New York University is the largest private university in the United States, with an endowment of $3.5 billion, and an annual budget of over $3.075 billion.
According to NYU’s website, “the budget provides the financial framework for the university’s mission of teaching and research by balancing resources with needs and aspiration.” If this is true, then why don’t any of my teachers have dry erase markers that work?
I don’t know about you, but every semester I’ll be sitting in a class, squinting as I try to decipher the weak writing on the board from the sad, dried out expo marker that the professor has been trying to squeeze every last drop out of. Then, after writing with that pathetic, usually red or green marker for the first 30 minutes of class, the professor will suddenly come to his or her senses and fumble around for a different, slightly less useless marker. I don’t blame the professor, considering most teachers have to buy their own school supplies, but I do blame NYU. Because, considering how many free tshirts NYU gives out on a regular basis (that end up collecting dust in the back of everyone’s closets), you’d think that the school could provide its faculty with some functional dry erase markers.
There are 4,527 faculty members at NYU, and around 900 TAs/graduate instructors. Now, some professors and TAs don’t use dry erase markers, and some do every class. So, if NYU provided a box of 2,000 dry erase markers per semester, for teachers to access upon request, according to bulkofficesupply.com the cost would come out to $3,240 per year. Now, this may seem like a lot; however, I have a few ideas of how NYU could reallocate its spending in order to make this happen:
1. NYU invests $139 million in the fossil fuel industry. $139 million – $3,240 = $138,996,760. If NYU used some of its fossil fuel money to buy dry erase markers, it would still have the aforementioned amount left to ruin the planet.
2. Upon Andrew Hamilton’s arrival, NYU spent $1.1 million renovating a penthouse duplex for the new president to live in. $1.1 million – $3,240 = $1,096,760. I bet if he asked for 2,000 dry erase markers, they would deliver them to him in a crystal bowl.
3. NYU gave John Sexton $1 million for his fire island summer home. Same deal.
There are many more things I could add to this list, but honestly, I think #1 is good enough. The other two are just to make a point. Which do you think is more important—the fossil fuel industry, or NYU teachers having the proper supplies?