- The New School owns about a billion dollars worth of art, most of which is not on display. They could sell the two Warhols they own and raise $100 million tomorrow. But they’d rather close academic departments.
- New School “administrators have started to implement a plan to close, overhaul or merge about 30 academic programs or majors; pause nearly all admissions to doctoral programs; and offer buyouts or early retirement to what professors say is about 40 percent of the full-time faculty.”