While everyone at NYU dresses like they are homeless hipsters, it turns out that they can’t be,

1) Because NYU costs $50,000 a year to attend, and
2) Because NYU hates poor people.

And by “poor people,” I mean anyone who may need a little financial aid.

The New York Post reports that admissions counselors at NYU recently gave a big “Eff You” to 1,700 potential students whose financial aid packages may not have been enough to cover their yearly tuition. Why did they call? Well,  NYU claims the calls were to help those students out, but the real message: find another school.

Even more upsetting? Students who would be the first in their families to go to college were more likely to make it onto this phone tree.

So much for being open, diverse and a school of liberal thought. NYU cares more about the ching ching than the molding of young, brilliant minds.

Oh, NYU; have we learned nothing from Pretty Woman?
Big mistake. Huge.

You could be turning away the next Steve Jobs, Sergey Brin, or CollegeCandy editor!

If I were on that call list, I’d take my money and go elsewhere.
I’m not spending 4 years where I’m not wanted!

Our economy is crumbling, and things just got worse for Bachelors degree-hopefuls, especially those in Massachusetts. Last year, the Massachusetts Educational Financing Authority secured over $500 million in educational loans. This year, they’ve announced that they will not be offering loans for the upcoming academic year.

None. Zero. Zip. Zilch. Nada. They didn’t cut their $500 million budget to, say, $250 million. They exed the loans altogether.

MEFA secures loans for 40,000 students who live in Massachusetts, or who attend school there. Unfortunately, this year, the financing authority could not secure the money. Executive director Tom Graff blames “disruptions in capital markets.” So, just like that, 40,000 students are sh*t out of luck.

MEFA is the first to make headlines, but any financing authority could also be treading on thin ice. Which means that students across the country could be forced to drop out of college, or sell their souls to finance a degree that can cost upwards of FORTY GRAND per year at top-notch schools like Carnegie Mellon, Tufts, NYU, and Notre Dame.

When I was in college, I played my cards right, and managed to get through my degree with almost no debt, and decided to pursue a Master’s, rather than join the work force right away. With our declining economy, I am currently paying dearly for that decision. Read More »