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Sunday, June 23, 2013

Debt for students, big perks for elites

New York University's 2010 graduating class owed a total of more than $600 million in student loans. It's unlikely the university will forgive them. But NYU has forgiven portions of mortgages they have extended to President John Sexton, other university executives or star faculty -- money that has been used to buy properties in Manhattan or vacation homes in the Hamptons.



via CNN.com - Top Stories http://edition.cnn.com/2013/06/21/opinion/potter-nyu-compensation/index.html?eref=edition

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