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Why did Cooper Union decide to reinstate free tuition?
Cooper Union reinstated free tuition for seniors as part of its efforts to return to its founding principles of providing free education. This decision follows a series of financial challenges and a commitment to finding alternative funding models to support students, as emphasized by former president Laura Sparks.
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What does this mean for current and future students?
The reinstatement of free tuition for seniors is a positive development for current students, alleviating financial burdens as they complete their degrees. For future students, this move signals a commitment to gradually restoring free tuition for all undergraduates by 2028, making Cooper Union a more attractive option for prospective applicants.
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How does this compare to other colleges' tuition policies?
Cooper Union's decision to reinstate free tuition stands out in comparison to many other colleges that continue to raise tuition fees. While some institutions are exploring tuition-free models, most still rely heavily on student fees. Cooper Union's approach reflects a unique commitment to accessible education that contrasts sharply with the rising costs seen at many universities.
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What are the funding sources for this initiative?
The funding for the reinstatement of free tuition at Cooper Union is expected to come from a combination of increased donations and alternative funding models. Recent donations have played a crucial role in supporting this initiative, allowing the institution to move closer to its goal of providing free education for all undergraduates.
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What challenges does Cooper Union face moving forward?
Despite the positive news, Cooper Union faces challenges in ensuring long-term financial sustainability while maintaining its commitment to free tuition. The institution must navigate ongoing financial pressures and find innovative funding solutions to support its educational mission without compromising quality.