Just another thought from the poor side of town (half the country — at least). We know the old saying: “The landlord reaps what he does not sow.” You may own a business where you improve and improve your customer base and profits and the landlord just keeps raising the storefront rent to absorb all the expanded profitability for himself — classic predicament.
It occurs to me that with housing stock ever shrinking for the bottom 50 percentile — as what exists now, not so gradually turns condo (my Chicago neighborhoods for sure and I hear my old South Bronx neighborhoods too as yuppies take over there and Harlem) and nobody builds any new housing for the underpaid 50 percent — that any income gains the below 50 percentiles may acquire through higher minimum wages or re-unionization could possibly ALL be absorbed by apartment landlords squeezing all the traffic will bear. You have to sleep somewhere.
What to do? ??? (Got to re-unionize to organize any effective response — that’s for sure.)
“The first part of the report, embedded below, goes through a mind-numbing and degrading set of scams perpetrated on students, including the bait and switch of hitting them with extra charges they can’t possibly find out about before they have committed to the school, to the tune of an estimated $10,000 per year; providing mediocre education in programs that require “study abroad” while also requiring them to stay in grossly overpriced university housing; admitting a high proportion of foreign students, precisely because they pay higher fees (and predictably, NYU’s premiums are even higher than that of other schools), and offering shamelessly overpriced, narrow, and not very good health services.
Just another thought from the poor side of town (half the country — at least). We know the old saying: “The landlord reaps what he does not sow.” You may own a business where you improve and improve your customer base and profits and the landlord just keeps raising the storefront rent to absorb all the expanded profitability for himself — classic predicament.
It occurs to me that with housing stock ever shrinking for the bottom 50 percentile — as what exists now, not so gradually turns condo (my Chicago neighborhoods for sure and I hear my old South Bronx neighborhoods too as yuppies take over there and Harlem) and nobody builds any new housing for the underpaid 50 percent — that any income gains the below 50 percentiles may acquire through higher minimum wages or re-unionization could possibly ALL be absorbed by apartment landlords squeezing all the traffic will bear. You have to sleep somewhere.
What to do? ??? (Got to re-unionize to organize any effective response — that’s for sure.)
“The Art of the Gouge”: NYU as a Model for Predatory Higher Education
“The first part of the report, embedded below, goes through a mind-numbing and degrading set of scams perpetrated on students, including the bait and switch of hitting them with extra charges they can’t possibly find out about before they have committed to the school, to the tune of an estimated $10,000 per year; providing mediocre education in programs that require “study abroad” while also requiring them to stay in grossly overpriced university housing; admitting a high proportion of foreign students, precisely because they pay higher fees (and predictably, NYU’s premiums are even higher than that of other schools), and offering shamelessly overpriced, narrow, and not very good health services.
“Mind you, that list only scratches the surface.”
http://www.nakedcapitalism.com/ has become one of my favorite every morning stops.
http://www.nakedcapitalism.com/2015/05/the-art-of-the-gouge-nyu-as-a-model-for-predatory-higher-education.html
<a hrep= instead of <a href= above 🙁
Dennis,
NYU is a non profit university:
http://www.eri-nonprofit-salaries.com/?FuseAction=NPO.Summary&EIN=135562308&BMF=1&Cobrandid=0&Syndicate=No
Sammy,
Apparently the management is not non-profit.
Most “Liberal” universities: #3 =New York University. http://fsu.uloop.com/news/view.php/102399/most-liberal-colleges
Sammy, that should read, NYU is a neo-liberal university and fosters the worst aspects of liberalism.