4 ms·
At least while I was applying to college, NYU was notorious for offering very generous first year scholarships, and being very stingy with 4 year scholarships,
by Aunche 5y ago
At least while I was applying to college, NYU was notorious for offering very generous first year scholarships, and being very stingy with 4 year scholarships, which led to students believing it was more affordable than it actually was.
- yardie 5y agoNot just NYU. My school had generous scholarships for freshmen. Then each subsequent year, as your loan limit was allowed to increase, you were expected to take on more loans. You could reapply every year for some of those scholarships but many were need based or one time only. As a first generation student it felt very bait and switch like.
- seibelj 5y agoBoston University was well known for having high GPA requirements and being notorious for grade deflation and mandatory scaling of grades. B’s were very common, but with most scholarships requiring a 3.3 average it was easy to slip right under and need debt. I had several friends who lost their scholarships after freshman year.
- m_ke 5y agoSame thing happened to me at Columbia, I was paying 10K a year until my senior year when they randomly decided that I didn't qualify for any aid and was forced to take out a 60K loan to finish my degree.
- ClumsyPilot 5y agosounds like a trap "Arbitrary and Capricious means doing something according to one’s will or caprice and therefore conveying a notion of a tendency to abuse the possession of power. In U.S this is one of the basic standards for review of appeals."
- gruez 5y agoIs that any different than various services (eg. cable) that offer a first year discount?
- ClumsyPilot 5y agoI think more appropriate comparison is someone selling you 2/3 of a car, and charging extra for the remaining part. You can't do anything with 2/3 of a car or 2/3 of a degree, and the retailer knows they have you by the balls at that point.