College cost is a national issue — not one confined to NYU. Browse a list of articles, research, and reports from others who are investigating ways to make college more affordable to more students. As our research expands, expect this list of relevant resources to grow.
NYU's Operating and Capital Budgets
Learn more about the University's revenues, expenses, and capital costs.
Open IDEO Higher Ed Challenge
In this crowd-sourced project, IDEO tackleD a major barrier in getting to and through higher education — affordability — by exploring ideas that cut across cultures, income levels, countries, industries and sectors. IDEO's research was not specific to any one college or university.
Keeping College Affordable is Essential (PDF)
Article by NYU's own Martha J. Kanter in the NEA 2015 Almanac of Higher Education. Kanter is is a Distinguished Visiting Professor of Higher Education and a Senior Fellow at New York University. In 2009, President Barack Obama nominated her to serve as the U.S. Under Secretary of Education, with oversight responsibility for all federal postsecondary statutory, regulatory and administrative policies and programs for the U.S. Department of Education.
Summary of Income-Driven Repayment Options
Using data from the Institute for College Access & Success, The Washington Post published the following table along with an article from December 14, 2015:
As You Earn
|All Direct student loan borrowers. No partial financial hardship (PFH) requirement.||10% of discretionary income||
20 years if repaying only undergraduate debt
25 years if repaying any graduate debt
|Borrowers who took out their first loan on or after July 1, 2014, and have PFH||
10% of discretionary income, up to the fixed 10-year payment amount
Pay As You Earn
Direct student loan borrowers who took out their first loan after September 30, 2007 and at least one loan after September 30, 2011, and have a a PFH
||10% of discretionary income, up to the fixed 10-year payment amount||20 years|
|All federal student loan borrowers (Direct or FFEL) with a PFH||15% of discretionary income, up to the fixed 10-year payment amount||25 years|
|All Direct Loan borrowers. No PFH requirement||
The lesser of: 20% of discretionary income and 12-year repayment amount x income percentage factor