pioneered an experimental pedagogy that prioritized poetic expression, spatial narrative, and critique over conventional functionalism, influencing generations of architects through projects like the "Diamond Thesis" and publications documenting student theses.^[71] ^[72] This approach persists in a curriculum that encourages debate on architecture's role in urban and social contexts, supported by an archive established in 1983 to preserve pedagogical records via student work documentation.^[73] Prominent faculty include Diana Agrest, holder of the Irwin S. Chanin Distinguished Professorship, known for integrating film and urban theory into design discourse.^[74] Alumni achievements underscore the program's impact, with graduates founding firms like Toshiko Mori Architect (B.Arch. 1976) and contributing to innovative practices such as Snarkitecture (Daniel Arsham, B.Arch. 2003).^[75] Enrollment remains selective, with approximately 200 undergraduates, maintaining intimate class sizes that facilitate mentorship and cross-disciplinary interaction with Cooper Union's engineering and art schools.^[1]

School of Art

The School of Art, founded in 1859 as an original component of The Cooper Union for the Advancement of Science and Art by industrialist Peter Cooper, provides a four-year Bachelor of Fine Arts (BFA) program emphasizing studio practice integrated with liberal arts education.^[2]^[1] The curriculum aims to develop artists capable of interdisciplinary engagement, combining traditional and contemporary media with critical theory, history, and public-oriented research to foster societal impact.^[76] The program begins with a foundation year introducing visual, spatial, and temporal concepts through projects in two-, three-, and four-dimensional media, alongside required courses in art history, theory, and a humanities-social sciences core sequence.^[77] In the sophomore year, students select a primary discipline from options including drawing, painting, sculpture, photography, printmaking, graphic design, or audiovisual media, supplemented by rotating electives.^[77] Junior and senior years offer greater flexibility for self-directed study, incorporating electives from the schools of architecture and engineering, and culminate in a senior presentation—a public exhibition of independent work demonstrating technical proficiency and conceptual depth.^[77] Degree requirements total 125 credits (post-Fall 2022) or 130 credits (pre-Fall 2022), including ongoing general studies in humanities, sciences, and social sciences to contextualize artistic practice.^[78] Admissions are highly competitive and portfolio-based, requiring submission of artwork for first-year applicants and evaluation of prior studio credits (18-60) for transfers, prioritizing demonstrated creative potential over standardized test scores.^[79]^[80] The school maintains full-time faculty such as Professors Dennis Adams, Doug Ashford, and Coco Fusco, who guide students through individualized advising and interdisciplinary seminars featuring guest speakers like Ruth Wilson Gilmore.^[81] Facilities support diverse media, including the AACE Lab equipped with 3D printers and laser cutters for experimental fabrication.^[76] Notable alumni include abstract expressionist painter Lee Krasner (BFA 1929), graphic designer Milton Glaser (BFA 1951), and Push Pin Studios co-founders Seymour Chwast and Edward Sorel (both BFA 1951), whose contributions span fine art, design, and illustration.^[82]^[83] The program's rigorous, tuition-free model (until policy changes in 2014) has historically produced practitioners recognized for innovation across visual arts disciplines.^[1]

Admissions Process and Student Outcomes

The admissions process at The Cooper Union is highly selective and tailored to each of its three schools, reflecting the institution's emphasis on specialized talent in engineering, art, and architecture. First-year undergraduate applicants submit via the Common Application, with deadlines of November 1 for the Albert Nerken School of Engineering and December 1 for the Irwin S. Chanin School of Architecture and School of Art.^[84] Transfer and graduate applications use the institution's proprietary portal.^[84] The process employs holistic review, evaluating academic records, standardized test scores (with SAT/ACT requirements reinstituted for fall 2026 applicants), and school-specific assessments such as portfolios for art and architecture or quantitative aptitude tests for engineering.^[85] For the fall 2024 entering class, the overall acceptance rate stood at 13%, varying significantly by program: 4% for architecture, 9% for art, and 23% for engineering.^[86] Admitted students typically demonstrate strong high school performance, with an average GPA of approximately 3.71.^[87] Student retention and graduation rates indicate solid persistence, though completion times extend beyond four years for many. Of first-year students entering in fall 2023, 92% returned for their sophomore year in fall 2024.^[88] For the fall 2018 cohort, 81% graduated within six years.^[88] Independent data report four-year graduation rates around 62-63% and six-year rates of 80-83%, with eight-year completion reaching 86% for recent classes.^[13] Post-graduation outcomes emphasize professional entry in creative and technical fields, with alumni pursuing internships, employment, freelance work, and advanced study; the institution highlights a robust alumni network facilitating mentorship and opportunities, though specific employment placement statistics are not publicly detailed by the administration.^[89] Third-party analyses estimate 91% employment one year after graduation, alongside median earnings of about $39,700 six years out, underscoring the value of degrees in high-demand sectors despite variable starting salaries.^[90]^[13]

Financial Model and Sustainability

Historical Endowment and Revenue Streams

Peter Cooper, the founder of The Cooper Union for the Advancement of Science and Art in 1859, provided the initial endowment through personal contributions totaling nearly $1,500,000 during his lifetime, supplemented by an additional $200,000 bequeathed in his will.^[91] This funding included the transfer of the Foundation Building, constructed in 1857–1859, and was structured via a charter, deed of trust, and foundational letter to ensure perpetual support for tuition-free education.^[92] Early financial reports from the 1860s to 1880s indicate that interest from this endowment fund generated $3,000 annually, forming a core revenue component alongside modest donations.^[93] A pivotal element of the endowment's growth stemmed from Cooper's allocation of Manhattan real estate holdings, which appreciated amid New York City's expansion and yielded ongoing lease income.^[94] Foremost among these was the land under the Chrysler Building at 405 Lexington Avenue, acquired as part of the endowment's real property portfolio; the ground lease, in effect since the building's 1930 completion, obligated lessees to pay rent plus amounts equivalent to property taxes, establishing it as a primary revenue source.^[95] By the early 21st century, this asset alone contributed tens of millions annually, though historical yields scaled with urban valuation increases and lease terms.^[48] Supplementary revenue historically derived from endowment investment returns, additional philanthropic gifts—such as Andrew Carnegie's donation enhancing the corpus—and limited programmatic fees, all calibrated to sustain operations without tuition.^[95] This model, rooted in Cooper's industrial fortune from iron, railroads, and real estate, prioritized self-sufficiency through asset preservation and income generation over expansion.^[94]

Free Tuition Policy: Achievements and Inherent Flaws

The free tuition policy at Cooper Union, established by founder Peter Cooper in 1859, provided full-tuition coverage to all admitted undergraduates for over 150 years, enabling access to rigorous engineering, architecture, and art programs without financial barriers.^[32] This model initially relied on income from real estate holdings and later an endowment bolstered by a 1901 gift from Andrew Carnegie, sustaining operations through prudent management for much of its history.^[3] By removing tuition costs, the policy attracted high-achieving students based solely on merit, fostering a diverse cohort unencumbered by debt and contributing to the institution's reputation as a premier tuition-free design and engineering school.^[4] Among its key achievements, the policy democratized elite technical education, allowing generations of talented individuals—particularly those from modest backgrounds—to gain skills that propelled contributions to fields like architecture and engineering without the deterrent of fees exceeding $40,000 annually at comparable institutions.^[96] It upheld Cooper's vision of public benefit, justifying federal and state tax exemptions on properties generating revenue, as the absence of tuition was cited in legal defenses against challenges to these subsidies dating back decades.^[97] The approach also cultivated a culture of accessibility and commitment, with alumni crediting the model for enabling focused study and innovation, though direct causal links to specific successes remain anecdotal amid broader institutional prestige.^[38] However, the policy harbored inherent flaws rooted in its structural dependence on volatile non-tuition revenues, rendering long-term sustainability contingent on endowment returns perpetually outpacing escalating operational costs, a dynamic disrupted by market downturns and rising expenses.^[98] Without tuition as a revenue buffer or price signal to curb demand pressures, the model amplified vulnerability to administrative missteps, such as a 2006 decision to borrow $34 million against the endowment at 5.875% interest for high-risk investments just before the 2008 financial crisis, which eroded principal and triggered deficits exceeding $15 million annually by 2013.^[99] ^[49] This reliance fostered fiscal rigidity, as fixed real estate income—historically 60-70% of revenues—proved insufficient against cost inflation, culminating in a $450 million debt load by 2014 that necessitated partial tuition reinstatement for engineering and art students.^[50] Empirically, the policy's viability hinged on exceptional stewardship absent in later decades, exposing a causal mismatch between idealistic subsidy and economic realities of higher education cost growth outstripping investment yields.^[100]

Financial Mismanagement and Endowment Failures

Cooper Union's endowment, valued at approximately $666.7 million in 2013, suffered from poor management characterized by heavy concentration in hedge funds and alternative investments lacking diversification.^[101] In fiscal year 2009, ending June 30, 2009, these managed assets, including hedge funds, recorded a 14% loss, while subsequent performance from 2009 to 2012 lagged behind standard benchmarks such as a 60% stocks/40% bonds portfolio and the S&P 500 recovery.^[99] By fiscal year 2012, returns on the managed endowment were negative 5%, despite broader market gains, contributing to the endowment's value remaining below pre-2008 levels even as markets rebounded.^[50] Over $100 million invested in hedge funds incurred annual management fees exceeding $2 million, further eroding returns without commensurate gains.^[50] Revenue from real estate assets, notably the land under the Chrysler Building, was undermined by unfavorable lease terms established decades earlier. In the early 1990s, annual rent from this property decreased from $13 million to $11 million, locking in subdued income for years despite the asset's underlying value.^[50] Although structured escalations were projected to increase rents to $32.5 million by 2018, the prolonged period of lower payments strained finances, as the endowment failed to offset these shortfalls through other means.^[50] Capital expenditures exacerbated the crisis, particularly the construction of the 41 Cooper Square academic building, completed in 2010 at a cost of $166 million. Financed largely through a $175 million loan secured in 2006, the project generated annual interest payments surpassing $10 million, directly contributing to operating deficits of around $16.5 million per year by 2009.^[50] Critics, including plaintiffs in a 2014 lawsuit against the trustees, alleged that the extravagant design and execution of this facility, without sufficient fundraising offsets, undermined the institution's financial health.^[102] These failures culminated in governance reforms via a 2015 settlement with the New York Attorney General, which acknowledged risky schemes and poor practices. The agreement imposed an independent fiscal monitor to oversee operations and strategic planning, aiming to stabilize finances and pursue restoration of free tuition, while highlighting trustee divisions and leadership missteps.^[9] Total liabilities reached $319 million by 2009, with debt servicing consuming significant resources and precipitating the 2014 policy shift to charge undergraduate tuition of $20,000 annually.^[50]^[99]

Crisis, Policy Reversals, and Ongoing Reforms

In October 2011, rumors emerged of severe financial distress at The Cooper Union, culminating in a public acknowledgment by April 2013 that the institution faced an operating deficit exceeding $15 million annually, driven by endowment shortfalls, accumulated debt of over $200 million, and reliance on depleting real estate income streams.^[99] The crisis stemmed from multiple factors, including the endowment's heavy exposure to the 2008 financial crash—resulting in net losses that failed to cover loan interest—and historical mismanagement, such as piecemeal asset sales without diversification and aggressive borrowing for capital projects like the $125 million 41 Cooper Square building completed in 2009.^[56] These decisions, made under prior administrations, eroded the financial buffer intended to sustain Peter Cooper's tuition-free model, with annual interest payments alone reaching $10 million by the early 2010s.^[50] Facing insolvency risks, the Board of Trustees voted in April 2013 to end full-tuition scholarships for incoming undergraduates starting fall 2014, introducing half-tuition charges of approximately $20,000 per year for those deemed financially able, while preserving free education for continuing students through phased implementation.^[6] This reversal of the 150-year-old policy—originally envisioned as perpetual under Cooper's founding deed—provoked widespread student protests, occupations of the president's office, and a 2014 class-action lawsuit alleging breach of fiduciary duty by trustees for failing to explore alternatives like endowment restructuring or litigation against investment managers.^[103] The suit, supported by alumni and faculty, highlighted administrative opacity and questioned the necessity of tuition amid underutilized revenue strategies, leading to President George Campbell's resignation in 2015 amid criticism of his leadership in the debt buildup.^[40] Settlement of the lawsuit via a 2015 consent decree imposed governance reforms, including independent audits, transparency mandates, and restrictions on executive compensation, while granting cy pres relief to adapt the founding intent amid changed economic realities.^[104] Under new president William Pecora, the institution stabilized operations, reducing deficits through cost controls and revenue diversification. In January 2018, the Board approved a 10-year plan to restore full-tuition scholarships, targeting financial resilience via endowment growth to $1 billion, program efficiencies, and philanthropic campaigns, with milestones including covering 50% of students tuition-free by 2023.^[105] ^[106] By September 2024, progress accelerated with the announcement of tuition-free education for all graduating seniors starting with the class of 2025, extending annually to cover the full undergraduate cohort by 2028, ahead of the original timeline; at that point, roughly half of students attended tuition-free, with average payments below 15% of the $44,550 full rate after aid.^[107] ^[55] Ongoing reforms, detailed in the 2023 five-year plan review, emphasize academic enhancements, collaborative facilities, and sustainable budgeting to prevent recurrence of prior fiscal vulnerabilities, though skeptics note persistent challenges from fixed costs and market-dependent endowment returns.^[108]

Facilities and Infrastructure

The Foundation Building and Great Hall

The Foundation Building, the inaugural structure of The Cooper Union, was designed by architect Frederick A. Peterson in an Italianate palazzo style and completed in 1859 after construction began in the mid-1850s.^[109] ^[110] Standing five stories tall with studios and classrooms above a ground floor originally intended for public use, it was among the tallest buildings in lower Manhattan at the time and featured innovative elements like a central light well and cast-iron elements.^[111] ^[20] Designated a New York City Landmark on March 8, 1966, the building underwent significant interior redesigns, including by John Hejduk in the 1970s to adapt spaces for the School of Architecture, and more recent facade and roof restorations to ensure compliance with local codes.^[110] ^[111] ^[112] The Great Hall, occupying the basement level of the Foundation Building, has served as a premier venue for public lectures and assemblies since the institution's founding, reflecting Peter Cooper's vision of accessible education.^[20] It gained enduring prominence on February 27, 1860, when Abraham Lincoln delivered his Cooper Union Address, a meticulously researched critique of slavery's expansion that argued "right makes might" and bolstered his path to the Republican presidential nomination.^[19] ^[113] The hall, then New York City's largest secular meeting space, has hosted countless notable events, including speeches by Mark Twain and Samuel Gompers, and continues to function for lectures, performances, and commencements amid ongoing preservation efforts.^[114] ^[115]

41 Cooper Square and Expansion Projects

41 Cooper Square serves as The Cooper Union's primary academic building, housing the Albert Nerken School of Engineering along with facilities for the schools of art and architecture.^[116] Designed by Pritzker Prize-winning architect Thom Mayne of Morphosis Architects, the nine-story structure spans 175,000 square feet and occupies a full city block on Third Avenue between East 6th and 7th Streets in Manhattan's East Village.^[117] Construction commenced in 2006 and concluded in September 2009, with the building officially opening that year to consolidate and modernize the institution's instructional spaces previously dispersed across aging facilities.^[118] The building's design incorporates a double-skin facade featuring a glass curtain wall overlaid with a sculpted layer of perforated stainless steel, intended to optimize natural light and ventilation while evoking the dynamism of urban innovation.^[118] Key features include sky-lit atria for vertical circulation, a sixth-floor terrace providing outdoor space overlooking the city, seminar rooms, student lounges, and specialized laboratories for engineering disciplines.^[34] Ground-level amenities comprise an exhibition gallery, auditorium for public programs, and retail space, enhancing community engagement.^[116] In 2010, 41 Cooper Square achieved LEED Platinum certification from the U.S. Green Building Council, marking it as the first academic building in New York City to attain this distinction for its sustainable systems, including energy-efficient mechanicals and green roof elements.^[119] As The Cooper Union's flagship expansion project, 41 Cooper Square addressed longstanding infrastructure constraints by centralizing engineering programs and providing flexible spaces for interdisciplinary collaboration, aligning with the institution's mission to advance science and art through integrated facilities.^[120] The project, developed in partnership with associate architect Gruzen Samton LLP, cost approximately $150 million, though some reports cite figures up to $166 million amid debates over budgeting.^[118] ^[121] No major subsequent expansion projects have been documented, positioning the building as a enduring hub for academic activities amid the institution's evolving needs.^[116]

Criticisms of Capital Expenditures

The construction of 41 Cooper Square, a new academic building completed in 2009, incurred costs of $166 million, replacing two aging structures but sparking widespread criticism for its role in deepening Cooper Union's debt burden.^[50] Financed through a $175 million loan from MetLife obtained in 2006—secured against land assets after a capital campaign raised insufficient funds—the project was decried by stakeholders for prioritizing architectural ambition over fiscal prudence, especially as endowment values plummeted during the 2008 financial crisis.^[56]^[49] Designed by Pritzker Prize-winning architect Thom Mayne of Morphosis, the building's innovative but expensive features, including extensive glass facades and complex engineering, were labeled "lavish" by observers, contributing to annual debt service payments of about $10 million that strained operating revenues.^[99]^[50] A 2015 report commissioned by the board from a special faculty-administration committee faulted prior leadership for a "cascade of poor decisions," including the unhedged debt commitment for 41 Cooper Square, which amplified vulnerabilities when investment returns faltered and tuition-free operations demanded consistent surpluses.^[49] Alumni and student groups, in lawsuits filed as early as 2014, argued that projections justifying the borrowing relied on "patently unrealistic" revenue assumptions, such as optimistic endowment growth and real estate deals that underperformed, effectively mortgaging the institution's future to fund infrastructure upgrades amid inadequate oversight.^[122] These critiques extended to broader capital priorities, where deferred maintenance on the historic Foundation Building was sidelined in favor of the new facility, exacerbating overall infrastructure imbalances without diversified funding.^[99] Further scrutiny highlighted opportunity costs: the $166 million outlay, equivalent to roughly $950 per square foot, diverted resources from endowment preservation or programmatic needs, with critics noting that cheaper renovation alternatives for the replaced buildings could have preserved liquidity for the free-tuition model established by founder Peter Cooper in 1859.^[50] By 2013, as deficits mounted to over $15 million annually, the debt from such expenditures was cited in board disclosures as a key factor forcing graduate tuition reinstatement, eroding public trust and prompting protests that occupied administrative offices.^[123] Independent analyses, including those from financial journalists, emphasized that while modernization was arguably necessary, the scale and unsecured financing reflected systemic governance lapses, where board approval proceeded despite warnings from auditors about rising leverage ratios exceeding 50% of assets.^[51]^[49]

Governance and Administration

Board of Trustees and Leadership Roles

The Board of Trustees of The Cooper Union for the Advancement of Science and Art holds ultimate governance authority over the institution, including strategic oversight, financial management, and policy approval, as defined in the organization's bylaws. The board is self-perpetuating, with members serving without compensation and selected through a process managed by the Governance Committee, which identifies candidates for election. It includes a mix of life trustees, alumni-elected trustees (such as Anna Brook BSE'04, James Haywood Rolling Jr. A'88, and Rachel Whitlow A'94), and non-voting student trustees (such as Tre Brown ME'26 and Angie Zuo AR'29), ensuring representation from key stakeholders.^[124]^[125] Current officers include Chair Jamie Levitt, who leads board activities; Vice Chairs Aftab Hussain ME'97 and Stephen Welby ChE'87; Treasurer and Vice President for Finance & Administration John Ruth; and Secretary Michelle Marsh. The board operates through standing committees that address specific functions, such as the Executive Committee (chaired by Levitt, including Hussain and Welby); Finance and Business Affairs (chaired by Hussain); Audit (chaired by Welby); Investment (chaired by Judy Freyer); Academic & Student Affairs (chaired by Anne Chao); and others like Governance and Alumni Affairs and Development. These committees review proposals, monitor performance, and advise the full board, which convenes quarterly.^[126]^[124] The president serves as the chief executive officer, responsible for day-to-day administration, academic leadership, and implementation of board directives. Steven W. McLaughlin assumed the role as the 14th president on July 1, 2025, following unanimous board approval announced on April 21, 2025. Prior to this, McLaughlin held senior positions at the Georgia Institute of Technology for nearly 30 years, including provost and executive vice president for academic affairs, dean of engineering, and vice provost for international initiatives; he holds a Ph.D. in electrical engineering from the University of Michigan, an M.S.E. from Princeton University, and a B.S.E.E. from Northwestern University, with research expertise in communications and information theory evidenced by over 250 publications and 36 U.S. patents. The president's cabinet comprises deans, vice presidents, and other senior administrators to support institutional operations.^[41]^[126]

Key Controversies in Decision-Making

In 2006, under President George Campbell, the Board of Trustees approved a $175 million bond issuance to finance the construction of 41 Cooper Square, a new academic building designed by architect Thom Mayne, costing approximately $166 million upon completion in 2009.^[99]^[92] Critics, including subsequent New York Attorney General investigations, highlighted this as a pivotal poor decision that saddled the institution with long-term debt amid flawed revenue projections from adjacent real estate development, exacerbating financial strain without adequate diversification of the endowment.^[49] Campbell faced specific allegations of conflicts of interest in related property deals, as outlined in the AG's 2015 petition, which claimed breaches of fiduciary duty through self-dealing and inadequate oversight.^[49]^[100] The board's October 2013 announcement, under President Jamshed Bharucha and Chairman Mark Epstein, to impose undergraduate tuition starting in fall 2014—initially $20,000 annually, rising to full cost—sparked widespread controversy, as it reversed Peter Cooper's 1859 charter mandate for free education to "poor young persons."^[127]^[128] Officials justified the move citing a projected $16.5 million annual deficit from endowment shortfalls and debt service, but detractors argued it stemmed from avoidable mismanagement rather than inevitable forces, with the board failing to explore alternatives like asset sales or cost cuts more aggressively.^[99]^[129] This decision fueled student protests, occupations of the president's office in December 2013, and lawsuits by the Committee to Save Cooper Union, accusing trustees of violating the charter and neglecting their oversight duties.^[56] New York Attorney General Eric Schneiderman's 2015 petition further exposed decision-making flaws, alleging that Bharucha and select trustees concealed the collapse of a 2006 real estate financing plan from the full board, delayed disclosures of mounting deficits, and prioritized capital projects over fiscal prudence, leading to a $300 million-plus liability by 2014.^[100]^[49] While Cooper Union disputed the findings as overly punitive, the probe underscored systemic governance issues, including an unrepresentative board dominated by donors with limited educational expertise.^[9] These revelations prompted Bharucha's resignation in June 2015, alongside five trustees who cited irreconcilable differences over leadership transparency and strategic direction.^[129] A September 2015 settlement with the AG and plaintiffs mandated board restructuring—adding elected faculty, alumni, and student representatives—increased financial audits, and a phased return to free tuition by 2017 for new undergraduates, though full restoration lagged amid ongoing deficits.^[9]^[130] The episode highlighted tensions between fiduciary obligations to sustainability and the institution's founding ethos, with critics like Reuters commentators faulting trustees for unaccountable choices that prioritized expansion over core mission preservation.^[127]

Legal Challenges and Stakeholder Conflicts

In 2014, a group of alumni, faculty, and students formed the Committee to Save Cooper Union (CSCU) and filed a lawsuit in New York Supreme Court challenging the Board of Trustees' decision to end the institution's longstanding free tuition policy, arguing it violated the school's founding charter and Peter Cooper's intent to provide education "as free as the air we breathe."^[131] The suit sought a declaratory judgment prohibiting tuition charges, an injunction against implementation, removal of certain trustees for alleged breaches of fiduciary duty, and an accounting of financial mismanagement, including excessive spending on the 41 Cooper Square building.^[122] Stakeholder tensions escalated as protests and petitions highlighted divisions between the board—dominated by real estate and finance professionals—and community members who viewed the tuition shift as a betrayal of core principles amid a reported $175 million debt.^[50] The litigation culminated in a September 2015 settlement agreement, approved by the court in December as a cy pres modification, permitting temporary tuition for engineering and art undergraduates while mandating a strategic plan to restore full scholarships over time; the New York Attorney General endorsed the deal to avoid closure, though critics contended it legitimized fiscal irresponsibility without sufficient accountability.^[132]^[133] Concurrently, internal conflicts intensified, leading to the June 2015 resignation of President Jamshed Bharucha and five trustees, who cited irreconcilable disagreements over leadership and direction, with some board members accusing others of opacity in handling the endowment's decline from prudent investments to riskier bets during the 2008 financial crisis.^[129] These exits underscored broader stakeholder distrust, as faculty and students alleged the board prioritized capital projects over operational sustainability, exacerbating a rift that persisted through subsequent governance reforms.^[134] More recently, in April 2024, Jewish students filed a federal lawsuit alleging Cooper Union failed to protect them from antisemitic harassment following a pro-Palestinian rally on October 25, 2023, where protesters reportedly blocked exits and chanted aggressively; the suit claims violations of Title VI and New York human rights laws, with the administration's response—including suggestions that students "hide" during unrest—drawing judicial rebuke for minimizing the threat.^[135]^[136] U.S. District Judge John Cronan denied the school's motion to dismiss in February 2025, allowing claims to proceed and highlighting potential liabilities in addressing campus divisions amid polarized geopolitical tensions.^[137] Separately, in financial recovery efforts, Cooper Union prevailed in a 2024 state court ruling against lessee RFR Realty, regaining control of its 40% stake in the Chrysler Building after RFR's default on $32 million in rent, enabling potential revenue from re-leasing to offset debts.^[138] These cases reflect ongoing frictions between administrative decisions, fiscal imperatives, and diverse stakeholder expectations, with legal outcomes shaping governance accountability.^[139]

Impact and Legacy

Notable Alumni and Their Contributions

Cooper Union alumni have achieved prominence in fields including physics, architecture, graphic design, and comics, earning accolades such as the Nobel Prize in Physics and the Pritzker Architecture Prize.^[1] Their work spans innovative scientific discoveries, influential visual communication, and cultural icons that have shaped modern media and built environments. Russell A. Hulse (Physics '70) discovered the first binary pulsar in 1974 while working at the Arecibo Observatory, a finding that provided key evidence for gravitational radiation predicted by Einstein's general theory of relativity.^[140] For this, Hulse shared the 1993 Nobel Prize in Physics with his thesis advisor Joseph H. Taylor Jr.^[141] His undergraduate training at Cooper Union laid the foundation for his graduate studies at the University of Massachusetts Amherst, where he earned a PhD in 1975.^[142] Shigeru Ban (AR '84), a Japanese architect, received the 2014 Pritzker Architecture Prize for his innovative use of sustainable materials like paper tubes and shipping containers in humanitarian structures, including emergency shelters for disaster victims.^[1] Notable projects include the Paper Dome for the 1995 Kobe earthquake and the Centre Pompidou-Metz, demonstrating his commitment to low-cost, recyclable architecture that addresses social needs.^[143] In graphic design, Milton Glaser (A '51) co-founded Push Pin Studios in 1954 with fellow Cooper Union graduates, revolutionizing the field through eclectic styles blending historical influences with modern typography and illustration.^[144] His iconic "I ♥ NY" logo, commissioned in 1977 by the New York State Department of Commerce, became a global symbol of urban affection and was adapted post-9/11 to "I ♥ NY More Than Ever" to boost tourism.^[145] Glaser's contributions extended to album covers, such as Bob Dylan's Greatest Hits, and public campaigns, influencing generations of designers.^[146] Bob Kane (A '33) co-created the Batman character in 1939 with Bill Finger for DC Comics, introducing the caped crusader as a dark, gadget-wielding vigilante in *Detective Comics* #27, which evolved into one of the most enduring franchises in popular culture.^[147] Kane's early training at Cooper Union informed his dynamic panel layouts and shadowy aesthetics, drawing from pulp fiction and film noir influences prevalent in 1930s New York.^[147] Batman has generated billions in media revenue, underscoring Kane's role in pioneering the superhero genre's commercial success.^[148]

Notable Faculty and Intellectual Influence

Peter Eisenman, a leading figure in deconstructivist architecture, served as a professor at Cooper Union's Irwin S. Chanin School of Architecture, where he advanced theoretical discourse through teachings on form, syntax, and urban design.^[149] His tenure emphasized rigorous critique of modernist conventions, influencing generations of architects to prioritize conceptual innovation over functional determinism.^[150] Eisenman's publications, including works on architectural autonomy, stemmed from and informed his classroom explorations at the institution.^[151] John Hejduk, who joined the faculty in 1964 and later became dean of the architecture school, profoundly shaped Cooper Union's pedagogical approach by integrating poetry, symbolism, and abstract inquiry into design education.^[152] Hejduk's "Diamond Thesis" and projects like Three Projects (1969) exemplified his method of using axonometric drawings to probe spatial and temporal ambiguities, fostering a curriculum that prioritized intellectual experimentation over pragmatic outcomes.^[71] His influence extended to alumni through exhibitions and archived works revisited at Cooper Union as late as 2025, underscoring his enduring impact on architectural theory.^[72] Hans Haacke, professor in the School of Art from 1967 to 2002, pioneered institutional critique, teaching students to interrogate power structures in art systems through empirical analysis of funding, curation, and corporate ties.^[153] Haacke's kinetic and conceptual works, such as Condensation Cube (1963–1965), informed his classes, where he emphasized data-driven exposures of systemic biases, producing alumni who applied similar methods in contemporary practice.^[154] This approach contrasted with prevailing formalist trends, prioritizing causal mechanisms of cultural production.^[155] Don Kunz, who taught painting and calligraphy from 1967 until his death in 2001, left a legacy of technical mastery and expressive discipline, as evidenced by alumni tributes highlighting his role in refining perceptual skills amid abstract expressionism's dominance.^[156] Kunz's 33-year tenure emphasized iterative practice and historical continuity in lettering and form, influencing students' transition to professional artistry without reliance on institutional narratives.^[157]

Broader Societal and Economic Lessons

The tuition-free model pioneered by Cooper Union, which provided full scholarships to admitted students for over 150 years, demonstrated that merit-based access to elite education can foster social mobility without relying on broad taxpayer subsidies, but its near-collapse underscores the fragility of such systems absent rigorous fiscal discipline. Founded in 1859 with an endowment intended to generate perpetual income, the institution operated on revenues from real estate assets like the Chrysler Building lease, which initially covered costs effectively. However, by 2014, escalating deficits—projected at $16 million annually—forced the introduction of undergraduate tuition of $20,000 per year, revealing how unchecked cost inflation in higher education, driven by administrative expansion and faculty salaries, can overwhelm even dedicated endowments valued at around $450 million.^[99]^[158] This episode illustrates a core economic principle: idealistic commitments to "free as air and water" education, as Peter Cooper envisioned, require causal mechanisms for long-term viability, such as diversified investments and restrained spending, rather than assumptions of endless endowment growth.^[50] A primary causal factor in the crisis was the board's endorsement of capital-intensive projects, exemplified by the $175 million construction of 41 Cooper Square in 2009, financed partly through debt and premature endowment draws, which diverted resources from operational sustainability. This decision, amid a stagnant endowment overly reliant on a single real estate income stream (from the Chrysler Building, yielding about $30 million annually before its 2008 renegotiation), amplified vulnerabilities exposed by the 2008 financial crisis, where asset sales and hedge fund losses eroded principal.^[99]^[98] Broader lessons for nonprofits and endowments include the peril of "facilities arms races" in academia, where prestige-driven infrastructure competes with mission fulfillment, often leading to leverage that magnifies downturns—mirroring patterns in other institutions facing similar deficits from deferred maintenance and overbuilding. Empirical data from the period shows Cooper Union's operating expenses ballooned to $61 million annually by 2011, outpacing revenue growth, highlighting how administrative bloat (e.g., non-teaching staff proliferation) erodes efficiency in tuition-free or low-tuition models.^[159]^[50] Governance failures, including insufficient trustee oversight and conflicts of interest—such as board members affiliated with the construction's architect, Thom Mayne—exemplify systemic risks in self-perpetuating nonprofit boards, where fiduciary duties to the founder's intent clashed with modern expansionist pressures. Lawsuits filed by alumni in 2015 accused the board of breaching the institution's charter by imposing tuition without exploring alternatives like cost cuts or asset reconfiguration, resulting in a 2015 New York Attorney General investigation that pressured reforms.^[160]^[161] This underscores the economic imperative for external accountability in endowment management, akin to Yale's diversified model under David Swensen, which Cooper Union neglected, leading to undiversified holdings vulnerable to real estate cycles.^[162] Recovery efforts, including a 2018 10-year plan to reinstate full-tuition scholarships by 2028 through $100 million in savings, debt refinancing, and enrollment stabilization, affirm that reversion to sustainability is feasible via austerity and strategic divestitures, but only after painful reckonings.^[158]^[38] Ultimately, Cooper Union's trajectory warns against conflating educational access with fiscal imprudence, emphasizing that true societal benefit arises from models balancing meritocracy with market-realist funding, rather than subsidized universality prone to capture by interest groups.^[163]

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[59]
Albert Nerken School of Engineering | cooperedu - Cooper Union
Like The Cooper Union's other schools, the Albert Nerken School of Engineering is intimately involved with the New York metropolitan area. Sometimes, the city ...
[60]
Alumni Profile : Albert Nerken ChE 1933
Jan 15, 2017 · In 1989, he gave 7 million dollars to The Cooper Union. The Nerken gift went partly to improve faculty benefits and to expand financial aid to ...
[61]
Albert Nerken, 79, an Engineer, Industrialist and Philanthropist
Jul 30, 1992 · Among his charitable donations was $7 million to his alma mater, the Cooper Union for the Advancement of Science and Art, its largest gift. He ...
[62]
A History of Chemistry and Chemical Engineering at Cooper Union
One of Cooper Union's most famous alumni, Thomas Edison, studied chemistry here in 1872, signing up for courses to help him develop some of his early inventions ...
[63]
School of Engineering Departments | cooperedu - Cooper Union
Breadcrumb. Home >; Albert Nerken School of Engineering. School of Engineering Departments. Chemical Engineering Button. Civil Enginering. Computer Science ...Civil Engineering · Mechanical Engineering · Electrical Engineering · Mathematics
[64]
Best Undergraduate Engineering Program Rankings (No doctorate)
Cooper Union for the Advancement of Science and Art. New York, NY. #9. in Engineering Programs (no doctorate) (tie). 2 reviews. Cooper Union for the Advancement ...Cooper Union · Rose-Hulman Institute of... · Franklin W. Olin College of
[65]
U.S. News & World Report - 2021 Best Undergraduate Engineering ...
Sep 16, 2020 · Cooper Union's engineering programs ranked: #1 in Chemical, #7 in Civil, #7 in Computer, #8 in Electrical/Electronic/Communications, #7 in ...
[66]
Facilities | cooperedu - Cooper Union
Albert Nerken School of Engineering Facilities · Chemistry Facilities · Chemical Engineering Facilities · Civil Engineering Facilities · Electrical Engineering ...<|separator|>
[67]
Architecture at Cooper: 1859-2009 | cooperedu
A comprehensive time-line traces themes from 1859 to the present, linking the development of The Cooper Union's buildings, programs and pedagogy.
[68]
About | cooperedu - Cooper Union
The mission of The Irwin S. Chanin School of Architecture is to provide its students with the finest professional education available within an intellectual ...
[69]
The Cooper Union | Architecture Schools and Student Information
The mission of The Irwin S. Chanin School of Architecture is to provide for its students the finest professional education available within an intellectual ...
[70]
Irwin S. Chanin School of Architecture Master of Science in ... - e-flux
The Cooper Union Irwin S. Chanin School of Architecture Master of Science in Architecture is a three-semester post-professional degree program in New York ...<|separator|>
[71]
John Hejduk Works | cooperedu - Cooper Union
In 1964 he returned to the institution to teach in the School of Art and Architecture. In 1975, he became Dean of the School of Architecture, where he developed ...
[72]
John Hejduk's Diamond Thesis drawings are revisited at the Cooper ...
Sep 22, 2025 · Chanin School of Architecture's founding dean who began his teaching career there earlier that decade. For the exhibition, organizers pried ...
[73]
The Irwin S. Chanin School of Architecture Archive of The Cooper ...
Nov 29, 2023 · The Irwin S. Chanin School of Architecture Archive is an archive founded in 1983. It aims to record the School of Architecture's pedagogy by ...
[74]
The Irwin S. Chanin School of Architecture - Cooper Union
Full-Time Faculty · Diana Agrest. The Irwin S. Chanin Distinguished Professor · Nora Akawi. Assistant Professor ...Missing: notable | Show results with:notable
[75]
Cooper Faculty and Alumni on AN Top 50 List | cooperedu
Mar 12, 2018 · In addition to NADAAA, the list also acknowledges the work of Cooper alumni Toshiko Mori (AR'76); Snarkitecture (Daniel Arsham, A'03 and Alex ...
[76]
About the School of Art | cooperedu - Cooper Union
The mission of the School of Art is to educate artists in the broadest sense, both as creative practitioners engaged with a wide range of disciplines in the ...
[77]
Curriculum | cooperedu - Cooper Union
The curriculum includes a foundation program, disciplines like drawing and sculpture, and a senior presentation. It integrates fine arts with humanities and ...
[78]
Degree Requirements | cooperedu - Cooper Union
A BFA requires 130 credits (pre-Fall 2022) or 125 (post-Fall 2022), including foundation, art history, general studies, studio, and a senior presentation.
[79]
School of Art First-Year Application Process - Cooper Union
If you have questions about our undergraduate application process, please attend an info session, check out our FAQs, or email us at admissions@cooper.edu.
[80]
School of Art Transfer Application Process | cooperedu - Cooper Union
To be eligible as a transfer applicant, you must have completed 18-60 credits of studio art courses OR previously earned a bachelor's degree in a discipline ...<|separator|>
[81]
School of Art - Cooper Union
Full-Time Faculty · Dennis Adams. Professor · Doug Ashford. Professor · Fia Backström. Associate Professor; Director of Academic Advising · Mike Essl. Associate ...
[82]
Lee Krasner A'29 | cooperedu - Cooper Union
Lee Krasner (1908–84) and discussion soon turns to her husband and fellow painter, Jackson Pollack, his powerful talent, and the way his career eclipsed ...Missing: notable | Show results with:notable
[83]
Cooper Together 2022 | cooperedu
Founded by Cooper Union School of Art alumni Seymour Chwast A'51, Reynold Ruffins A'51 and Edward Sorel A'51 and soon joined by Milton Glaser A'51, Push Pin ...
[84]
Applying to Cooper Union | cooperedu
Application Deadlines · Albert Nerken School of Engineering: November 1 · Irwin S. Chanin School of Architecture: December 1 · School of Art: December 1.School of Engineering First ...School of Art First-Year ...School of Architecture First ...Transfer ArtTransfer Engineering
[85]
First-Year Profile | cooperedu - Cooper Union
The acceptance rate for our fall 2024 entering class is 13%. We practice a holistic admission process. Starting with the fall 2026 application cycle, SAT ...
[86]
Frequently Asked Questions | cooperedu - Cooper Union
We do not conduct interviews as part of our undergraduate or Master of Engineering admissions process. ... merit may be considered for admission after completion ...
[87]
Cooper Union Requirements for Admission - PrepScholar
With a GPA of 3.71, Cooper Union requires you to be above average in your high school class. You'll need at least a mix of A's and B's, with more A's than B's.
[88]
Retention and Graduation Rates | cooperedu - Cooper Union
92% of our fall 2023 first-year students returned in fall 2024. 81% of our first-year students that entered in fall 2018 graduated within 6 years.Missing: outcomes | Show results with:outcomes
[89]
Beyond Cooper | cooperedu
Cooper Union graduates pursue various educational and professional growth opportunities via internships, research experiences, employment, freelance work.
[90]
The Cooper Union for the Advancement of Science and Art - Niche
Rating 3.8 (104) The Cooper Union was founded in 1859 in New York City. It is a top-ranked college committed to making education fair and accessible to all.Admissions · Reviews · Majors · RankingsMissing: accreditation | Show results with:accreditation
[91]
RYE CONNECTIONS: The History of Free Tuition at Cooper Union
May 18, 2015 · ... enroll in classes. Running both evening and daytime sessions, Cooper Union provided the first example of continuing education. ... 1860.
[92]
[PDF] Cooper-Union-Cross-Petition.pdf
One part of the FSP that suffered from both problems was the concept of generating revenue by offering new programs, the first of which was supposed to be a new.
[93]
The Cooper Union Annual Reports 1860-1884 - CONTENTdm
943 93 Interest on Peter Cooper's Endowment Fund................................................................ 3,000 00 Donations.........................
[94]
Peter Cooper - Philanthropy Roundtable
Cooper devoted over half his fortune to the Union's endowment, including much Manhattan real estate, which has allowed the endowment to grow along with the city ...
[95]
[PDF] REVENUE - Cooper Union
Oct 12, 2012 · Cooper Union Revenue Task Force recommends the pursuit of new revenue streams across the following areas: • New Fee-Based Post-Baccalaureate ...Missing: size | Show results with:size
[96]
The Indicator: Cooper Union, I Love You but You're Bringing Me Down
May 3, 2013 · For more than 100 years, Cooper Union, which includes a prestigious architecture school, has been “free” (full-tuition support to all students).
[97]
Preserve Free Tuition At Cooper Union - City & State New York
Aug 11, 2014 · The school has had to defend its unique tax subsidy repeatedly throughout its history and has done so by citing its tuition-free status, which, ...
[98]
Are Cooper Union's finances fixable? - Reuters
May 11, 2013 · And with more than $100 million in hedge fund investments in 2008, Cooper was paying more than $2 million a year in hedge fund management fees ...Missing: size | Show results with:size
[99]
How Cooper Union's Endowment Failed in Its Mission
May 10, 2013 · Over the decades, Cooper Union has sold off assets piecemeal, failed to diversify its endowment, taken on debt and built a lavish new building.
[100]
Cooper Union's Leadership Crisis, in 5 Damning Allegations
Sep 3, 2015 · The president and board members hid the college's financial problems after the loan-repayment plan fell apart. What the attorney general ...
[101]
Cooper Union Endowment Troubles Blamed for Tuition Move
May 13, 2013 · Poor management of its endowment and a weak fundraising operation helped create the financial pressures that led New York City's Cooper Union ...
[102]
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Nothing is retrieved...<|separator|>
[103]
Cooper Union trustees reject last-ditch plan to keep college free
Jan 12, 2014 · Cooper Union trustees reject a plan to keep the college free. Alumni fear impact of the shift to tuition.
[104]
Consent Decree and Related Documents | cooperedu - Cooper Union
On December 16, 2015 the Hon. Nancy M. Bannon granted the Cooper Union a cy pr es relief and approved a Consent Decree in a settlement.
[105]
10 YEAR PLAN TO RETURN TO FREE | cooperedu - Cooper Union
In 2018, The Cooper Union Board of Trustees approved a 10-year Plan to Return to Full-Tuition Scholarships. It was a historic and ambitious moment.
[106]
Five-Year Anniversary of Adoption of Plan to Return to Full-Tuition ...
Mar 14, 2023 · It sought to generate $250 million over the 10 years to fund scholarships, build a financially resilient institution for the long term, invest ...Missing: achievements | Show results with:achievements
[107]
The Cooper Union's Tuition Will be Free for College Seniors
Sep 3, 2024 · About a decade ago, the small, prestigious school in Manhattan faced a financial crisis. It began charging some students to attend, leading ...
[108]
Transformation in the Making | cooperedu - Cooper Union
Nov 13, 2024 · The Plan at Five Years details critical efforts made to improve academic programs, introduce new spaces, and foster collaborative student experiences.Missing: deviations intent
[109]
Cooper Union, Foundation Building - PBDW Architects
The 1858 Foundation Building, designed for Peter Cooper by Frederick Peterson, was an Italianate palazzo that had a formality befitting Cooper's idea of his ...Missing: 1900-1960 | Show results with:1900-1960
[110]
[PDF] Foundation Building, Cooper Union for the Advancement of Science ...
It also opened its doors for women, further indicating the breadth of Peter Cooper's vision and his anticipation, by many years, of women's rights movements ...
[111]
Facilities and Resources | cooperedu - Cooper Union
The five-story Foundation Building was designed by Frederick A. Petersen in the Renaissance Revival style, with studios and classrooms above a first floor of ...Missing: 1900-1960 | Show results with:1900-1960
[112]
The Cooper Union Portfolio - DBI Projects
Atrium Restoration at 41 Cooper Square; Facade & Roof Restoration for the Foundation Building (Local Law 11 Compliance); Photo Workspace; Student Residence ...<|control11|><|separator|>
[113]
Abraham Lincoln's Speech at Cooper Union | February 27, 1860
Feb 20, 2024 · On February 27, 1860, Abraham Lincoln gave one of the most effective speeches of his career, one we now know as the Speech at Cooper Union.Missing: details | Show results with:details
[114]
Right Makes Might | cooperedu - Cooper Union
The Cooper Union is hosting a series of Great Hall events inspired by the political courage and moral vision of Lincoln's “Right Makes Might” address.
[115]
https://libraryv1.cooper.edu/archive/foundation_building_jump_page.html
[116]
41 Cooper Square | cooperedu
The Cooper Union opened 41 Cooper Square, a major new institutional facility. The building was designed by Pritzker Prize-winning architect Thom Mayne.
[117]
41 Cooper Square by Morphosis - Dezeen
Oct 11, 2009 · Designed by 2005 Pritzker Prize-winning architect Thom Mayne of Morphosis, the nine-story, 175,000 square foot, full-block building will replace ...
[118]
41 Cooper Square-New York, N.Y. | 2009-12-16 | ENR
Dec 16, 2009 · The $150 million, nine-story facility features a double skin façade with a sculpted layer of perforated stainless steel wrapped around a glass ...Missing: overrun | Show results with:overrun
[119]
41 Cooper Square becomes first academic building in New York ...
Dec 20, 2010 · 41 Cooper Square is the first academic building in New York City to achieve LEED Platinum status, the USGBC's highest and most rigorous level of certification.<|control11|><|separator|>
[120]
Projects - 41 Cooper Square Green Roof for The Cooper Union
An open and expansive sixth floor terrace is carved into the building's sculpted facade, providing outdoor urban space that overlooks the city and historic ...Missing: details | Show results with:details
[121]
[PDF] the chronicle of higher education - Cooper Union
Dec 16, 2011 · *President. Page 3. The institution has been in tight financial spots before, but has found ways to sell off or lease some of its properties,.
[122]
Lawsuit Filed Against Cooper Union over Tuition Plan - Art News
May 28, 2014 · The school took on debt to finance the new building, the petition states, based on “patently unrealistic or false” promises of fiscal ...Missing: criticisms projects<|control11|><|separator|>
[123]
No Apologies for Cooper Union Financial Frustration
Apr 29, 2013 · Things are as bad as they seem at Cooper Union, where no one wants to own up to the school's financial failings.Missing: criticisms | Show results with:criticisms
[124]
Board of Trustees Committee Membership - Cooper Union
Board of Trustees Committee Membership: Executive, Jamie Levitt, Chair, Anne Chao, Pamela Flaherty, Judy Freyer, Aftab Hussain ME'97, Vice Chair.
[125]
Trustees | cooperedu - Cooper Union
Representatives to the Board · Benjamin Davis -- Full-time Faculty · Beverly Joel -- A'95 Part-time Faculty · Shervin Jamali -- Staff · Lex Lancaster -- Full-time ...
[126]
Officers | cooperedu - Cooper Union
Steven McLaughlin is President, Jamie Levitt is Chair, Aftab Hussain and Stephen Welby are Vice Chairs, John Ruth is Vice President, and Michelle Marsh is ...
[127]
Cooper Union's shameless trustees - Reuters
May 19, 2013 · It's tragic that Cooper Union has decided to start charging tuition. The fateful announcement was made by Mark Epstein, ...Missing: controversies | Show results with:controversies
[128]
Debate: What Caused Cooper Union's Fiscal Woes and Is Ending ...
May 16, 2013 · Activists are occupying the president's office for a ninth day after the school said fiscal problems would force an end to more than a century ...
[129]
President and five trustees quit amid bitter unrest at Cooper Union
Jun 10, 2015 · Five members of the 23-member Board of Trustees resigned Tuesday, with three openly citing dissatisfaction with college's direction.
[130]
Lawsuit against Cooper Union comes to an end - The Art Newspaper
Sep 1, 2015 · Under the agreement, Cooper Union will create a committee, known as the “Free Education Committee”, charged with developing a plan to restore ...Missing: controversies | Show results with:controversies
[131]
The Cooper Union Fights Back
CSCU is pursuing legal action as a last resort after Cooper Union's Board of Trustees proceeded to stop offering the free education required by the Charter.
[132]
Cooper Union, Committee to Save Cooper Union Agree to Settle ...
Sep 1, 2015 · The agreement will end the litigation over the new financial plan adopted by The Cooper Union's Board of Trustees in 2013 and allow for the continued sliding- ...Missing: conflicts stakeholders<|separator|>
[133]
Judge Lets Cooper Union Levy Tuition in Short Term
Dec 16, 2015 · A state judge approved a settlement on Wednesday that ends a bitter legal battle over tuition at the Cooper Union for the Advancement of Science and Art.<|control11|><|separator|>
[134]
You Can't Just End an Era - Free Cooper Union
Each student would be charged about $20,000 per year, which the board described as a reduction from a full-tuition to a half-tuition scholarship. Board Chairman ...
[135]
Cooper Union in NYC must face Jewish students' lawsuit over pro ...
Feb 5, 2025 · They said Cooper Union's fostering of a hostile educational environment violated Title VI of the Civil Rights Act of 1964, which bars federal ...
[136]
Judge scolds Cooper Union for legal defense that students under ...
Feb 5, 2025 · A Manhattan judge scolded Cooper Union Wednesday for claiming in court that Jewish students should have hidden from protesters during the campus unrest.
[137]
[PDF] Case 1:24-cv-02669-JPC Document 39 Filed 02/05/25 Page 1 of 56
Feb 5, 2025 · The Court agrees with Cooper Union, however, that Gartenberg's contract claim fails insofar as it is based on the school's Building Access ...
[138]
Cooper Union wins court case against RFR over Chrysler Building
Nov 1, 2024 · The Chrysler Building is roughly 60 percent leased—Cooper Union is now suing RFR for $21 million in back rent. Schecter will decide that case as ...Missing: challenges | Show results with:challenges
[139]
Judge Orders RFR to Cede Chrysler Building to Cooper Union
Nov 1, 2024 · The decision follows RFR's legal challenge to void the lease termination, which the judge rejected. Cooper Union plans to work with Cushman ...
[140]
Russell A. Hulse – Facts - NobelPrize.org
Photo from the Nobel Foundation archive. Russell A. Hulse Nobel Prize in Physics 1993. Born: 28 November 1950, New York, NY, USA. Affiliation ...
[141]
Russell A. Hulse – Biographical - NobelPrize.org
After receiving my bachelor's degree in physics from Cooper Union in 1970, I started graduate school at The University of Massachusetts in Amherst. While I knew ...
[142]
Russell Hulse, Physics '70 - Cooper Union Alumni Association
Nov 15, 2015 · In 1993, along with his former thesis professor Joseph H. Taylor, Hulse was awarded the Nobel Prize for Physics, for his discovery of the first ...
[143]
https://cooperalumni.org/2024/01/shigeru-ban-ar84/
[144]
Remembering Milton Glaser, Class of 1951 - Cooper Union
Nov 13, 2020 · Following his graduation in 1951, Glaser, with several of his Cooper classmates, co-founded Push Pin Studios, a graphic design studio that ...Missing: contributions | Show results with:contributions
[145]
COOPERMADE BEER - Milton Glaser | cooperedu - Cooper Union
Milton Glaser (1929-2020) produced iconic work for book covers, posters, albums, and product packaging during his lengthy career.Missing: contributions | Show results with:contributions
[146]
Milton Glaser (1929–2020) | Cooper Hewitt, Smithsonian Design ...
Jun 29, 2020 · He co-founded Push Pin Studios in 1954 with friends from Cooper Union. Based in New York City, Push Pin became an international force in the ...
[147]
Made by Alumni: Comic Books | cooperedu - Cooper Union
Bob Kane A'33, co-creator of Batman, Batman Archives Volume 1 (anthology, 1990) available for purchase on Abe Books. Harvey Kurtzman A'45, wrote first 23 ...
[148]
Bob Kane, 83, the Cartoonist Who Created 'Batman,' Is Dead
Nov 7, 1998 · Kane attended Cooper Union and the Art Students League. His first comic strips, ''Peter Pupp'' and ''Hiram Hick,'' were published in 1936 ...
[149]
Peter Eisenman - Cooper Union School of Architecture: Faculty
Professor Eisenman received a Bachelor of Architecture, Cornell University; Master of Architecture, Columbia University; M.A. and Ph.D., Cambridge. He has been ...
[150]
Student Lecture Series: Peter Eisenman / Projects and Practice
Eisenman has taught at Cambridge University, Harvard University, Princeton University, Ohio State University, and The Cooper Union. His many books include ...
[151]
Peter Eisenman - Yale Architecture
Eisenman has taught at Cambridge University, Harvard University, Princeton University, Ohio State University, and The Cooper Union. His many books include ...
[152]
John Q. Hejduk - Cooper Union Alumni Association
Feb 5, 2015 · John Hejduk graduated from The Cooper Union for the Advancement of Science and Art in 1950. In 1964, he returned to the institution to teach ...
[153]
Convivial and Productive Critique: A Conversation with Hans Haacke
May 16, 2016 · Hans Haacke: I taught at Cooper Union for thirty-five years. I started as an adjunct and then became a fulltime faculty member. Most of the ...
[154]
How Seven Cooper Union Students Became the New Museum's Big ...
Apr 17, 2013 · One of the most prominent living figures of institional critique, the German artist Hans Haacke, taught generations of Cooper students from 1967 ...
[155]
Why Are Museums So Afraid of This Artist? - The New York Times
Sep 16, 2024 · As cultural institutions face an existential crisis over who funds them and how, the 88-year-old artist Hans Haacke is still making curators and collectors ...Missing: revenue | Show results with:revenue
[156]
Art & Influence: Don Kunz | cooperedu - Cooper Union
Cooper Union Alumni pay tribute to the lasting influence of the Cooper Union Professor of Painting and Calligraphy Don Kunz (1937 - 2001).
[157]
ABOUT | Don Kunz Estate
The late Don Kunz is known for his work as a calligrapher, painter, and teacher. Having taught calligraphy at Queens College, and serving the Cooper Union ...
[158]
Cooper Union college plans to bring back free tuition - CNBC
Aug 4, 2018 · "The model wasn't sustainable at the time," Cooper Union President Laura Sparks said. ... "That's in part why it was so important to the board to ...
[159]
Why Cooper Union Matters - The Brooklyn Rail
At issue was the recently leaked information that the Board of Trustees was considering charging tuition to Cooper students—a move that many believe would ...
[160]
Cooper Union Inquiry Puts Nonprofits on Notice - The New York Times
Apr 9, 2015 · Schneiderman's investigation is that his office is intervening before its financial problems ruin the school. Cooper Union's endowment stood ...Missing: sources | Show results with:sources
[161]
Double Trouble - Ithaka S+R
Sep 21, 2015 · Stated simply, Cooper Union lacks the revenue to sustain its cost structure absent charging of tuition. ... [29] The Cooper Union, Financial ...<|separator|>
[162]
Cooper Union Situation Emblematic of Problems Facing U.S. Colleges
Oct 8, 2015 · Thanks to a $723 million endowment, the small, highly selective school made good on that promise by educating students tuition-free for more ...
[163]
Legendary Art School Cooper Union Has a Plan to Bring Back Free ...
Mar 8, 2018 · The Cooper Union has devised a 10-year plan to return to free tuition for all students, but the community remains divided.