How Cooper Union’s Endowment Failed The School’s Mission

“Since Peter Cooper’s heirs gave the Cooper Union for the Advancement of Science and Art the land under the Chrysler Building in 1902, the school’s endowment has enabled it to offer students a high-quality, tuition-free education through two world wars, the Great Depression and multiple stock market crashes and financial crises. So why does Cooper Union now find itself forced to charge tuition of an estimated $20,000 a year?”